Download e-book for iPad: Applied Business Statistics: Methods and Excel-Based by Trevor Wegner

By Trevor Wegner

ISBN-10: 0702177741

ISBN-13: 9780702177743

An introductory statistics textual content for administration scholars who need to know the best way to research facts generated from any quarter of business—be it advertising, finance, human assets, construction, or logistics—this ebook highlights the position of information as a call help device in administration selection making. all through, emphasis is put on the significance of information and information caliber; the diversity of attainable purposes, proven by way of a variety of labored examples; transparent motives of the way every one approach works; and the legitimate administration interpretation of the statistical findings. Assuming just a easy point of mathematical skill, this reference courses scholars via every one statistical technique.

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By Trevor Wegner

ISBN-10: 0702177741

ISBN-13: 9780702177743

An introductory statistics textual content for administration scholars who need to know the best way to research facts generated from any quarter of business—be it advertising, finance, human assets, construction, or logistics—this ebook highlights the position of information as a call help device in administration selection making. all through, emphasis is put on the significance of information and information caliber; the diversity of attainable purposes, proven by way of a variety of labored examples; transparent motives of the way every one approach works; and the legitimate administration interpretation of the statistical findings. Assuming just a easy point of mathematical skill, this reference courses scholars via every one statistical technique.

Show description

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Additional resources for Applied Business Statistics: Methods and Excel-Based Applications

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The cross-tabulation table can also be completed using percentages (row percentages, column percentages or as percentages of the total sample). 3. 3 Stacked bar chart – grocery store preferences by gender The stacked bar chart highlights overall store preference, with gender split by store. Pick n Pay is the most preferred shop (17 shoppers out of 30 prefer Pick n Pay), followed by Checkers (10 out of 30) and only 3 prefer to shop at Spar. In addition, of the 17 shoppers who prefer Pick n Pay, 10 are female and 7 are male; of the 10 shoppers who prefer Checkers, 7 are female and 3 are male; and of the 3 shoppers who prefer Spar, 2 are female and only 1 is male.

Explain. (f) Does the problem scenario require inferential statistics or only descriptive statistics to answer the question? Explain. 9 The marketing director of a company selling security alarms wants to determine the effectiveness of their recent advertising strategy. Over the past six months they had varied both the number of ads placed per week and the advertising media (press, pamphlets, magazines) used each week. Weekly sales volume data was recorded, as well as the number of ads placed per week and the advertising media used each week.

Then select the chart type (Column, Pie or Bar) to display the pivot table graphically. 4 (Clustered Column Bar Chart). Scatter Plots and Line Graphs For numeric data, the scatter plot and the trendline graphs can be generated by highlighting the data range of the numeric variables to be displayed and selecting the Chart option within the Insert tab in the menu bar. 9). The Lorenz curve can be constructed using the Scatter chart type and selecting the option Scatter with Smooth Lines and Markers.

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Applied Business Statistics: Methods and Excel-Based Applications by Trevor Wegner


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