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Basic Statistics for Business and Economics 7th Edition
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Basic Statistics for Business and Economics 7th Edition

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Basic Statistics for Business and Economics 7th Edition


Published by Mcgraw Hill Education | Language - English | Binding - Paper Back

Average Rating (181 Customers)

` 775

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About the Book: Basic Statistics for Business and Economics: 7th Edition

"Lind/Marchal/Wathen: BASIC STATISTICS FOR BUSINESS AND ECONOMICS, Seventh edition is a derivative of the best-selling STATISTICAL TECHNIQUES IN BUSINESS AND ECONOMICS, offering the essential topics of statistical tools and methods delivered in a student friendly, step-by-step format. The text is non-threatening and presents concepts clearly and succinctly with a conversational writing style. All statistical concepts are illustrated with solved applied examples immediately upon introduction. Modern computing tools and applications are introduced, but the text maintains a focus on presenting statistics content as opposed to technology or programming methods, and the seventh edition continues as a "students" text with increased emphasis on interpretation of data and results.

New Features?

New exercises and examples using Excel 2007 screenshots and the latest version of MINITAB.

New Excel 2007 software commands and updated MINITAB commands at the ends of chapters.

A Practice Test has been added to the end of each chapter to help students evaluate their understanding of the material and prepare for an examination. The practice test includes a section on vocabulary and a section of problems.

Revised end of chapter exercises and data sets for currency, including Major League Baseball and Real Estate data.

Goals have been changed to Learning objectives and are identified next to the applicable content throughout the chapters.

Retained Features

More real world data and scenarios are used in exercises and examples, providing students with more realistic and relevant applications and motivation. Optional computer exercises and web-based exercise allow students to use technology and the internet for very current information and data for projects at the direction of the instructor.

Statistics in Action boxes (about 2 per chapter) provide additional short yet enriching readings on business and economics as well as the history and development of the field.

Internet exercises related to companies, markets, government organizations, and university data sets enhance students facility and with and use of data. Instructors and students will find these web exercises and data sets useful because they allow the student to experiment with real world examples, and apply their statistical knowledge in up-to-date applications. They also afford students to gain more comfort and familiarity with the vast resources available online.

A Pronunciation Key listing the math symbol, its meaning, and how to pronounce it follows at the end of chapter. This helps students gain confidence in the language of statistics and retain the meaning of the symbol. (It also helps a student understand the professors lectures when new symbols, etc. are introduced)."


"1. What is Statistics?

2. Describing Data: Frequency Distributions and Graphic Presentations

3. Describing Data: Numerical Measures

4. Describing Data: Displaying and Exploring Data

5. A Survey of Probability Concepts

6. Discrete Probability Distributions

7. Continuous Probability Distributions

8. Sampling Methods and the Central Limit Theorem

9. Estimation and Confidence Intervals

10. One-Sample Tests of Hypothesis

11.Two Samples Tests of Hypothesis

12. Analysis of Variance

13. Linear Regression and Correlation

14. Multiple Regression and Correlation Analysis

15. Chi-Square Applications

Appendices: Tables and Data Sets

Answers to Odd-Numbered Chapter Exercises and Chapter Tests


About the Author: Douglas A Lind, William G Marchal, Samuel Wathen

"Douglas A. Lind, Coastal Carolina University, William G. Marchal, University of Toledo-Toledo, Samuel A. Wathen, Coastal Carolina University"


Book: Basic Statistics for Business and Economics 7th Edition
ISBN-13: 9781259097294
Product Code 9781259097294
Binding: Paper Back
Publishing Date: 2013-05-01
Publisher: Mcgraw Hill Education
Number of Pages: 592
Language: English

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