Business Statistics

by OpenStax

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Introductory Business Statistics is designed to meet the scope and sequence requirements of the one-semester statistics course for business, economics, and related majors. Core statistical concepts and skills have been augmented with practical business examples, scenarios, and exercises. The result is a meaningful understanding of the discipline, which will serve students in their business careers and real-world experiences.

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Subjects
Statistics
Licence
CC BY 4.0, as LibreTexts states it
Who can read
Tweens profiles and older, judged from its title and subjects

Contents

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  1. Front Matter
  2. TitlePage
  3. InfoPage
  4. Table of Contents
  5. Licensing
  6. 1: Sampling and Data
  7. 1.1: Introduction
  8. 1.2: Definitions of Statistics, Probability, and Key Terms
  9. 1.3: Data, Sampling, and Variation in Data and Sampling
  10. 1.4: Levels of Measurement
  11. 1.5: Experimental Design and Ethics
  12. 1.6: Chapter Key Terms
  13. 1.7: Chapter References
  14. 1.H: Sampling and Data (Homework)
  15. 1.R: Sampling and Data (Review)
  16. 1.S: Sampling and Data (Solutions)
  17. 2: Descriptive Statistics
  18. 2.1: introduction
  19. 2.2: Display Data
  20. 2.3: Measures of the Location of the Data
  21. 2.4: Measures of the Center of the Data
  22. 2.5: Sigma Notation and Calculating the Arithmetic Mean
  23. 2.6: Geometric Mean
  24. 2.7: Skewness and the Mean, Median, and Mode
  25. 2.8: Measures of the Spread of the Data
  26. 2.9: Homework
  27. 2.10: Chapter Formula Review
  28. 2.11: Chapter Homework
  29. 2.12: Chapter Key Terms
  30. 2.13: Chapter References
  31. 2.14: Chapter Homework Solutions
  32. 2.15: Chapter Practice
  33. 2.R: Descriptive Statistics (Review)
  34. 3: Probability Topics
  35. 3.1: Introduction to Probability
  36. 3.2: Probability Terminology
  37. 3.3: Independent and Mutually Exclusive Events
  38. 3.4: Two Basic Rules of Probability
  39. 3.5: Contingency Tables and Probability Trees
  40. 3.6: Venn Diagrams
  41. 3.7: Chapter Formula Review
  42. 3.8: Chapter Homework
  43. 3.9: Chapter Key Terms
  44. 3.10: Chapter More Practice
  45. 3.11: Chapter Practice
  46. 3.12: Chapter Reference
  47. 3.13: Chapter Review
  48. 3.14: Chapter Solution (Practice + Homework)
  49. 4: Discrete Random Variables
  50. 4.1: Introduction
  51. 4.2: Hypergeometric Distribution
  52. 4.3: Binomial Distribution
  53. 4.4: Geometric Distribution
  54. 4.5: Poisson Distribution
  55. 4.6: Chapter Formula Review
  56. 4.7: Chapter Homework
  57. 4.8: Chapter Key Items
  58. 4.9: Chapter Practice
  59. 4.10: Chapter References
  60. 4.11: Chapter Review
  61. 4.12: Chapter Solution (Practice + Homework)
  62. 5: Continuous Random Variables
  63. 5.1: Prelude to Continuous Random Variables
  64. 5.2: Properties of Continuous Probability Density Functions
  65. 5.3: The Uniform Distribution
  66. 5.4: The Exponential Distribution
  67. 5.5: Chapter Formula Review
  68. 5.6: Chapter Homework
  69. 5.7: Chapter Key Terms
  70. 5.8: Chapter Practice
  71. 5.9: Chapter References
  72. 5.10: Chapter Review
  73. 5.11: Chapter Solution (Practice + Homework)
  74. 6: The Normal Distribution
  75. 6.1: Introduction
  76. 6.2: The Standard Normal Distribution
  77. 6.3: Using the Normal Distribution
  78. 6.4: Estimating the Binomial with the Normal Distribution
  79. 6.5: Chapter Formula Review
  80. 6.6: Chapter Homework
  81. 6.7: Chapter Key Items
  82. 6.8: Chapter Practice
  83. 6.9: Chapter References
  84. 6.10: Chapter Review
  85. 6.11: Chapter Solution (Practice + Homework)
  86. 7: The Central Limit Theorem
  87. 7.1: Introduction to the Central Limit Theorem
  88. 7.2: The Central Limit Theorem for Sample Means
  89. 7.3: Using the Central Limit Theorem
  90. 7.4: The Central Limit Theorem for Proportions
  91. 7.5: Finite Population Correction Factor
  92. 7.6: Chapter Formula Review
  93. 7.7: Chapter Homework
  94. 7.8: Chapter Key Terms
  95. 7.9: Chapter Practice
  96. 7.10: Chapter References
  97. 7.11: Chapter Review
  98. 7.12: Chapter Solution (Practice + Homework)
  99. 8: Confidence Intervals
  100. 8.1: Introduction to Confidence Intervals
  101. 8.2: A Confidence Interval for a Population Standard Deviation Known
  102. 8.3: A Confidence Interval for a Population Standard Deviation Unknown
  103. 8.4: A Confidence Interval for A Population Proportion
  104. 8.5: Calculating the Sample Size n- Continuous and Binary Random Variables
  105. 8.6: Chapter Formula Review
  106. 8.7: Chapter Homework
  107. 8.8: Chapter Key Terms
  108. 8.9: Chapter Practice
  109. 8.10: Chapter References
  110. 8.11: Chapter Review
  111. 9: Hypothesis Testing with One Sample
  112. 9.1: Introduction to Hypothesis Testing
  113. 9.2: Null and Alternative Hypotheses
  114. 9.3: Outcomes and the Type I and Type II Errors
  115. 9.4: Distribution Needed for Hypothesis Testing
  116. 9.5: Full Hypothesis Test Examples
  117. 9.6: Chapter Formula Review
  118. 9.7: Chapter Homework
  119. 9.8: Chapter Key Terms
  120. 9.9: Chapter Practice
  121. 9.10: Chapter References
  122. 9.11: Chapter Review
  123. 9.12: Chapter Solution (Practice + Homework)
  124. 10: Hypothesis Testing with Two Samples
  125. 10.0: Introduction
  126. 10.2: Comparing Two Independent Population Means - Unequal Variances
  127. 10.3: Cohen's Standards for Small, Medium, and Large Effect Sizes
  128. 10.4: Test for Differences in Means- Assuming Equal Population Variances
  129. 10.5: Comparing Two Independent Population Proportions
  130. 10.6: Two Population Means with Known Standard Deviations
  131. 10.7: Matched or Paired Samples
  132. 10.8: Homework
  133. 10.9: Chapter Formula Review
  134. 10.10: Chapter Homework
  135. 10.11: Chapter Key Terms
  136. 10.12: Chapter Practice
  137. 10.13: Chapter References
  138. 10.14: Chapter Review
  139. 10.15: Chapter Solution (Practice + Homework)
  140. 11: The Chi-Square Distribution
  141. 11.1: Prelude to the Chi-Square Distribution
  142. 11.2: Facts About the Chi-Square Distribution
  143. 11.3: Test of a Single Variance
  144. 11.4: Goodness-of-Fit Test
  145. 11.5: Test of Independence
  146. 11.6: Test for Homogeneity
  147. 11.7: Comparison of the Chi-Square Tests
  148. 11.8: Homework
  149. 11.9: Chapter Formula Review
  150. 11.10: Chapter Homework
  151. 11.11: Chapter Key Terms
  152. 11.12: Chapter Practice
  153. 11.13: Chapter References
  154. 11.14: Chapter Review
  155. 11.15: Chapter Solution (Practice + Homework)
  156. 12: F Distribution and One-Way ANOVA
  157. 12.1: Introduction
  158. 12.2: Test of Two Variances
  159. 12.3: One-Way ANOVA
  160. 12.4: The F Distribution and the F-Ratio
  161. 12.5: Facts About the F Distribution
  162. 12.6: Chapter Formula Review
  163. 12.7: Chapter Homework
  164. 12.8: Chapter Key Terms
  165. 12.9: Chapter Practice
  166. 12.10: Chapter Reference
  167. 12.11: Chapter Review
  168. 12.12: Chapter Solution (Practice + Homework)
  169. 13: Linear Regression and Correlation
  170. 13.1: Introduction
  171. 13.2: The Correlation Coefficient r
  172. 13.3: Testing the Significance of the Correlation Coefficient
  173. 13.4: Linear Equations
  174. 13.5: The Regression Equation
  175. 13.6: Interpretation of Regression Coefficients- Elasticity and Logarithmic Transformation
  176. 13.7: Predicting with a Regression Equation
  177. 13.8: Chapter Key Terms
  178. 13.9: Chapter Practice
  179. 13.10: Chapter Review
  180. 13.11: Chapter Solution
  181. 13.12: How to Use Microsoft Excel® for Regression Analysis
  182. 14: Apppendices
  183. 14.1: B | Mathematical Phrases, Symbols, and Formulas
  184. 14.2: A | Statistical Tables
  185. Using Excel Spreadsheets in Statistics
  186. 1 Creating a Frequency Table
  187. 1.10 Using the Excel Spreadsheet provided - Frequency Table You Bin
  188. 1.11 Using Excel Spreadsheet Provided - Frequency Table
  189. 1.11 Using the Excel Spreadsheet Provided
  190. 1.11 Using the Excel Spreadsheet to create a Frequency Table - Frequency Table Tab
  191. 1.11 Using Excel Spreadsheet Provided - Frequency Table
  192. 1.12 Using the Excel Spreadsheet - Frequency Table Only
  193. 1.20 Installing the Data Analysis Tool for Excel
  194. 1.21 Creating a Frequency Table and Histogram in Excel - Using the Data Analysis Toolpak
  195. 1.22 Creating a Bar Chart and Frequency Table in Excel
  196. 2 Descriptive Statistics using Excel
  197. 2.01 Displaying Data - Creating a Bar Chart
  198. 2.02 Create a Scatterplot
  199. 2.04 Using the Excel Spreadsheet provided to generate Descriptive Statistics
  200. 2.05 Using the Data Analysis Tool to generate Descriptive Statistics
  201. 3 Discrete Probability
  202. 3.1 Binomial Distribution using Excel Spreadsheet Provided
  203. 3.2 Binomial Probability using Excel
  204. 3.3 Poisson Distribution using Excel Spreadsheet Provided
  205. 3.4 Poisson Probability using Excel
  206. 3.5 Geometric Probability Distribution using Excel Spreadsheet
  207. 3.6 Geometric Probability using the Excel Sheet provided
  208. 4 Continuous Probability
  209. 4.1 Uniform Probabilities using the Excel Spreadsheet provided and Excel Spreadsheet
  210. 4.2 Exponential Probability using the Excel Spreadsheet provided and Excel only
  211. 4.3 Normal probability using Excel Spreadsheet provided and Excel only
  212. 5 Central Limit Theorem and Confidence Intervals
  213. 5.1 Probability for Means using Excel
  214. 5.2 Probability for Proportions using the Excel Spreadsheet
  215. 5.3 Confidence Intervals Means using Excel spreadsheet provided
  216. 5.4 Confidence Interval for Proportions using Excel Spreadsheet provided
  217. 5.5 Sample Size - Mean - Using the Excel Spreadsheet provided
  218. 5.6 Sample Size - Proportion - Using the Excel Spreadsheet provided
  219. 6 Hypothesis Testing - One Population Mean, Proportion, and Dependent Populations
  220. 6.1 Hypothesis Test - Single Population Mean using Excel Spreadsheet provided
  221. 6.2 Hypothesis Testing - Single Population Mean using Excel
  222. 6.3 Hypothesis Testing - Single Population Proportion using the Excel Spreadsheet provided
  223. 6.4 Hypothesis Testing - Two Dependent Populations - Using the Excel Spreadsheet provided
  224. 7 Hypothesis Testing - Two Population Mean and Proportion
  225. 7.1 Hypothesis Testing - Two Population - Mean using Excel Spreadsheet provided
  226. 7.2 Hypothesis Testing - Two Population - Mean Excel Spreadsheet
  227. 7.3 Hypothesis Testing - Two Population - Proportion Excel Spreadsheet Provided
  228. 8 Hypothesis Testing - ANOVA
  229. 8.1 ANOVA using Excel Spreadsheet provided
  230. 8.2 ANOVA using Excel Spreadsheet
  231. 9 Goodness of Fit, Independent, and Homogeneity Test
  232. 9.1 Goodness of Fit Test - Excel spreadsheet provided
  233. 9.2 Independence and homogeneity test using Excel spreadsheet provided
  234. 10 Correlation and Linear Regression
  235. 10.1 Correlation and Linear Regression using Excel
  236. 10.2 Correlation and Linear Regression using the Excel spreadsheet provided
  237. Back Matter
  238. Index
  239. Glossary
  240. Detailed Licensing