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(Ebook PDF) Business Statistics, 2nd Edition
Authors: Robert A. Donnelly Jr. (Author)
Robert Donnelly’s Business Statistics eliminates the intimidation factor from learning statistics for business. The Second Edition maintains Donnelly’s successful straightforward, conversational approach that explains each concept and why it is important directly to students. Through an abundance of comments that clarify specific topics, a variety of applications, and Your Turn practice throughout each chapter, students see business statistics in action―both in the classroom and in the world around them.
KEY TOPICS: Introduction to Business Statistics; Displaying Descriptive Statistics; Calculating Descriptive Statistics; Introduction to Probabilities; Discrete Probability Distributions; Continuous Probability Distributions; Sampling and Sampling Distributions; Confidence Intervals; Hypothesis Testing with One Population; Hypothesis Testing with Two Population; Analysis of Variance; Chi-Square Tests; One and Two Population Variance Tests; Correlation and Simple Regression; Multiple Regression; Forecasting; Decision Analysis; Nonparametric Statistics
Business Statistics , second edition, is a one- or two-semester textbook written in a conversational tone designed to reduce the level of anxiety that many business students experience when taking a statistics course.
Many of today’s business students are intimidated by their statistics textbook. These students often view their textbook as an obstacle to overcome rather than a tool to help them succeed. To address this issue, I have written Business Statistics in a straightforward, conversational tone that helps to reduce the anxiety many students experience with this course. My experience as both a writer and a teacher has taught me that students learn more effectively when they feel a personal connection with their instructor. Many traditional textbooks tend to “talk down” to students in a manner that many find difficult to understand. I prefer a textbook that “talks to” the students as I do in the classroom providing them a sense that I’m on their side, encouraging them every step of the way.
I strongly believe that students learn most effectively when they solve statistics problems as they learn new concepts rather than later (often right before the next exam). To facilitate this philosophy, I provide the student with a parallel problem that I have labeled “Your Turn,” which allows them to work alongside the example that I am demonstrating in the chapter. I attempt to motivate them to do these exercises with a little levity but it’s not beneath me to downright beg them to give it a try. I show the entire solution at the end of the chapter, so they can quickly check if their answer is correct. I call this my “learn it, do it, check it” cycle, where students learn by reading an example, doing a similar problem on their own, and finally checking their answer to confirm they understand. In effect, the textbook also plays the role of a workbook for the student, keeping them actively engaged in the learning process.
Too often, students skim through an example that is completely solved for them in the text and convince themselves they understand the concept—that is, until they are trying to solve a similar problem in an exam for the first time. My approach encourages students to work through examples and confirm they grasp the concept before moving on to the next topic.
I have inserted many author’s comments in the margins throughout each chapter, that provide useful insights along the way. This feature is analogous to the side comments you would make to your students during a lecture to help them better understand the material.
I have found this to be an effective technique to help keep students focused on material that they may find confusing or overwhelming.
To help students be successful in your course, Business Statistics, second edition, has the following attributes: Is written in a straightforward, conversational tone—to help reduce the anxiety that many business students experience with the topic of statistics. Utilizes a “learn it, do it, check it” cycle—by providing parallel Your Turn problems throughout each chapter, the textbook essentially serves as a workbook allowing students to convince themselves they really understand a concept before moving on to the next topic.
Incorporates author’s comments in the margins—which are analogous to the side comments that an instructor would make during a lecture to help students better understand the material.