Applied Statistics in Business and Economics (7th Edition)

Specifications

Book Description

“Applied Statistics in Business and Economics, 7th Edition (International Student Edition)” by David Doane and Lori E. Seward is likely a textbook designed to provide students with a practical understanding of statistical concepts and their applications in the context of business and economics. Here's a general description based on the typical content and approach of such textbooks:

Introduction to Statistics: The book is likely to begin with an introduction to basic statistical concepts, including descriptive statistics, probability, and inferential statistics.

Business and Economic Applications: Emphasis on the practical applications of statistics in business and economics. The book may use examples and case studies relevant to these fields to illustrate statistical concepts.

Data Collection and Presentation: Coverage of methods for collecting and presenting data, including data visualization techniques. This could involve discussions on graphs, charts, and tables.

Descriptive Statistics: In-depth coverage of descriptive statistics, which involve summarizing and describing key features of a dataset. This may include measures of central tendency and dispersion.

Probability Distributions: Exploration of probability distributions and their relevance to business and economic decision-making. This may include the normal distribution and other key probability concepts.

Statistical Inference: Introduction to statistical inference, covering hypothesis testing and confidence intervals. The book may guide students on how to draw conclusions from sample data to make inferences about populations.

Regression Analysis: Coverage of regression analysis, a statistical method commonly used in business and economics to model relationships between variables. This could include simple and multiple regression.

Time Series Analysis: Introduction to time series analysis, which involves analyzing data collected over time. This may be relevant for economic forecasting and business trend analysis.

Statistical Software: Practical guidance on using statistical software tools. The book may include instructions for using software like Excel, SPSS, or other statistical packages commonly used in business and economics.

Ethical Considerations: Discussion of ethical considerations in the use of statistics, especially in business and economics contexts. This could include issues related to data privacy, accuracy, and transparency.

Real-World Applications: Integration of real-world applications and examples to demonstrate the relevance of statistical methods in solving practical business and economic problems.

International Student Edition (ISE): The International Student Edition may include content and examples that are relevant and relatable to a global audience, making it suitable for students in international educational settings.

Always refer to the specific edition of the book for the most accurate and detailed information. If the 7th International Student Edition has been released after my last update, you may want to check the book's official website or reliable book retailers for the latest information and reviews.