Statistics for Business and Economics 13th Edition by James McClave

Statistics for Business and Economics (13th Edition)

Author: James McClave, P. George Benson, Terry Sincich
Binding: Paperback
Paper Quality: Black White Paper
Category: Business / Economics / Statistics
Recommended For: BBA, MBA, Economics, Commerce, and Data Analytics students seeking practical statistical knowledge for decision-making.

Key Points:

• Foundational Concepts: Introduces fundamental statistical concepts including descriptive statistics, probability distributions, and sampling techniques.
• Statistical Methods: Covers inferential statistics such as hypothesis testing, confidence intervals, analysis of variance (ANOVA), and nonparametric methods.
• Regression Analysis: Discusses simple and multiple regression analysis, emphasizing their applications in forecasting, marketing research, and financial analysis.
• Decision Making: Explores decision theory and decision analysis, providing frameworks for making optimal decisions under uncertainty.
• Practical Applications: Provides real-world examples and case studies that demonstrate the application of statistical methods in business, economics, and other disciplines.

Conclusion: Statistics for Business and Economics 13th Edition by James McClave, P. George Benson, and Terry Sincich is an essential resource for students and professionals seeking to develop a solid foundation in statistical analysis. With its practical approach, comprehensive coverage, and emphasis on real-world applications, this textbook prepares readers to effectively analyze data, interpret results, and apply statistical techniques in business and economic contexts.

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Writer                 ✤            James McClave (Author), P. George Benson                                                              Terry Sincich (Author)