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Practical Business Statistics, by Andrew Siegel
Ebook Free Practical Business Statistics, by Andrew Siegel
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Practical Business Statistics, Sixth Edition, is a conceptual, realistic, and matter-of-fact approach to managerial statistics that carefully maintains-but does not overemphasize-mathematical correctness. The book offers a deep understanding of how to learn from data and how to deal with uncertainty while promoting the use of practical computer applications. This teaches present and future managers how to use and understand statistics without an overdose of technical detail, enabling them to better understand the concepts at hand and to interpret results. The text uses excellent examples with real world data relating to the functional areas within Business such as finance, accounting, and marketing. It is well written and designed to help students gain a solid understanding of fundamental statistical principles without bogging them down with excess mathematical details.
- User-friendly, lively writing style
- Separate writing chapter aids instructors in teaching how to explain quantitative analysis
- Over 200 carefully-drawn charts and graphs show how to visualize data
- Data mining is a theme that appears in many chapters, often featuring a large database (included on the website) of characteristics of 20,000 potential donors to a worthy cause and the amount actually given in response to a mailing
- Many of the examples and problems in the sixth edition have been updated with more recent data sets, and the ever-changing Internet continues to be featured as a data source
- Each chapter begins with an overview, showing why the subject is important to business, and ends with a comprehensive summary, with key words, questions, problems, database exercises, projects, and cases in most chapters
- All details are technically accurate (Professor Siegel has a PhD in Statistics from Stanford University and has given presentations on exploratory data analysis with its creator) while the book concentrates on the understanding and use of statistics by managers
- Features that have worked well for students and instructors in the first five editions have been retained
- Sales Rank: #795715 in eBooks
- Published on: 2011-03-04
- Released on: 2011-03-04
- Format: Kindle eBook
Amazon.com Review
Featured Excerpt from Practical Business Statistics, by Dr. Andrew Siegel
I enjoy writing. I have presented the “inside scoop” wherever possible, explaining how we statisticians really think about a topic, what it implies, and how it is useful. This approach helps bring some sorely needed life to a subject that unfortunately suffers from dreadful public relations. Of course, the traditional explanations are also given here so that you can see it both ways: here is what we say, and here is what it means, all the while maintaining technical rigor. It thrilled me to hear even some of my more quantitative-phobic students tell me that the text is actually enjoyable to read! And this was after the final grades were in!
Read a sample chapter from Practical Business Statistics.
From the Back Cover
Practical Business Statistics, Sixth Edition, is a conceptual, realistic, and matter-of-fact approach to managerial statistics that carefully maintains–but does not overemphasize–mathematical correctness. The book offers a deep understanding of how to learn from data and how to deal with uncertainty while promoting the use of practical computer applications. This teaches present and future managers how to use and understand statistics without an overdose of technical detail, enabling them to better understand the concepts at hand and to interpret results. The text uses excellent examples with real world data relating to the functional areas within Business such as finance, accounting, and marketing. It is well written and designed to help students gain a solid understanding of fundamental statistical principles without bogging them down with excess mathematical details.
Hallmark features: • User-friendly, lively writing style. • Separate writing chapter aids instructors in teaching how to explain quantitative analysis. • Over 200 carefully-drawn charts and graphs show how to visualize data. • Data mining is a theme that appears in many chapters, often featuring a large database (included on the website) of characteristics of 20,000 potential donors to a worthy cause and the amount actually given in response to a mailing. • Many of the examples and problems in the sixth edition have been updated with more recent data sets, and the ever-changing Internet continues to be featured as a data source. • Each chapter begins with an overview, showing why the subject is important to business, and ends with a comprehensive summary, with key words, questions, problems, database exercises, projects, and cases in most chapters. • All details are technically accurate (Professor Siegel has a PhD in Statistics from Stanford University and has given presentations on exploratory data analysis with its creator) while the book concentrates on the understanding and use of statistics by managers. • Features that have worked well for students and instructors in the first five editions have been retained.
About the Author
Andrew F. Siegel holds the Grant I. Butterbaugh Professorship in Quantitative Methods and Finance at the Michael G. Foster School of Business, University of Washington, Seattle, and is also Adjunct Professor in the Department of Statistics. His Ph.D. is in statistics from Stanford University (1977). Before settling in Seattle, he held teaching and/ or research positions at Harvard University, the University of Wisconsin, the RAND Corporation, the Smithsonian Institution, and Princeton University. He has taught statistics at both undergraduate and graduate levels, and earned seven teaching awards in 2015 and 2016. The interest-rate model he developed with Charles Nelson (the Nelson-Siegel Model) is in use at central banks around the world. His work has been translated into Chinese and Russian. His articles have appeared in many publications, including the Journal of the American Statistical Association, the Encyclopedia of Statistical Sciences, the American Statistician, Proceedings of the National Academy of Sciences, Nature, the American Mathematical Monthly, the Journal of the Royal Statistical Society, the Annals of Statistics, the Annals of Probability, the Society for Industrial and Applied Mathematics Journal on Scientific and Statistical Computing, Statistics in Medicine, Biometrika, Biometrics, Statistical Applications in Genetics and Molecular Biology, Mathematical Finance, Contemporary Accounting Research, the Journal of Finance, and the Journal of Applied Probability.
Most helpful customer reviews
17 of 18 people found the following review helpful.
Instead of a "mean" they should call it a "nice"
By A Customer
I had the privelege of taking an MBA level course from Andy Siegel. The style of the text reflects the simply, user-friendly way he communicates in class. Not having taken a stats class before, I was happy to find a professor who could take a dry, complex subject and make it interesting and relatively painless. More professors should use this text!
3 of 3 people found the following review helpful.
Good and gentle introduction to statistics
By Nimrod Hoofien
Prof. Siegel's book is a great introductory text for business graduates with little prior exposure to statistics. The text covers many of the basic topics in statistics and ties them nicely to real world cases and problems.
The book starts with a description of the basic constructs of statistics - data sets, distributions, and variability. IT follows with an introduction to probability and covers random variables. The text continues to cover statistical inference, confidence intervals, and hypothesis testing. Finally the book gets to regression and time series analysis and demonstrates several applications of the techniques covered.
The book comes with a CD that contains lecture presentations (very useful), all the data sets in the books (saves you typing), and an excel add-on called StatPad that provides many useful statistical tools.
Overall I think that this text is a good choice for MBA students and business professionals with little background in statistics. It is very user-friendly and is well grounded in business.
1 of 1 people found the following review helpful.
Simplest Stats Book I've used till date
By G Brahma
I don't have a great extensive experience in reviewing Statistics books, except to say, I usually found all of them confusing (more like me being so). But this book comes across as very well explained and simple to understand.
Would recommend this!
Along with "The Lady Tasting Tea" for a thorough understanding for the history and theory behind stats, wonderfully explained!
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