Business Statistics: For Contemporary Decision Making, 9th Edition

    Black-BStats-9e-Cover

    Business Statistics: For Contemporary Decision Making, 9th Edition

    By Ken Black

    Business Statistics continues the tradition of presenting and explaining the wonders of business statistics through a clear, complete, student-friendly pedagogy. Author Ken Black equips students with the quantitative decision-making skills and analysis techniques needed to make smart decisions based on real-world data.

    The next generation of WileyPLUS for Business Statistics gives instructors the freedom and flexibility to tailor content and easily manage their course to keep students engaged and on track.

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    Linear Design and Organization

    Customizable modules are organized by learning objective and include eTextbook content, Interactive Tutorials, and Solution Walkthrough videos.

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    Adaptive Practice

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    What's Inside

    Applied Skills Video Screengrab

    Engaging videos help increase comprehension.

    Lecture Videos and Applied Skills Videos—about 40 in total—feature author Ken Black as he introduces key concepts to students in a way they can understand.

    Career Center Screengrab

    Career readiness resources prepare students for future professions.

    WileyPLUS users can access great career resources like CareerShift, a leading job search tool.

    FEATURES INCLUDE

    • Ethical Considerations: This feature in each course section integrates the topic of ethics with applications of business statistics.
    • Tree Taxonomy Diagrams: These diagrams illustrate the connection between topics and techniques and the ability to see the big picture of inferential statistics.
    • Section Reorganization Options: This feature allows for both one- and two-semester coverage.
    • Decision Dilemmas: Each course section is introduced with a real-world business vignette that presents a dilemma and related managerial or statistical questions. Solutions to these questions require the use of techniques presented in the section. A Decision Dilemma Solved feature concludes each section, giving students the opportunity to answer and discuss each question presented at the beginning of the section.
    • New Business Cases: Business cases help students apply the techniques and skills presented in the course.
    • Thinking Critically About Statistics in Business Today Exercises: Each course section features one or several of these exercises that give real-life examples of how the statistics presented in the section apply in the business world today.
    • Nine Databases: Databases provide additional opportunities for students to apply the statistics presented in this course.
    • 965 Practice Problems: A treasury of practice problems are available in this course.
    • Video Tutorials: Videos presented by the author, Ken Black, help to illustrate the concepts reviewed.

    Table of Contents

    1. Introduction to Statistics
    2. Charts and Graphs
    3. Descriptive Statistics
    4. Probability
    5. Discrete Distributions
    6. Continuous Distributions
    7. Sampling and Sampling Distributions
    8. Statistical Inference: Estimation for Single Populations
    9. Statistical Inference: Hypothesis Testing for Single Populations
    10. Statistical Inferences About Two Populations
    11. Analysis of Variance and Design of Experiments
    12. Simple Regression Analysis and Correlation
    13. Multiple Regression Analysis
    14. Building Multiple Regression Models
    15. Time-Series Forecasting and Index Numbers
    16. Analysis of Categorical Data
    17.Nonparametric Statistics
    18. Statistical Quality Control
    19. Decision Analysis

    About the Authors

    Ken Black is professor of decision sciences in the School of Business at the University of Houston-Clear Lake (UHCL). Born in Cambridge, Massachusetts, and raised in Missouri, he earned a bachelor’s degree in mathematics from Graceland University, a master’s degree in math education from the University of Texas at El Paso, and a Ph.D. in business administration (management science) and a Ph.D. in educational research from the University of North Texas. Since joining the faculty of UHCL in 1979, Black has taught all levels of statistics courses, forecasting, management science, market research, and production/operations management. In 2005, he was awarded the President’s Distinguished Teaching Award for the university. He has published over 20 journal articles and 20 professional papers, as well as two textbooks: Business Statistics: An Introductory Course and Business Statistics: For Contemporary Decision Making. Black has consulted for many different companies, including Aetna, the city of Houston, NYLCare, AT&T, Johnson Space Center, and Southwest Information Resources.

    Resources

    INSTRUCTOR RESOURCES

    • Instructor’s Manual: Instructor materials aid in the presentation of this course and help to support digital learning.
    • PowerPoint™ Presentations: The PowerPoint™ presentations contain a combination of key concepts that let instructors illustrate important topics with images, figures, and problems from the textbook.
    • Test Bank: Available in a printable, editable format, the Test Bank provides assessment questions that allow instructors to tailor examinations according to multiple learning outcomes.
    • Diploma Computerized Test Bank: This digital collection includes fill-in-the-blank, multiple-choice, true/false, and free-response questions. Instructors can easily choose and incorporate questions to include in student assessments as well as tailor exams according to study objectives and learning outcomes.
    • Respondus Computerized Test Bank: Respondus is a powerful tool for creating and managing exams that can be printed to paper or published directly to Blackboard, ANGEL, Brightspace by D2L, Pearson eCollege, Canvas, Moodle, and other learning management systems (LMS). Exams can be created offline using a familiar Windows environment or moved from one LMS to another.
    • Image Gallery: This digital repository of images can be used to enliven PowerPoint™ slides and enhance the reading assignments in the classroom.
    • Clicker Questions

    STUDENT RESOURCES

    • InsideTrack: This career-coaching program offers free resources to students as they select their careers. They also get an initial counseling session and can pay for additional sessions.
    • CareerShift: A leading online job search tool, CareerShift enables students to conduct their own job search as they keep all their resources and communication in one spot.
    • Ken Black Video Tutorials
    • Practice Quizzes
    • Student Solutions Manual
    • Online Chapter 19: Decision Analysis
    • Student Excel™ Manual
    • Cases in Excel™ and Minitab
    • Databases in Excel™ and Minitab
    • Database Solutions
    • Problem Files in Excel™ and Minitab
    • KaddStat Plugin
    • R Manual
    • Minitab Student Version (for an additional cost)
    Applied Skills Video Screengrab

    Engaging videos help increase comprehension.

    Lecture Videos and Applied Skills Videos—about 40 in total—feature author Ken Black as he introduces key concepts to students in a way they can understand.

    Career Center Screengrab

    Career readiness resources prepare students for future professions.

    WileyPLUS users can access great career resources like CareerShift, a leading job search tool.

    FEATURES INCLUDE

    • Ethical Considerations: This feature in each course section integrates the topic of ethics with applications of business statistics.
    • Tree Taxonomy Diagrams: These diagrams illustrate the connection between topics and techniques and the ability to see the big picture of inferential statistics.
    • Section Reorganization Options: This feature allows for both one- and two-semester coverage.
    • Decision Dilemmas: Each course section is introduced with a real-world business vignette that presents a dilemma and related managerial or statistical questions. Solutions to these questions require the use of techniques presented in the section. A Decision Dilemma Solved feature concludes each section, giving students the opportunity to answer and discuss each question presented at the beginning of the section.
    • New Business Cases: Business cases help students apply the techniques and skills presented in the course.
    • Thinking Critically About Statistics in Business Today Exercises: Each course section features one or several of these exercises that give real-life examples of how the statistics presented in the section apply in the business world today.
    • Nine Databases: Databases provide additional opportunities for students to apply the statistics presented in this course.
    • 965 Practice Problems: A treasury of practice problems are available in this course.
    • Video Tutorials: Videos presented by the author, Ken Black, help to illustrate the concepts reviewed.

    1. Introduction to Statistics
    2. Charts and Graphs
    3. Descriptive Statistics
    4. Probability
    5. Discrete Distributions
    6. Continuous Distributions
    7. Sampling and Sampling Distributions
    8. Statistical Inference: Estimation for Single Populations
    9. Statistical Inference: Hypothesis Testing for Single Populations
    10. Statistical Inferences About Two Populations
    11. Analysis of Variance and Design of Experiments
    12. Simple Regression Analysis and Correlation
    13. Multiple Regression Analysis
    14. Building Multiple Regression Models
    15. Time-Series Forecasting and Index Numbers
    16. Analysis of Categorical Data
    17.Nonparametric Statistics
    18. Statistical Quality Control
    19. Decision Analysis

    Ken Black is professor of decision sciences in the School of Business at the University of Houston-Clear Lake (UHCL). Born in Cambridge, Massachusetts, and raised in Missouri, he earned a bachelor’s degree in mathematics from Graceland University, a master’s degree in math education from the University of Texas at El Paso, and a Ph.D. in business administration (management science) and a Ph.D. in educational research from the University of North Texas. Since joining the faculty of UHCL in 1979, Black has taught all levels of statistics courses, forecasting, management science, market research, and production/operations management. In 2005, he was awarded the President’s Distinguished Teaching Award for the university. He has published over 20 journal articles and 20 professional papers, as well as two textbooks: Business Statistics: An Introductory Course and Business Statistics: For Contemporary Decision Making. Black has consulted for many different companies, including Aetna, the city of Houston, NYLCare, AT&T, Johnson Space Center, and Southwest Information Resources.

    INSTRUCTOR RESOURCES

    • Instructor’s Manual: Instructor materials aid in the presentation of this course and help to support digital learning.
    • PowerPoint™ Presentations: The PowerPoint™ presentations contain a combination of key concepts that let instructors illustrate important topics with images, figures, and problems from the textbook.
    • Test Bank: Available in a printable, editable format, the Test Bank provides assessment questions that allow instructors to tailor examinations according to multiple learning outcomes.
    • Diploma Computerized Test Bank: This digital collection includes fill-in-the-blank, multiple-choice, true/false, and free-response questions. Instructors can easily choose and incorporate questions to include in student assessments as well as tailor exams according to study objectives and learning outcomes.
    • Respondus Computerized Test Bank: Respondus is a powerful tool for creating and managing exams that can be printed to paper or published directly to Blackboard, ANGEL, Brightspace by D2L, Pearson eCollege, Canvas, Moodle, and other learning management systems (LMS). Exams can be created offline using a familiar Windows environment or moved from one LMS to another.
    • Image Gallery: This digital repository of images can be used to enliven PowerPoint™ slides and enhance the reading assignments in the classroom.
    • Clicker Questions

    STUDENT RESOURCES

    • InsideTrack: This career-coaching program offers free resources to students as they select their careers. They also get an initial counseling session and can pay for additional sessions.
    • CareerShift: A leading online job search tool, CareerShift enables students to conduct their own job search as they keep all their resources and communication in one spot.
    • Ken Black Video Tutorials
    • Practice Quizzes
    • Student Solutions Manual
    • Online Chapter 19: Decision Analysis
    • Student Excel™ Manual
    • Cases in Excel™ and Minitab
    • Databases in Excel™ and Minitab
    • Database Solutions
    • Problem Files in Excel™ and Minitab
    • KaddStat Plugin
    • R Manual
    • Minitab Student Version (for an additional cost)

    Learn about implementation, ordering, and pricing options.