Statistical Thinking in Business

Business students and professionals need the ability to think statistically about how to deal with uncertainty and its effect on decision-making in management and commerce. Traditional statistics texts tend to focus on probability, mathematical detail, and heavy computation, and thus fail to meet the needs of future business managers. Statistical Thinking in Business provides an introductory course in business statistics for those with little mathematical background. This new edition removes the 'workbook' approach to make room for more material with greater emphasis on forecasting and time series. A supporting Web site provides a wealth of supplemental materials.