Business Statistics: Contemporary Decision Making

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9780470409015: Business Statistics: Contemporary Decision Making

Help your students see the light.

With its myriad of techniques, concepts and formulas, business statistics can be overwhelming for many students. They can have trouble recognizing the importance of studying statistics, and making connections between concepts.

Ken Black's fifth edition of Business Statistics: For Contemporary Decision Making helps students see the big picture of the business statistics course by giving clearer paths to learn and choose the right techniques.

Here's how Ken Black helps students see the big picture:

  • Video Tutorials-In these video clips, Ken Black provides students with extra learning assistance on key difficult topics. Available in WileyPLUS.
  • Tree Taxonomy Diagram-Tree Taxonomy Diagram for Unit 3 further illustrates the connection between topics and helps students pick the correct technique to use to solve problems.
  • New Organization-The Fifth Edition is reorganized into four units, which will help professor teach and students see the connection between topics.

WileyPLUS-WileyPLUS (not included with this edition) provides everything needed to create an environment where students can reach their full potential and experience the exhilaration of academic success. In addition to a complete online text, online homework, and instant feedback, WileyPLUS offers additional Practice Problems that give students the opportunity to apply their knowledge, and Decision Dilemma Interactive Cases that provide real-world decision-making scenarios.
Learn more at www.wiley.co,/college/wileyplus.

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From the Back Cover:

Applying the Power of Statistics to business Strategies.

Every business area relies on an understanding of statistics to succeed. Ken black's business Statistics: contemporary Decision making effectively equips students with the quantitative decision-making skills and analysis techniques needed to make smart decisions based on real-world data. The Sixth Edition helps professors to facilitate a highly successful, mathematically appropriate experience for each business statistics student.

Highlights of the 6th Edition:

· Decision Dilemma-Chapter-opening vignettes and end-of-chapter solutions present relevant business-world scenarios.

· New Organization-Chapters and topics such as regression analysis and correlation have been restructured to reflect the most common teaching order.

· Tree Taxonomy Diagram-Streamlined and reduced in size so students can see the big picture of inferential statistics, faster.

· Excel and Minitab databases, and a new HTAB system-Problems and exercises from a management perspective, similar to PDCA and DMAIC of Six Sigma.

· Video Tutorials-Twelve video sessions that feature the author providing students with extra assistance on key difficult topics.

Online tools to help you apply the power of statistics to real-world business!

WileyPLUS-A powerful online tool (not included with this edition) that provides instructors and students with an integrated suite of teaching and learning resources in one easy-to-use website. In addition to a complete online version of the text, online homework and grade book, and instant feedback, a Link-to-Text feature allows students to access specific portions of their online text for immediate, contextual help as they are working. each Video, Animation, and Minitab and Excel output explanation is marked to remind students of additional online statistical package information. now all end-of-chapter problems and the Student's solutions manual are available in WileyPlus. Visit www.wileyplus.com.

About the Author:

Ken Black is currently professor of decision sciences in the School of Business at the University of Houston-Clear Lake. born in Cambridge, Massachusetts, and raised in Missouri, he earned a bachelor's degree in mathematics from Graceland University, a master's degree in math education from the University of Texas at El Paso, a Ph.D. in business administration in management science, and a Ph.D. in educational research from the University of North Texas.

Since joining the faculty of UHCL in 1979, Professor Black has taught all levels of statistics courses, forecasting, management science, market research, and production/operations management. In 2005, he was awarded the President's Distinguished teaching Award for the university. He has published over 20 journal articles and 20 professional papers, as well as two textbooks: Business Statistics: An Introductory Course and business Statistics for contemporary Decision Making. black has consulted for many different companies, including Aetna, the city of Houston, NYLCare, AT&T, Johnson Space center, Southwest Information Resources, Connect Corporation, and Eagle Engineering.

Ken Black and his wife, Carolyn, have two daughters, Caycee and Wendi, His hobbies include playing the guitar, reading, traveling, and running.

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