Practical Business Statistics Sixth Edition by Andrew F.

Practical Business Statistics Sixth Edition by Andrew F.

Practical Business Statistics Sixth Edition by Andrew F. Siegel Published by Elsevier / Academic Press Outline

Why I chose to write this book My background General themes Selected examples Chapter projects and the writing chapter Conclusion and Summary

Outline Why I chose to write this book My background

General themes Selected examples Chapter projects and the writing chapter Conclusion and Summary Why did I Write this Book? For the students! To make statistical methods more accessible to them by using many real data examples Student motivation is everything (almost)

My goal: to make statistics as simple as possible without sacrificing technical correctness Outline

Why I chose to write this book My background General themes Selected examples Chapter projects and the writing chapter Conclusion and Summary My Academic Background

Now at University of Washingtons Foster School of Business and Statistics Department Ph.D. in Statistics from Stanford while studying both theory and data analysis Also: University of Wisconsin and Harvard Worked with John Tukey at Princeton (he created exploratory data analysis) Published extensively in statistics, biotechnology, and finance

My Business Background Shoveling snow as a child Consultant in advertising, portfolios, biotechnology, elections, and manufacturing Serve on a corporate board Maintain a sole proprietorship Helps me understand why business people need probability and statistics! Outline

Why I chose to write this book My background General themes

Selected examples Chapter projects and the writing chapter Conclusion and Summary General Themes Lots of examples! Real business data from finance, accounting, advertising, ... Writing style: how to think about a topic, how

it works, what it implies, how it is useful Traditional methods and new insights Extra material to help the student Chapter summaries, key words, glossary, extensive index, PowerPoint slides, Excel Guide Outline

Why I chose to write this book My background General themes Selected examples Chapter projects and the writing chapter

Conclusion and Summary Histograms and Bar Charts To help students distinguish the histogram from the simple bar chart, for the data here is the example from page 39 of the Histograms Chapter (Chapter 3) which also mentions the advantage of the histogram for larger data sets.

Histogram, Box Plot, and CDF To compare and contrast these three basic exploratory charts, here is the example from page 83 of Chapter 4 on Landmark Summaries. Probability Trees Probability is less mysterious to students

when there is a visual framework, as shown here in the example from page 144 of Chapter 6. PowerPoint Slides for Your Teaching PowerPoint Slides for Your Teaching PowerPoint Slides for Your Teaching

Hypothesis Testing Hypothesis testing is more intuitive when the confidence interval method is used (as shown here from pages 253-254 of Chapter 10). The traditional t-statistic is also presented in detail.

Bivariate Data Examples Relationships and regression are powerful business concepts. Here are a couple of the examples from Chapter 11 on Bivariate Data (pages 295 and 308). Magazine Ads and Multiple Regression The cost of advertising can be explained, in part, by magazine characteristics such as audience

size and income level in this example that is used to illustrate the power of multiple regression in business, from Chapter 12. Excel Guide The Excel Guide goes step-by-step through, chapter by chapter, to show students how Excel can be used to obtain statistical results. Here is the scatterplot example from page 82 of the Excel Guide.

Outline Why I chose to write this book

My background General themes Selected examples Chapter projects and the writing chapter Conclusion and Summary Chapter Projects The project, in most chapters, gives students a chance to apply the lesson to a business area of their own choosing.

Data might come from the Internet or from their own company Helps with motivation Helps with communications skills The Writing Chapter (Chapter 13) Explains how to communicate the results of a multiple regression In business, analysis is not enough.

The ability to communicate is a key skill! The writing process is explained step-by-step with a full example of a sample report The chapter project might be used as the endof-semester assignment Outline

Why I chose to write this book My background General themes Selected examples Chapter projects and the writing chapter

Conclusion and Summary Conclusion and Summary A book that helps and motivates students: Many real business examples with illustrations Clear, direct explanations of how and why Intuition, methods, and foundations Extra resources: Chapter summaries, key words, glossary, extensive index

Questions, problems, database exercises, cases, projects PowerPoint slides, Excel Guide, and Instructors Manual Thank you! Wishing you a successful teaching experience, Practical Business Statistics, Sixth Edition, Andrew F. Siegel (Andy) and Elsevier, Inc.

Recently Viewed Presentations

  • Convergence Lithospherique Et Subduction

    Convergence Lithospherique Et Subduction

    Le flux de chaleur d'origine interne est relativement constant à la surface du globe. On observe cependant au niveau des zones de subduction une double anomalie thermique : • Le flux de chaleur est faible au voisinage des fosses. Ceci...
  • Introduction to Phylum Chordata

    Introduction to Phylum Chordata

    Introduction to the Phylum Chordata Honors Biology Characteristics of the Chordates Notochord, dorsal hollow nerve cord, pharyngeal gill slits, blocks of muscle, postanal tail Invertebrate Chordates Subphylum Vertebrata Vertebrate Classes Agnatha (Cyclostomata) Chondrichthyes Osteicthyes Amphibia Reptilia Aves Mammalia Introduction to...
  • VAT ON REAL ESTATE TRANSACTIONS CA KISHOR R.

    VAT ON REAL ESTATE TRANSACTIONS CA KISHOR R.

    2011-GSTB-Determination Part - II Page No : 239 ` AMNESTY SCHEME FOR BUILDERS/ DEVELOPERS. Vide G.R. No.GST/1014-884/VAT CELL Dt.14/10/2014, an Amnesty Scheme, allowing the benefit of Lumpsum Tax @ 0.60% of Gross Receipts alongwith remission of Interest and Penalty, is...
  • 6.01 SPREADSHEETS - Quia

    6.01 SPREADSHEETS - Quia

    A spreadsheet (or worksheet) is an arrangement of cells in columns and rows used to organize, analyze, calculate, and report information, usually in numerical form. A workbook is a file which contains one or more spreadsheets. Spreadsheets Perform Mathematical Calculations...
  • Water Pollution

    Water Pollution

    State of Water in KS Percent of Rivers, Streams and Creeks in KANSAS assessed by agencies for 1997-98 reporting period: 12% Percent Waterbodies Affected Pathogens 50% Salinity/TDS/Chlorides 47% pH 17% Pesticides 12% Inorganics 9% Type of Pollution Wastewater and water...
  • Mumps Jill Stauffer Field Epidemiologist  District 8 April

    Mumps Jill Stauffer Field Epidemiologist District 8 April

    Anyone who cannot provide an appropriate proof of immunity (which I'm going to discuss on the next slide) is considered susceptible to mumps. Finally, providers should ensure they are up to date on sign/symptoms and the current testing protocols and...
  • LO1 - Know the common components of computer systems

    LO1 - Know the common components of computer systems

    Learners are required to describe key genres, a range of gaming platforms, how player's interest is maintained and the psychological aspects considered in game design. This could be achieved by reviewing different types of games with a different focus, genre...
  • www.udir.no

    www.udir.no

    Fagspesifikkregning. Kildertilundervisningsoppleggene: Basertpåetterutdanningsmateriell:ÅkunneregneiengelskUtarbeidetav:HildeTørnby:HøgskoleniOslo ...