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Statistics for Business & Economics, Re...

12th Edition

David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran

Publisher: South-Western College Pub

ISBN: 9781285846323

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Chapter

Section

Problem 1SE:

Discuss the differences between statistics as numerical facts and statistics as a discipline or...

Problem 2SE:

The U.S. Department of Energy provides fuel economy information for a variety of motor vehicles. A...

Problem 3SE:

Refer to Table 1.6. a. What is the average miles per gallon for city driving? b. On average, how...

Problem 4SE:

Table 1.7 shows data for seven colleges and universities. The endowment (in billions of dollars) and...

Problem 5SE:

Consider the data set in Table 1.7 a. Compute the average endowment for the sample. b. Compute the...

Problem 6SE:

Foreign Affairs magazine conducted a survey to develop a profile of its subscribers (Foreign Affairs...

Problem 7SE:

The Kroger Company is one of the largest grocery retailers in the United States, with over 2000...

Problem 8SE:

The FinancialTimes/Harris Poll is a monthly online poll of adults from six countries in Europe and...

Problem 9SE:

The Commerce Department reported receiving the following applications for the Malcolm Baldrige...

Problem 10SE:

The Bureau of Transportation Statistics Omnibus Household Survey is conducted annually and serves as...

Problem 11SE:

J.D. Power and Associates conducts vehicle quality surveys to provide automobile manufacturers with...

Problem 12SE:

The Hawaii Visitors Bureau collects data on visitors to Hawaii. The following questions were among...

Problem 13SE:

Figure 1.8 provides a bar chart showing the amount of federal spending for the years 2004 to 2010...

Problem 14SE:

The following data show the number of rental cars in service for three rental car companies: Hertz,...

Problem 15SE:

Every year, the U.S. Coast Guard collects data and compiles statistics on reported recreational...

Problem 17SE:

A manager of a large corporation recommends a 10,000 raise be given to keep a valued subordinate...

Problem 18SE:

A random telephone survey of 1021 adults (aged 18 and older) was conducted by Opinion Research...

Problem 19SE:

A Bloomberg Businessweek North American subscriber study collected data from a sample of 2861...

Problem 20SE:

A survey of 131 investment managers in Barrons Big Money poll revealed the following: 43% of...

Problem 21SE:

A seven-year medical research study reported that women whose mothers took the drug DES during...

Problem 22SE:

The Nielsen Company surveyed consumers in 47 markets from Europe, Asia-Pacific, the Americas, and...

Problem 23SE:

Pew Research Center is a nonpartisan polling organization that provides information about issues,...

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Chapter 1 - Data And StatisticsChapter 2 - Descriptive Statistics: Tabular And Graphical DisplaysChapter 2.1 - Summarizing Data For A Categorical VariableChapter 2.2 - Summarizing Data For A Quantitative VariableChapter 2.3 - Summarizing Data For Two Variables Using TablesChapter 2.4 - Summarizing Data For Two Variables Using Graphical DisplaysChapter 3 - Descriptive Statistics: Numerical MeasuresChapter 3.1 - Measures Of LocationChapter 3.2 - Measures Of VariabilityChapter 3.3 - Measures Of Distribution Shape, Relative Location, And Detecting Outliers

Chapter 3.4 - Five-number Summaries And Box PlotsChapter 3.5 - Measures Of Association Between Two VariablesChapter 4 - Introduction To ProbabilityChapter 4.1 - Experiments, Counting Rules, And Assigning ProbabilitiesChapter 4.2 - Events And Their ProbabilitiesChapter 4.3 - Some Basic Relationships Of ProbabilityChapter 4.4 - Conditional ProbabilityChapter 4.5 - Bayes’ TheoremChapter 5 - Discrete Probability DistributionsChapter 5.1 - Random VariablesChapter 5.2 - Developing Discrete Probability DistributionsChapter 5.3 - Expected Value And VarianceChapter 5.4 - Bivariate Distributions, Covariance, And Financial PortfoliosChapter 5.5 - Binomial Probability DistributionChapter 5.6 - Poisson Probability DistributionChapter 5.7 - Hypergeometric Probability DistributionChapter 6 - Continuous Probability DistributionsChapter 6.1 - Uniform Probability DistributionChapter 6.2 - Normal Probability DistributionChapter 6.3 - Normal Approximation Of Binomial ProbabilitiesChapter 6.4 - Exponential Probability DistributionChapter 7 - Sampling And Sampling DistributionsChapter 7.2 - Selecting A SampleChapter 7.3 - Point EstimationChapter 7.5 - Sampling Distribution Of X BarChapter 7.6 - Sampling Distribution Of P BarChapter 8 - Interval EstimationChapter 8.1 - Population Mean: S KnownChapter 8.2 - Population Mean: S UnknownChapter 8.3 - Determining The Sample SizeChapter 8.4 - Population ProportionChapter 9 - Hypothesis TestsChapter 9.1 - Developing Null And Alternative HypothesesChapter 9.2 - Type I And Type Ii ErrorsChapter 9.3 - Population Mean: S KnownChapter 9.4 - Population Mean: S UnknownChapter 9.5 - Population ProportionChapter 9.7 - Calculating The Probability Of Type Ii ErrorsChapter 9.8 - Determining The Sample Size For A Hypothesis Test About A Population MeanChapter 10 - Inference About Means And Proportions With Two PopulationsChapter 10.1 - Inferences About The Difference Between Two Population Means:s1 And S2 KnownChapter 10.2 - Inferences About The Difference Between Two Population Means: S1 And S2 UnknownChapter 10.3 - Inferences About The Difference Between Two Population Means: Matched SamplesChapter 10.4 - Inferences About The Difference Between Two Population ProportionsChapter 11 - Inferences About Population VariancesChapter 11.1 - Inferences About A Population VarianceChapter 11.2 - Inferences About Two Population VariancesChapter 12 - Comparing Multiple Proportions, Test Of Independence And Goodness Of FitChapter 12.1 - Testing The Equality Of Population Proportions For Three Or More PopulationsChapter 12.2 - Test Of IndependenceChapter 12.3 - Goodness Of Fit TestChapter 13 - Experimental Design And Analysis Of VarianceChapter 13.2 - Analysis Of Variance And The Completely Randomized DesignChapter 13.3 - Multiple Comparison ProceduresChapter 13.4 - Randomized Block DesignChapter 13.5 - Factorial ExperimentChapter 14 - Simple Linear RegressionChapter 14.2 - Least Squares MethodChapter 14.3 - Coefficient Of DeterminationChapter 14.5 - Testing For SignificanceChapter 14.6 - Using The Estimated Regression Equation For Estimation And PredictionChapter 14.7 - Computer SolutionChapter 14.8 - Residual Analysis: Validating Model AssumptionsChapter 14.9 - Residual Analysis: Outliers And Influential ObservationsChapter 15 - Multiple RegressionChapter 15.2 - Least Squares MethodChapter 15.3 - Multiple Coefficient Of DeterminationChapter 15.5 - Testing For SignificanceChapter 15.6 - Using The Estimated Regression Equation For Estimation And PredictionChapter 15.7 - Categorical Independent VariablesChapter 15.8 - Residual AnalysisChapter 15.9 - Logistic RegressionChapter 16 - Regression Analysis: Model BuildingChapter 16.1 - General Linear ModelChapter 16.2 - Determining When To Add Or Delete VariablesChapter 16.4 - Variable Selection ProceduresChapter 16.5 - Multiple Regression Approach To Experimental DesignChapter 16.6 - Autocorrelation And The Durbin-watson TestChapter 17 - Time Series Analysis And ForecastingChapter 17.2 - Forecast AccuracyChapter 17.3 - Moving Averages And Exponential SmoothingChapter 17.4 - Trend ProjectionChapter 17.5 - Seasonality And TrendChapter 17.6 - Time Series DecompositionChapter 18 - Nonparametric MethodsChapter 18.1 - Sign TestChapter 18.2 - Wilcoxon Signed-rank TestChapter 18.3 - Mann-whitney-wilcoxon TestChapter 18.4 - Kruskal-wallis TestChapter 18.5 - Rank CorrelationChapter 19 - Statistical Methods For Quality ControlChapter 19.2 - Statistical Process ControlChapter 19.3 - Acceptance SamplingChapter 20 - Index NumbersChapter 20.2 - Aggregate Price IndexesChapter 20.3 - Computing An Aggregate Price Index From Price RelativesChapter 20.5 - Deflating A Series By Price IndexesChapter 20.7 - Quantity IndexesChapter 21 - Decision Analysis (on Website)Chapter 21.2 - Decision Making With ProbabilitiesChapter 21.3 - Decision Analysis With Sample InformationChapter 21.4 - Computing Branch Probabilities Using Bayes’ TheoremChapter 22 - Sample Survey (on Website)Chapter 22.4 - Simple Random SamplingChapter 22.5 - Stratified Simple Random SamplingChapter 22.6 - Cluster Sampling

STATISTICS FOR BUSINESS AND ECONOMICS Revised 12e brings together more than twenty-five years of author experience, sound statistical methodology, a proven problem-scenario approach, and meaningful applications to demonstrate how statistical information informs decisions in the business world. Discover how the most trusted approach to statistics today is Simply Powerful with the latest market-leading text from respected authors Anderson/Sweeney/Williams/Camm/Cochran. STATISTICS FOR BUSINESS AND ECONOMICS Revised 12e introduces sound statistical methodology within a strong applications setting. The authors clearly demonstrate how statistical results provide insights into business decisions and present solutions to contemporary business problems. New cases and more than 350 real business examples and memorable exercises, 150 of which are new in this edition, present the latest statistical data and business information. With this book's comprehensive coverage and unwavering accuracy, you select the topics best for your course, including thorough coverage of the latest versions of MiniTab 16 and Excel 2013, along with StatTools and other leading Excel 2013 statistical add-ins within chapter appendices. Author-written support materials and CengageNOW online course management system provides time-saving, complete support to ensure student understanding.

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Discuss the differences between statistics as numerical facts and statistics as a discipline or...Approximately 1.5 million high school students take the SAT each year and nearly 80% of the college...The average number of times Americans dine out in a week fell from 4.0 in 2008 to 3.8 in 2012...The Wall Street Journal/Harris Personal Finance poll asked 2082 adults if they owned a home (All...The Barrons Big Money Poll asked 131 investment managers across the United States about their...A business executive, transferred from Chicago to Atlanta, needs to sell her house inChicago...U.S. News World Report publishes comprehensive information on Americas best colleges (Americas Best...A sample survey of 54 discount brokers showed that the mean price charged for a trade of 100 shares...A production line operates with a mean filling weight of 16 ounces per container. Overfilling or...

Safegate Foods, Inc., is redesigning the checkout lanes in its supermarkets throughout the country...Because of staffing decisions, managers of the Gibson-Marimont Hotel are interested in the...In a quality control test of parts manufactured at Dabco Corporation, an engineer sampled parts...In a completely randomized experimental design, three brands of paper towels were tested for their...Does a high value of r2 imply that two variables are causally related? Explain.The admissions officer for Clearwater College developed the following estimated regression equation...A sample containing years to maturity and yield (%) for 40 corporate bonds is contained in the data...The weekly demand (in cases) for a particular brand of automatic dishwasher detergent for a chain of...A survey asked the following question: Do you favor or oppose providing tax-funded vouchers or tax...Samples of size 5 provided the following 20 sample means for a production process that is believed...Many factors influence the retail price of computers. The table below shows the average retail price...An investor wants to select one of seven mutual funds for the coming year. Data showing the...To assess consumer acceptance of a new series of ads for Miller Lite Beer. Louis Harris conducted a...

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