Business Forecasting

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9780135009338: Business Forecasting

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About the Author:

John E. Hanke

Eastern Washington University, Emeritus

 

Dean W. Wichern

Texas A&M University

 

In the first eight editions, the computer was recognized as a powerful tool in forecasting.

The computer is even more important now with the availability of powerful

forecasting software and easy access to data via networking capabilities and the

Internet.

A nationwide research study of all AACSB member institutions conducted by

the authors to determine what faculty do about using computers for teaching forecasting

showed that (1) most forecasting faculty (94.2%) attempt to provide

students with hands-on experience in using the computer, and (2) several statistical

packages and specific personal computer forecasting packages were mentioned in

the survey. The packages mentioned most frequently were Minitab, SAS, and

spreadsheets.

The authors have tried several different approaches to help faculty and students

use the computer for forecasting.This edition features the following:

1. Minitab instructions presented at the end of most chapters.

2. Excel instructions presented at the end of most chapters.

3. Three data collections available on the Internet (Minitab, Excel, other programs).

Each collection contains data from the text examples and problems. Each collection

also contains several new data series.To access the data sets on the Internet go

to the Prentice Hall Web site at www.prenhall.com/hanke

4. Examples of different computer outputs are placed throughout the text.

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