The Role Of Statistics In Business And Industry

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The Role of Statistics in Business and Industry

Author : Gerald J. Hahn
Publisher : John Wiley & Sons
ISBN 13 : 1118211464
Total Pages : 302 pages
Book Rating : 4.1/5 (182 download)

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Book Synopsis The Role of Statistics in Business and Industry by : Gerald J. Hahn

Download or read book The Role of Statistics in Business and Industry written by Gerald J. Hahn and published by John Wiley & Sons. This book was released on 2011-09-20 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Understanding Business Dynamics

Author : National Research Council
Publisher : National Academies Press
ISBN 13 : 0309104920
Total Pages : 201 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Understanding Business Dynamics by : National Research Council

Download or read book Understanding Business Dynamics written by National Research Council and published by National Academies Press. This book was released on 2007-05-05 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. economy is highly dynamic: businesses open and close, workers switch jobs and start new enterprises, and innovative technologies redefine the workplace and enhance productivity. With globalization markets have also become more interconnected. Measuring business activity in this rapidly evolving environment increasingly requires tracking complex interactions among firms, establishments, employers, and employees. Understanding Business Dynamics presents strategies for improving the accuracy, timeliness, coverage, and integration of data that are used in constructing aggregate economic statistics, as well as in microlevel analyses of topics ranging from job creation and destruction and firm entry and exit to innovation and productivity. This book offers recommendations that could be enacted by federal statistical agencies to modernize the measurement of business dynamics, particularly the production of information on small and young firms that can have a disproportionately large impact in rapidly expanding economic sectors. It also outlines the need for effective coordination of existing survey and administrative data sources, which is essential to improving the depth and coverage of business data.

Statistical Practice in Business and Industry

Author : Shirley Coleman
Publisher : John Wiley & Sons
ISBN 13 : 0470997478
Total Pages : 450 pages
Book Rating : 4.4/5 (79 download)

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Book Synopsis Statistical Practice in Business and Industry by : Shirley Coleman

Download or read book Statistical Practice in Business and Industry written by Shirley Coleman and published by John Wiley & Sons. This book was released on 2008-04-15 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers all the latest advances, as well as more established methods, in the application of statistical and optimisation methods within modern industry. These include applications from a range of industries that include micro-electronics, chemical, automotive, engineering, food, component assembly, household goods and plastics. Methods range from basic graphical approaches to generalised modelling, from designed experiments to process control. Solutions cover produce and process design, through manufacture to packaging and delivery, from single responses to multivariate problems.

Statistical Thinking

Author : Roger W. Hoerl
Publisher : John Wiley & Sons
ISBN 13 : 1119605717
Total Pages : 640 pages
Book Rating : 4.1/5 (196 download)

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Book Synopsis Statistical Thinking by : Roger W. Hoerl

Download or read book Statistical Thinking written by Roger W. Hoerl and published by John Wiley & Sons. This book was released on 2020-09-16 with total page 640 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Stats Means Business

Author : John Buglear
Publisher : Routledge
ISBN 13 : 1136363645
Total Pages : 371 pages
Book Rating : 4.1/5 (363 download)

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Book Synopsis Stats Means Business by : John Buglear

Download or read book Stats Means Business written by John Buglear and published by Routledge. This book was released on 2012-04-27 with total page 371 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Stats Means Business' is an introductory textbook aimed at Business Studies students who require guidance in the area of statistics. It minimizes technical language, provides clear definition of key terms, and gives emphasis to interpretation rather than technique. 'Stats Means Business' enables readers to: * appreciate the importance of statistical analysis in business * understand statistical techniques * develop judgment in the selection of appropriate statistical techniques * interpret the results of statistical analysis There is an overwhelming need for successful managers to be able to deal competently with numerical information and this text is developed with this in mind by providing worked examples and review questions which are rooted in viable business contexts. Each chapter includes guidance on using Excel and Minitab to produce the analysis described and explained in the chapter. The start of every chapter identifies aims and summarizes content and each is written in an accessible style. Model solutions are provided for three problems in each chapter and further solutions are available on a web site to accompany the book. The book is suitable for first year undergraduate courses, MBA Programmes and anyone who needs support and guidance in the area of statistics.

Business Statistics for Contemporary Decision Making

Author : Ignacio Castillo
Publisher : John Wiley & Sons
ISBN 13 : 1119983223
Total Pages : 850 pages
Book Rating : 4.1/5 (199 download)

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Book Synopsis Business Statistics for Contemporary Decision Making by : Ignacio Castillo

Download or read book Business Statistics for Contemporary Decision Making written by Ignacio Castillo and published by John Wiley & Sons. This book was released on 2023-05-08 with total page 850 pages. Available in PDF, EPUB and Kindle. Book excerpt: Show students why business statistics is an increasingly important business skill through a student-friendly pedagogy. In this fourth Canadian edition of Business Statistics For Contemporary Decision Making authors Ken Black, Tiffany Bayley, and Ignacio Castillo uses current real-world data to equip students with the business analytics techniques and quantitative decision-making skills required to make smart decisions in today's workplace.

Applied Statistics for Business and Management using Microsoft Excel

Author : Linda Herkenhoff
Publisher : Springer Science & Business Media
ISBN 13 : 1461484235
Total Pages : 417 pages
Book Rating : 4.4/5 (614 download)

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Book Synopsis Applied Statistics for Business and Management using Microsoft Excel by : Linda Herkenhoff

Download or read book Applied Statistics for Business and Management using Microsoft Excel written by Linda Herkenhoff and published by Springer Science & Business Media. This book was released on 2013-11-26 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: Applied Business Statistics for Business and Management using Microsoft Excel is the first book to illustrate the capabilities of Microsoft Excel to teach applied statistics effectively. It is a step-by-step exercise-driven guide for students and practitioners who need to master Excel to solve practical statistical problems in industry. If understanding statistics isn’t your strongest suit, you are not especially mathematically-inclined, or if you are wary of computers, this is the right book for you. Excel, a widely available computer program for students and managers, is also an effective teaching and learning tool for quantitative analyses in statistics courses. Its powerful computational ability and graphical functions make learning statistics much easier than in years past. However, Applied Business Statistics for Business and Management capitalizes on these improvements by teaching students and practitioners how to apply Excel to statistical techniques necessary in their courses and workplace. Each chapter explains statistical formulas and directs the reader to use Excel commands to solve specific, easy-to-understand business problems. Practice problems are provided at the end of each chapter with their solutions.

Data Analysis for Business, Economics, and Policy

Author : Gábor Békés
Publisher : Cambridge University Press
ISBN 13 : 1108483011
Total Pages : 741 pages
Book Rating : 4.1/5 (84 download)

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Book Synopsis Data Analysis for Business, Economics, and Policy by : Gábor Békés

Download or read book Data Analysis for Business, Economics, and Policy written by Gábor Békés and published by Cambridge University Press. This book was released on 2021-05-06 with total page 741 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive textbook on data analysis for business, applied economics and public policy that uses case studies with real-world data.

Statistical Thinking

Author : Roger W. Hoerl
Publisher : John Wiley & Sons
ISBN 13 : 1118236858
Total Pages : 544 pages
Book Rating : 4.1/5 (182 download)

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Book Synopsis Statistical Thinking by : Roger W. Hoerl

Download or read book Statistical Thinking written by Roger W. Hoerl and published by John Wiley & Sons. This book was released on 2012-04-09 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Applied Business Statistics 5e

Author : Trevor Wegner
Publisher :
ISBN 13 : 9781485130499
Total Pages : 570 pages
Book Rating : 4.1/5 (34 download)

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Book Synopsis Applied Business Statistics 5e by : Trevor Wegner

Download or read book Applied Business Statistics 5e written by Trevor Wegner and published by . This book was released on 2020 with total page 570 pages. Available in PDF, EPUB and Kindle. Book excerpt: Applied Business Statistics 5e is an introductory and intermediate Statistics text for students of Management. Its business applications-oriented approach aims to teach Management students how statistics (or data analytics) can be used as a valuable decision-support tool in any discipline of management practice.

Business Statistics

Author : J. K. Sharma
Publisher : Pearson Education India
ISBN 13 : 9788177586541
Total Pages : 752 pages
Book Rating : 4.5/5 (865 download)

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Book Synopsis Business Statistics by : J. K. Sharma

Download or read book Business Statistics written by J. K. Sharma and published by Pearson Education India. This book was released on 2012 with total page 752 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this edition, efforts have been made to assist readers in converting data into useful information that can be used by decision-makers in making more thoughtful, information-based decisions.

Statistics for Business

Author : Perumal Mariappan
Publisher : CRC Press
ISBN 13 : 0429811497
Total Pages : 252 pages
Book Rating : 4.4/5 (298 download)

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Book Synopsis Statistics for Business by : Perumal Mariappan

Download or read book Statistics for Business written by Perumal Mariappan and published by CRC Press. This book was released on 2019-05-21 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Statistics for Business is meant as a textbook for students in business, computer science, bioengineering, environmental technology, and mathematics. In recent years, business statistics is used widely for decision making in business endeavours. It emphasizes statistical applications, statistical model building, and determining the manual solution methods. Special Features: This text is prepared based on "self-taught" method. For most of the methods, the required algorithm is clearly explained using flow-charting methodology. More than 200 solved problems provided. More than 175 end-of-chapter exercises with answers are provided. This allows teachers ample flexibility in adopting the textbook to their individual class plans. This textbook is meant to for beginners and advanced learners as a text in Statistics for Business or Applied Statistics for undergraduate and graduate students.

Application and Role of Statistics in Multi-Disciplinary Research

Author : Dr. Sanjay Tiwari, Vinay Kumar, Dr. Ajai Pal Sharma & Dr. Anand Sharma
Publisher : K.K. Publications
ISBN 13 :
Total Pages : 256 pages
Book Rating : 4./5 ( download)

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Book Synopsis Application and Role of Statistics in Multi-Disciplinary Research by : Dr. Sanjay Tiwari, Vinay Kumar, Dr. Ajai Pal Sharma & Dr. Anand Sharma

Download or read book Application and Role of Statistics in Multi-Disciplinary Research written by Dr. Sanjay Tiwari, Vinay Kumar, Dr. Ajai Pal Sharma & Dr. Anand Sharma and published by K.K. Publications. This book was released on 2021-09-09 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Application and Role of Statistics in Multi-Disciplinary Research Advancement in research requires multi-disciplinary orientation for providing sustainable solutions to political, economic, social, psychological or international problems and statistics has emerged as a separate discipline for enriching other disciplines of study. The purpose of bringing this book is to disseminate the dissections and cross dissections of multi-disciplinary philosophy and mission of the Central University of Haryana. The present edited book is a compilation of selected research papers which were presented during a Two Days National Seminar on Application and Role of Statistics in Multi-Disciplinary Research organised in the Central University of Haryana on 23rd-24th Oct. 2013. This volume comprises mainly five sections. Section-1 comprises of papers in the areas of 'Application of Statistics in Embryonic Economic Issues' dealing with issues of crop diversification, stock market volatility due to macro-economic factors and the food products industry. Section-2 includes research articles in 'Role and Application of Statistics in Business Decision Areas' which focus on the issues related to financial inclusion, Islamic finance, risk in e-transaction and retention policy. Section-3 covers the articles in the areas of “Emerging Dimensions of Statistics in Various Sectors” covering the use of statistics in medical science, engineering and designing. Sections-4 is composed of the papers from the areas of 'Statistics in Social Science, Policy Planning and Governance” where papers emphasising on skill inclusion in degree curricula, co-operative banking and statistical challenges in law and politics are included. The last Section-5 covers the research articles from the areas of 'Statistics in Management of Financial Services in which empirical articles on service quality in banks and health insurance aspects are added from perceptual viewpoints. Though the papers have been selected from different disciplines of study, an attempt is made to reflect the cross-disciplinary ideological churning testified by statistical analysis-empirical as well as conceptual. Overall this edited volume is assimilation, dissection and cross dissection of various disciplines using statistical tools and techniques. Hope this edited version will serve the purpose of scholars, researchers and teachers to navigate into a deep sea of multi-disciplinary insights.

Applied Statistics for Business and Economics

Author : Robert M. Leekley
Publisher : CRC Press
ISBN 13 : 1439882819
Total Pages : 498 pages
Book Rating : 4.4/5 (398 download)

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Book Synopsis Applied Statistics for Business and Economics by : Robert M. Leekley

Download or read book Applied Statistics for Business and Economics written by Robert M. Leekley and published by CRC Press. This book was released on 2010-03-16 with total page 498 pages. Available in PDF, EPUB and Kindle. Book excerpt: Designed for a one-semester course, Applied Statistics for Business and Economics offers students in business and the social sciences an effective introduction to some of the most basic and powerful techniques available for understanding their world. Numerous interesting and important examples reflect real-life situations, stimulating students to t

Occupational Outlook Handbook

Author : United States. Bureau of Labor Statistics
Publisher :
ISBN 13 :
Total Pages : 740 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Occupational Outlook Handbook by : United States. Bureau of Labor Statistics

Download or read book Occupational Outlook Handbook written by United States. Bureau of Labor Statistics and published by . This book was released on 1957 with total page 740 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Methods and Applications of Statistics in Business, Finance, and Management Science

Author : Narayanaswamy Balakrishnan
Publisher : John Wiley & Sons
ISBN 13 : 0470405104
Total Pages : 735 pages
Book Rating : 4.4/5 (74 download)

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Book Synopsis Methods and Applications of Statistics in Business, Finance, and Management Science by : Narayanaswamy Balakrishnan

Download or read book Methods and Applications of Statistics in Business, Finance, and Management Science written by Narayanaswamy Balakrishnan and published by John Wiley & Sons. This book was released on 2010-07-13 with total page 735 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inspired by the Encyclopedia of Statistical Sciences, Second Edition, this volume presents the tools and techniques that are essential for carrying out best practices in the modern business world The collection and analysis of quantitative data drives some of the most important conclusions that are drawn in today's business world, such as the preferences of a customer base, the quality of manufactured products, the marketing of products, and the availability of financial resources. As a result, it is essential for individuals working in this environment to have the knowledge and skills to interpret and use statistical techniques in various scenarios. Addressing this need, Methods and Applications of Statistics in Business, Finance, and Management Science serves as a single, one-of-a-kind resource that guides readers through the use of common statistical practices by presenting real-world applications from the fields of business, economics, finance, operations research, and management science. Uniting established literature with the latest research, this volume features classic articles from the acclaimed Encyclopedia of Statistical Sciences, Second Edition along with brand-new contributions written by today's leading academics and practitioners. The result is a compilation that explores classic methodology and new topics, including: Analytical methods for risk management Statistical modeling for online auctions Ranking and selection in mutual funds Uses of Black-Scholes formula in finance Data mining in prediction markets From auditing and marketing to stock market price indices and banking, the presented literature sheds light on the use of quantitative methods in research relating to common financial applications. In addition, the book supplies insight on common uses of statistical techniques such as Bayesian methods, optimization, simulation, forecasting, mathematical modeling, financial time series, and data mining in modern research. Providing a blend of traditional methodology and the latest research, Methods and Applications of Statistics in Business, Finance, and Management Science is an excellent reference for researchers, managers, consultants, and students in the fields of business, management science, operations research, supply chain management, mathematical finance, and economics who must understand statistical literature and carry out quantitative practices to make smart business decisions in their everyday work.

Statistics for Business

Author : Derek Waller
Publisher : Routledge
ISBN 13 : 113636370X
Total Pages : 524 pages
Book Rating : 4.1/5 (363 download)

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Book Synopsis Statistics for Business by : Derek Waller

Download or read book Statistics for Business written by Derek Waller and published by Routledge. This book was released on 2010-05-14 with total page 524 pages. Available in PDF, EPUB and Kindle. Book excerpt: Statistical analysis is essential to business decision-making and management, but the underlying theory of data collection, organization and analysis is one of the most challenging topics for business students and practitioners. This user-friendly text and CD-ROM package will help you to develop strong skills in presenting and interpreting statistical information in a business or management environment. Based entirely on using Microsoft Excel rather than more complicated applications, it includes a clear guide to using Excel with the key functions employed in the book, a glossary of terms and equations, plus a section specifically for those readers who feel rusty in basic maths. Each chapter has worked examples and explanations to illustrate the use of statistics in real life scenarios, with databases for the worked examples, cases and answers on the accompanying CD-ROM.