In this fourteenth edition, Statistics for Business and Economics continues to help students see the relevance of statistics to their own careers through examples from various business functionalities, emphasis on interpretation and decision making, and use of data analysis software.
New to This Edition
1.A First Things First Chapter that illustrates how developments in business analytics and "big data" have made understanding statistics that much more critical.
2.JMP Guides, in addition to updated Excel and Minitab Guides, that provide detailed,hands-on instructions for using JMP to illustrate the concepts that this book teaches.
3.A Business Analytics Chapter that makes extensive use of JMP and Minitab to illustrate predictive analytics for prediction, classification, clustering, and association.
4.Tabular Summaries that state hypothesis test and regression example results along with the conclusions that those results support.