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# Business Statistics in Practice Contents CHAPTER 1 An Introduction to Business Statistics Populations and Samples Sampling a Population of Existing Units

Sampling a Process Ratio, Interval, Ordinal, and Nominative Scales of Measurement 20 Getting Started with MINTAB Getting Started with Excel Getting Started with Mega STAT Introduction to Internet Exercises CHAPTER 2 Describing the Shape of a Distribution Describing Central Tendency Measurement of Variation Percentiles, Quartiles, and Box-and Whiskers Displays Describing Qualitative Data Using Scatter Plots to Study Relationship between Variables Misleading Graphs and Charts Weighted Means and Grouped Data The Geometric Mean Descriptive Statistic Using MINTAB Descriptive Statistic Using Excel Descriptive Statistic Using Mega Stat CHAPTER 3 PROBABILITY The Concept OF Probability Sample Spaces and Events Same Elementary Probability and Independence CHAPTER 4 Discrete Random Variables Two types of Random Variables Discrete Probability Distributions The Binomial Distribution The Poisson distribution Binomial and Poisson Probabilities Using MINITAB Binomial and Poisson Probabilities Using Excel Binomial and Poisson Probabilities Using MegaStat CHAPTER 5 Continuous Random Variables Continuous Probability Distributions The uniform Distribution The Normal Probability Distribution The Approximating the Binomial Distribution By Using the Normal Distribution The Exponential Distribution The Cumulative Normal Tables Normal Distribution Using MINTAB

Normal Distribution Using Excel Normal Distribution Using Mega STAT CHAPTER 6 Sampling Distribution The Sampling Distribution of a sample mean The Sampling Distribution of the sampling Promotion Simulating Sampling Distribution Using MINTAB CHAPTER 7 Confidence Intervals Large Sampling Confidence Intervals for a Population Mean Small Sampling Confidences Intervals for a Population Mean Sample size Determination Confidence Interval for a Population Proportion Confidence Intervals for Parameters of Finite Populations An Introduction to Survey Sampling A Comparison of Confidence Intervals and Tolerance Intervals Confidence Intervals Using MINTAB Confidence Intervals Using Excel Confidence Intervals Using MagaSTAT CHAPTER 8 Hypothesis Testing The null and Alternative Hypothesis and Errors in Hypothesis Testing Large Sample Test about a Population Mean: One-Sided Alternatives Large Sample tests about a population mean: Two-Sided Alternatives Small sample tests about a population mean Tests about a population proportion Type 11 Error probabilities and sample size determination The chi-square distribution Statistical inference for population variance One-sample hypothesis testing using MINITAB One-sample hypothesis testing using excel One-sample hypothesis testing using MegaStat CHAPTER 9 Statistical Inference Based on Two Samples Comparing two population means by using large, independent samples Comparing two population means by using small, independent samples Comparing two population variances by using independent samples Paired difference experiments Comparing two population proportions by using large, independent samples Two-sample hypothesis testing using MINTAB Two-sample hypothesis testing excel Two-sample hypothesis testing using MegaStat CHAPTER 10 Experimental Design and Analysis of Variance Basic concepts of experimental design One-way analysis of variance The randomized block design Two-way analysis of variance

Experimental design and analysis of variance using MINITAB Experimental design and analysis of variance using excel Experimental design and analysis of variance using megaStat CHAPTER 11 Simple Linear Regression Analysis The simple linear regression model The least squares estimates, and point estimation and prediction Model assumptions and the standard error Testing the significance of the slope and y intercept Confidence and prediction intervals Simple coefficient of determination and correlation An F test for the model Residual analysis Some shortcut formulas Simple linear regression analysis using MINITAB Simple linear regression analysis using excel Simple linear regression analysis using megaStat CHAPTER 12 Multiple Regression and Model Building Basic Multiple Regression The linear regression The linear Regression Model The least squares estimates, and point estimation and prediction The mean square error and the standard error Model utility:R, adjusted R, and the overall F test Testing the significance of an independent variable Confidence and prediction intervals Using squared and interaction terms The quadratic regression model Interaction Dummy variables and advanced statistical inferences Using dummy variables to model qualitative independent variables The partial F test: testing the significance of a portion of a regression model Model building and model diagnostics Model building and the effects of multicollinearity Residual analysis in multiple regression Diagnostics for detecting outlying and influential observations Multiple linear regression analysis using MINITAB Multiple linear regression analysis using excel Multiple linear regression analysis using megastat CHAPTER 13 Time Series Forecasting Time series components and models Time series regression: basic models Time series regression: more advanced models Multiplicative decomposition Exponential smoothing Forecast error comparisons Index number Time series analysis using MINITAB Time series analysis using excel

Time series analysis using megastat CHAPTER 14 Process Improvement Using Control Charts Quality: its meaning and a historical perspective Statistical process control and causes of process variation Sampling a process, rational subgrouping, and control charts Pattern analysis Comparison of a process with specifications: capability studies Charts fro fraction nonconforming Cause and effect and defect concentration diagrams Control charts using MINITAB Control charts using excel Control charts using megastat CHAPTER 15 Nonparametric Methods The sign tests: a hypothesis test about the median The wilcoxon rank sum test The wilcoxon signed ranks test Comparing several populations using the Kruskal-Wallis H test Spearmans rank correlation coefficient Nonparametric methods using MINTAB Nonparametric methods using Megastat CHAPTER 16 Chi-square tests Chi-square goodness of fit tests A chi-square tests for independence Chi-square tests using MINITAB Chi-square tests using excel Chi-square tests using megastat CHAPTER 17 Decision Theory Bayes theorem Introduction to decision theory Decision making using posterior probabilities Introduction to utility theory