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Author | : J. A. John |
Publisher | : CRC Press |
Total Pages | : 408 |
Release | : 2005-08-29 |
Genre | : Business & Economics |
ISBN | : 1420057162 |
Download Statistical Thinking in Business Book in PDF, ePub and Kindle
Business students need the ability to think statistically about how to deal with uncertainty and its effect on decision-making in business and management. Traditional statistics courses and textbooks tend to focus on probability, mathematical detail, and heavy computation, and thus fail to meet the needs of future managers. Statistical Thinking in
Author | : Roger W. Hoerl |
Publisher | : John Wiley & Sons |
Total Pages | : 544 |
Release | : 2012-04-09 |
Genre | : Business & Economics |
ISBN | : 1118236858 |
Download Statistical Thinking Book in PDF, ePub and Kindle
How statistical thinking and methodology can help you make crucial business decisions Straightforward and insightful, Statistical Thinking: Improving Business Performance, Second Edition, prepares you for business leadership by developing your capacity to apply statistical thinking to improve business processes. Unique and compelling, this book shows you how to derive actionable conclusions from data analysis, solve real problems, and improve real processes. Here, you'll discover how to implement statistical thinking and methodology in your work to improve business performance. Explores why statistical thinking is necessary and helpful Provides case studies that illustrate how to integrate several statistical tools into the decision-making process Facilitates and encourages an experiential learning environment to enable you to apply material to actual problems With an in-depth discussion of JMP® software, the new edition of this important book focuses on skills to improve business processes, including collecting data appropriate for a specified purpose, recognizing limitations in existing data, and understanding the limitations of statistical analyses.
Author | : Roger W. Hoerl |
Publisher | : John Wiley & Sons |
Total Pages | : 640 |
Release | : 2020-09-16 |
Genre | : Business & Economics |
ISBN | : 1119605717 |
Download Statistical Thinking Book in PDF, ePub and Kindle
Apply statistics in business to achieve performance improvement Statistical Thinking: Improving Business Performance, 3rd Edition helps managers understand the role of statistics in implementing business improvements. It guides professionals who are learning statistics in order to improve performance in business and industry. It also helps graduate and undergraduate students understand the strategic value of data and statistics in arriving at real business solutions. Instruction in the book is based on principles of effective learning, established by educational and behavioral research. The authors cover both practical examples and underlying theory, both the big picture and necessary details. Readers gain a conceptual understanding and the ability to perform actionable analyses. They are introduced to data skills to improve business processes, including collecting the appropriate data, identifying existing data limitations, and analyzing data graphically. The authors also provide an in-depth look at JMP software, including its purpose, capabilities, and techniques for use. Updates to this edition include: A new chapter on data, assessing data pedigree (quality), and acquisition tools Discussion of the relationship between statistical thinking and data science Explanation of the proper role and interpretation of p-values (understanding of the dangers of “p-hacking”) Differentiation between practical and statistical significance Introduction of the emerging discipline of statistical engineering Explanation of the proper role of subject matter theory in order to identify causal relationships A holistic framework for variation that includes outliers, in addition to systematic and random variation Revised chapters based on significant teaching experience Content enhancements based on student input This book helps readers understand the role of statistics in business before they embark on learning statistical techniques.
Author | : J. A. John |
Publisher | : CRC Press |
Total Pages | : 410 |
Release | : 2005-08-29 |
Genre | : Mathematics |
ISBN | : 1584884959 |
Download Statistical Thinking in Business, Second Edition Book in PDF, ePub and Kindle
Business students need the ability to think statistically about how to deal with uncertainty and its effect on decision-making in business and management. Traditional statistics courses and textbooks tend to focus on probability, mathematical detail, and heavy computation, and thus fail to meet the needs of future managers. Statistical Thinking in Business, Second Edition responds to the growing recognition that we must change the way business statistics is taught. It shows how statistics is important in all aspects of business and equips students with the skills they need to make sensible use of data and other information. The authors take an interactive, scenario-based approach and use almost no mathematical formulas, opting to use Excel for the technical work. This allows them to focus on using statistics to aid decision-making rather than how to perform routine calculations. New in the Second Edition: A completely revised chapter on forecasting Re-arrangement of the material on data presentation with the inclusion of histograms and cumulative line plots A more thorough discussion of the analysis of attribute data Coverage of variable selection and model building in multiple regression End of chapter summaries More end of chapter problems A variety of case studies throughout the book The second edition also comes with a wealth of ancillary materials provided on a CD-ROM packaged with the book. These include automatically-marked multiple-choice questions, answers to questions in the text, data sets, Excel experiments and demonstrations, an introduction to Excel, and the StiBstat Add-In for stem and leaf plots, box plots, distribution plots, control charts and summary statistics. Solutions to end-of-chapter exercises and powerpoint slides for lecturers are available directly from the publisher.
Author | : J. A. John |
Publisher | : |
Total Pages | : |
Release | : 2006 |
Genre | : Mathematical statistics |
ISBN | : |
Download Statistical Thinking in Business Book in PDF, ePub and Kindle
Author | : Roger Hoerl |
Publisher | : Duxbury Resource Center |
Total Pages | : 552 |
Release | : 2002 |
Genre | : Business & Economics |
ISBN | : |
Download Statistical Thinking Book in PDF, ePub and Kindle
This innovative book teaches students to understand the strategic value of data and statistics in solving real business problems. Following principles of effective learning identified by educational and behavioral research, the instruction proceeds from tangible examples to abstract theory; from the big picture, or "whole," to details, or "parts"; and from a conceptual understanding to ability to perform specific tasks. While the computer is used for computational details, the authors describe the role of statistical thinking and methods for problem solving and process improvement to encourage use of the tools. Hoerl and Snee also teach skills to improve business processes, including collecting data appropriate for a specified purpose, recognizing limitations in existing data, graphically analyzing data using basic tools, deriving actionable conclusions from data analyses, and understanding the limitations of statistical analyses. In summary, the authors demonstrate that statistical thinking and methodology can help students be more valuable and effective in their chosen careers.
Author | : Michael Stuart |
Publisher | : Wiley |
Total Pages | : 0 |
Release | : 2010-07-13 |
Genre | : Mathematics |
ISBN | : 9780470973868 |
Download An Introduction to Statistical Analysis for Business and Industry Book in PDF, ePub and Kindle
This is an introductory statistics textbook for business and management students which uses the innovative approach of 'statistical thinking'. Statistics courses are essential for business students but traditional teaching methods are often seen as difficult and are therefore unpopular; this book aims to offer a new and more appealing way of learning to this market. 'An Introduction to Statistical Analysis for Business and Industry' presents a new and innovative introduction to statistics which trains students directly to address problems which commonly arise in business and industry. Having read and worked through the book and its accompanying manual, students should have the essential skills necessary to apply statistical thinking in business and be able to: –recognise statistical variation in processes, –apply a statistical problem-solving strategy for process improvement, –select and apply appropriate methods of statistical analysis.
Author | : Galen C. Britz |
Publisher | : |
Total Pages | : 0 |
Release | : 2000 |
Genre | : Anvendt statistik |
ISBN | : 9780873894678 |
Download Improving Performance Through Statistical Thinking Book in PDF, ePub and Kindle
This volume presents a clear and practical explanation of statistical thinking without the typical equations and formulas. It aims to bridge the gap from concept to application by providing step-by-step guidance on how to get started on problems.
Author | : Benjamin Yakir |
Publisher | : |
Total Pages | : 324 |
Release | : 2014-09-19 |
Genre | : |
ISBN | : 9781502424662 |
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Introduction to Statistical ThinkingBy Benjamin Yakir
Author | : Gerald J. Hahn |
Publisher | : John Wiley & Sons |
Total Pages | : 302 |
Release | : 2011-09-20 |
Genre | : Mathematics |
ISBN | : 1118211464 |
Download The Role of Statistics in Business and Industry Book in PDF, ePub and Kindle
An insightful guide to the use of statistics for solving key problems in modern-day business and industry This book has been awarded the Technometrics Ziegel Prize for the best book reviewed by the journal in 2010. Technometrics is a journal of statistics for the physical, chemical and engineering sciences, published jointly by the American Society for Quality and the American Statistical Association. Criteria for the award include that the book brings together in one volume a body of material previously only available in scattered research articles and having the potential to significantly improve practice in engineering and science. Highlighting the relevance of statistical methods in everyday applications, The Role of Statistics in Business and Industry bridges the gap between the tools of statistics and their use in today's business world. This one-of-a-kind resource encourages the proactive use of statistics in three well-organized and succinct parts: Setting the Stage provides an introduction to statistics, with a general overview of its uses in business and industry Manufactured Product Applications explains how statistical techniques assist in designing, building, improving, and ensuring the reliability of a wide variety of manufactured products such as appliances, plastic materials, aircraft engines, and locomotives Other Applications describe the role of statistics in pharmaceuticals, finance, and business services, as well as more specialized areas including the food, semiconductor, and communications industries This book is truly unique in that it first describes case studies and key business problems, and then shows how statistics is used to address them, while most literature on the topic does the reverse. This approach provides a comprehensive understanding of common issues and the most effective methods for their treatment. Each chapter concludes with general questions that allow the reader to test their understanding of the presented statistical concepts as well as technical questions that raise more complex issues. An extensive FTP site provides additional material, including solutions to some of the applications. With its accessible style and real-world examples, The Role of Statistics in Business and Industry is a valuable supplement for courses on applied statistics and statistical consulting at the upper-undergraduate and graduate levels. It is also an ideal resource for early-career statisticians and practitioners who would like to learn the value of applying statistics to their everyday work.