In response to the growing market trend in quantitative education, Albright, Winston, and Zappe's integrated business-statistics and management-science text presents core statistics and management-science methods in a modern, unified spreadsheet-oriented approach. With a focus on applications, not on mathematical techniques, the book covers business statistics with some essential management-science topics included. The example-based, Excel spreadsheet approach is useful in courses that combine traditional statistics and management-science topics, though it can be easily used for a one-term business statistics only course. The modeling and application focus, together with the Excel spreadsheet add-ins, provides a complete learning source for both students and practicing managers.

Synopsis

Developed by the authors for an MBA course taught at Indiana University, this text illustrates different types of statistical methods for analyzing data sets, touching on regression analysis, decision making under uncertainty, linear programming, and simulation. The material is example-driven with statistics problems solved using commercial add-ins

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