Introduce sound statistical methodology to students with the real-world examples, proven approach, and hands-on exercises in ESSENTIALS OF STATISTICS FOR BUSINESS AND ECONOMICS, 8E. This leading book builds the foundation for to analyze and solve business problems quantitatively. The authors’ signature problem-scenario approach and reader-friendly writing in this streamlined edition focuses on core topics with updated case problems, applications, and self-tests help students master key formulas and apply statistical methods to business scenarios.

MindTap® and CengageNOW™ complete digital solutions help you and your students make the most of the course. Online homework now includes "Post-Submission Feedback" or step-by-step calculations that walk through solutions. Optional chapter appendices deliver in-depth coverage of a popular statistical software program that can be integrated with the text. Choose from Excel® 2016 with add-in XLSTAT or Minitab® 17.

1. Data and Statistics.
2. Descriptive Statistics: Tabular and Graphical Displays.
3. Descriptive Statistics: Numerical Measures.
4. Introduction to Probability.
5. Discrete Probability Distributions.
6. Continuous Probability Distributions.
7. Sampling and Sampling Distributions.
8. Interval Estimation.
9. Hypothesis Tests.
10. Inference about Means and Proportions with Two Populations.
11. Inferences about Population Variances.
12. Comparing Multiple Proportions, Test of Independence and Goodness of Fit.
13. Experimental Design and Analysis of Variance.
14. Simple Linear Regression.
15. Multiple Regression.
Appendix A: References and Bibliography.
Appendix B: Tables.
Appendix C: Summation Notation.
Appendix D: Self-Test Solutions and Answers to Even-Numbered Exercises. (online)
Appendix E: Microsoft Excel 2016 and Tools for Statistical Analysis.
Appendix F: Computing p-Values Using Minitab and Excel.

Expanded Coverage Addresses Hot Topics, Including Data Mining And Big Data. Several New Sections Now Cover The Topic Of Analytics. The Authors Also Place Greater Emphasis On The Distinction Between Observed And Experimental Data In This Edition.Mindtap® Complete Digital Solution Now Features All-New Excel Online Integration. Students Working With Mindtap® Can Now Use Excel, Powered By Microsoft®, For Completing Work In Your Business Statistics Course. These Enhancements Take Students From Learning Basic Statistical Concepts To Actively Engaging In Critical-Thinking Applications, While Mastering Valuable Hands-On Skills For Future Careers.Modern, Comprehensive Software Is Integrated Throughout. Optional Chapter Appendices Are Now Updated And Expanded To Address Both Excel® 2016 And Minitab® 17. This Coverage Gives Your Students Hands-On Experience Working With The Current Versions Of Two Of The Most Commonly Used Software For Statistical Analysis In Business.Helpful Appendices Detail How To Use Tools Within Excela Primer Appendix Introduces Microsoft® Excel® 2016 And Its Tools For Statistical Analysis. Students Learn To How To Use The Ribbon, Basic Workbook Operations, And Functions For Statistical Analysis.Coverage Integrates Important Business Analytics Topics. This Edition Addresses Key Business Material That Is Not Covered In Any Other Single Book, Including Data Mining, Data Visualization, Analytics And Data Dashboards.Step-By-Step Instructions Guide Students Through Using The Latest Software Tools. Students Master The Skills How To Use Various Software To Perform The Analyses Discussed In The Book As They Work With Excel® 2016 And Minitab® 17.Comprehensive, Modern Coverage Addresses The Latest Developments In The Field. Demonstrating The Myriad Uses Of Statistics In Business And Economics, This Edition’S Examples And Exercises Incorporate The Most Current Data, Recent Studies, And Reliable Sources Of Statistical Information Available, Such As The Wall Street Journal, Usa Today, Barron'S, And Others.Unique Problem-Scenario Approach Ensures Student Comprehension. Students Discuss And Develop Their Understanding Of Each Statistical Concept By Applying Techniques To Exercises Designed To Generate A Solution Or Recommendation And Illustrate The Value Of Statistics In Business Decision-Making.Real-World Problems And Applications Keep Students Engaged And Actively Learning. Methods, Applications, And Self-Test Exercises Allow Students To Develop Analytical Skills By Using Formulas, Making Computations, And Applying Chapter Material To Realistic Situations. Students Evaluate Their Understanding Of Key Concepts Against Solutions To Exercises In A Special Appendix.Cengagenow™ Online Course Management System Allows You To Personalize Instruction In Less Time. This Online Tool Helps You Plan Your Course, Manage And Automatically Grade Assignments, Prepare And Teach Lessons, Create Tests, And Provide Personalized Study Plans For Each Student. A Solutions Manual Written By The Text'S Authors And Reviewed By Subject Matter Experts Provides Step-By-Step Solutions For Exercises, Including Detailed Explanations Of The Role Of Cumulative Normal Distribution And P-Values, To Help Make Lecture Preparation Effortless.

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