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Modern Business Statistics with Microsoft® Excel®, 7th Edition

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

  • {{checkPublicationMessage('Published', '2020-01-01T00:00:00+0000')}}
Starting At $77.95 See pricing and ISBN options
Modern Business Statistics with Microsoft® Excel® 7th Edition by David R. Anderson/Dennis J. Sweeney/Thomas A. Williams/Jeffrey D. Camm/James J. Cochran/Michael J. Fry/Jeffrey W. Ohlmann

Overview

Introduce statistical techniques within an application setting as Anderson/Sweeney/Williams/Camm/Cochran/Fry/Ohlmann's MODERN BUSINESS STATISTICS WITH MICROSOFT® EXCEL®, 7E offers a balanced, conceptual understanding of statistics with an integrated focus on the latest Microsoft® Excel®. This best-selling, comprehensive solution clearly presents statistical methodology in real application settings as every statistical procedure is followed by step-by-step instructions and screen images showing how to use Excel® to perform the procedure. For software versatility, Excel Online and R are also covered.

980 Business examples and application exercises -- including 160 new to this edition -- demonstrate how statistical results provide insights into business decisions and problems. Quality problems with unwavering accuracy and a signature problem-scenario approach show readers how to apply statistical methods to business. New case problems ensure mastery, while comprehensive online support with MindTap provides full course solutions.

David R. Anderson

David R. Anderson is a leading author and professor emeritus of quantitative analysis in the College of Business Administration at the University of Cincinnati. Dr. Anderson has served as head of the Department of Quantitative Analysis and Operations Management and as associate dean of the College of Business Administration. He was also coordinator of the college’s first executive program. In addition to introductory statistics for business students, Dr. Anderson taught graduate-level courses in regression analysis, multivariate analysis and management science. He also taught statistical courses at the Department of Labor in Washington, D.C. Dr. Anderson has received numerous honors for excellence in teaching and service to student organizations. He is the co-author of ten well-respected textbooks related to decision sciences and he actively consults with businesses in the areas of sampling and statistical methods. Born in Grand Forks, North Dakota, Dr. Anderson earned his B.S., M.S. and Ph.D. degrees from Purdue University.

Dennis J. Sweeney

Dennis J. Sweeney is professor emeritus of quantitative analysis and founder of the Center for Productivity Improvement at the University of Cincinnati. Born in Des Moines, Iowa, he earned a B.S.B.A. degree from Drake University and his M.B.A. and D.B.A. degrees from Indiana University, where he was an NDEA fellow. Dr. Sweeney has worked in the management science group at Procter & Gamble and has been a visiting professor at Duke University. He also served as head of the Department of Quantitative Analysis and served four years as associate dean of the College of Business Administration at the University of Cincinnati. Dr. Sweeney has published more than 30 articles and monographs in the area of management science and statistics. The National Science Foundation, IBM, Procter & Gamble, Federated Department Stores, Kroger and Cincinnati Gas & Electric have funded his research, which has been published in journals such as Management Science, Operations Research, Mathematical Programming and Decision Sciences. Dr. Sweeney has co-authored 10 textbooks in the areas of statistics, management science, linear programming and production and operations management.

Thomas A. Williams

N/A

Jeffrey D. Camm

Jeffrey D. Camm is the Inmar Presidential Chair of Analytics and Senior Associate Dean for Faculty in the School of Business at Wake Forest University. Born in Cincinnati, Ohio, he holds a B.S. from Xavier University (Ohio) and a Ph.D. from Clemson University. Prior to joining the faculty at Wake Forest, Dr. Camm served on the faculty of the University of Cincinnati. He has also been a visiting scholar at Stanford University and a visiting professor of business administration at the Tuck School of Business at Dartmouth College. Dr. Camm has published more than 45 papers in the general area of optimization applied to problems in operations management and marketing. He has published his research in Science, Management Science, Operations Research, The INFORMS Journal on Applied Analytics and other professional journals. Dr. Camm was named the Dornoff Fellow of Teaching Excellence at the University of Cincinnati and he was the recipient of the 2006 INFORMS Prize for the Teaching of Operations Research Practice. A firm believer in practicing what he preaches, he has served as a consultant to numerous companies and government agencies. Dr. Camm served as editor-in-chief of INFORMS Journal on Applied Analytics and is an INFORMS fellow.

James J. Cochran

James J. Cochran is Professor of Applied Statistics, the Mike and Cathy Mouron Research Chair and Associate Dean for Faculty and Research at the University of Alabama. Born in Dayton, Ohio, he earned his B.S., M.S. and M.B.A. degrees from Wright State University and his Ph.D. from the University of Cincinnati. Dr. Cochran has served at The University of Alabama since 2014 and has been a visiting scholar at Stanford University, Universidad de Talca, the University of South Africa and Pole Universitaire Leonard de Vinci. Dr. Cochran has published more than 50 papers in the development and application of operations research and statistical methods. He has published his research in Management Science, The American Statistician, Communications in Statistics-Theory and Methods, Annals of Operations Research, European Journal of Operational Research, Journal of Combinatorial Optimization, INFORMS Journal on Applied Analytics, BMJ Global Health and Statistics and Probability Letters. He was the 2008 recipient of the INFORMS Prize for the Teaching of Operations Research Practice and the 2010 recipient of the Mu Sigma Rho Statistical Education Award. He received the Founders Award in 2014 and the Karl E. Peace Award in 2015 from the American Statistical Association. In 2017 he received the American Statistical Association’s Waller Distinguished Teaching Career Award and in 2018 he received the INFORMS President’s Award. Dr. Cochran is an elected member of the International Statistics Institute, a fellow of the American Statistical Association and a fellow of INFORMS. A strong advocate for effective statistics and operations research education as a means of improving the quality of applications to real problems, Dr. Cochran has organized and chaired teaching workshops throughout the world.

Michael J. Fry

Michael J. Fry is Professor of Operations, Business Analytics and Information Systems, Lindner Research Fellow and Managing Director of the Center for Business Analytics in the Carl H. Lindner College of Business at the University of Cincinnati. Born in Killeen, Texas, he earned a B.S. from Texas A&M University and his M.S.E. and Ph.D. from the University of Michigan. He has been at the University of Cincinnati since 2002, where he was previously department head. He has also been a visiting professor at Cornell University and the University of British Columbia. Dr. Fry has published more than 25 research papers in journals such as Operations Research, M&SOM, Transportation Science, Naval Research Logistics, IISE Transactions, Critical Care Medicine and INFORMS Journal on Applied Analytics. His research interests are in applying quantitative management methods to the areas of supply chain analytics, sports analytics and public-policy operations. He has worked with many organizations for his research, including Dell, Inc., Starbucks Coffee Company, Great American Insurance Group, the Cincinnati Fire Department, the State of Ohio Election Commission, the Cincinnati Bengals and the Cincinnati Zoo and Botanical Garden. Dr. Fry was named a finalist for the Daniel H. Wagner Prize for Excellence in Operations Research Practice, and he has been recognized for both his research and teaching excellence at the University of Cincinnati.

Jeffrey W. Ohlmann

Jeffrey W. Ohlmann is Associate Professor of Business Analytics and Huneke Research Fellow in the Tippie College of Business at the University of Iowa. Born in Valentine, Nebraska, he earned a B.S. from the University of Nebraska and his M.S. and Ph.D. from the University of Michigan. He has been at the University of Iowa since 2003. Dr. Ohlmann’s research on the modeling and solution of decision-making problems has produced more than two dozen research papers in journals such as Operations Research, Mathematics of Operations Research, INFORMS Journal on Computing, Transportation Science, the European Journal of Operational Research and INFORMS Journal on Applied Analytics (formerly Interfaces). He has collaborated with companies such as Transfreight, LeanCor, Cargill, the Hamilton County Board of Elections as well as three National Football League franchises. Because of the relevance of his work to industry, he was bestowed the George B. Dantzig Dissertation Award and was recognized as a finalist for the Daniel H. Wagner Prize for Excellence in Operations Research Practice.
  • NEW COVERAGE INTRODUCES THE LATEST STATISTICAL SOFTWARE TOOLS. This edition's proven step-by-step instructions and screen images demonstrate how to use the latest version of Excel 2019 to implement statistical procedures. Clear instructions in MindTap Reader also guide students in using Excel Online and R for statistical computing and graphics.
  • NEW EXAMPLES AND EXERCISES INCORPORATE THE LATEST REAL DATA. More than 160 new examples and exercises are part of this edition's 980 examples and exercises drawn from the today's most current real data and referenced sources of statistical information. The authors use data from The Wall Street Journal, USA Today, The Financial Times, and Forbes as well as from actual studies and applications to create explanations and exercises that demonstrate the use of statistics in business and economics with interest, relevant problems. All applications now clearly identify the skills each exercise reinforces.
  • NEW AND UPDATED CASE PROBLEMS ENCOURAGE STUDENTS TO APPLY SKILLS. This edition adds four new case problems for a total of 47 relevant, timely cases. An updated case on graphical display appears in Chapter 2, and an updated case on descriptive statistics appears in Chapter 3. A new case on nonparametric procedures is now added to Chapter 18 with a new case on sample survey methods added to Chapter 21. The numerous case problems in this edition enable students to work on more complex problems, analyze larger data sets, and prepare managerial reports based on the results of their analyses.
  • MINDTAP COMPLETE DIGITAL SOLUTION FEATURES EXCEL ONLINE INTEGRATION POWERED BY MICROSOFT®. Ideal for your business statistics course, MindTap takes students from learning basic statistical concepts to actively engaging in critical thinking applications, while learning valuable software skills for future careers. MindTap customizable course solution includes an interactive eBook and auto-graded, algorithmic exercises from the latest edition of the printed text. Students can easily access the latest statistical principles in application settings that enable them to truly master the materials.
  • POWERFUL EXAMPLES AND EXERCISES MAKE CONCEPTS REAL AND MEMORABLE FOR STUDENTS. This acclaimed author team is known for creating exceptional exercises and examples that are strengthened with real data from sources such as the Census Bureau and The Wall Street Journal. Exercises drawn from real events encourage students to learn the statistical methodology and apply real data to problems. Approximately 160 new or updated examples and exercises now add to this edition's more than 980 exercises.
  • PROVEN EXERCISES ENSURE STUDENT UNDERSTANDING: Completely worked-out solutions for specific exercises appear in an appendix at the end of this edition. Students can complete the exercises and immediately check their solutions to evaluate their understanding of the concepts presented in each chapter.
  • "STATISTICS IN PRACTICE" CHAPTER OPENERS IMMEDIATELY EMPHASIZE THE PRACTICAL VALUE OF INFORMATION STUDENTS ARE LEARNING. "Statistics in Practice" chapter openers highlight intriguing scenarios from companies such as Citibank and Procter & Gamble and clearly demonstrate the value of statistics in everyday business situations. These high-interest openers immediately draw students into the chapter information that follows.
  • THIS EDITION PROVIDES BALANCED EMPHASIS ON METHODS AND APPLICATIONS. This experienced author team strikes an appropriate balance in methodology and application. Methods Exercises at the end of each section require students to use formulas and make necessary computations, while practical Application Exercises ask students to apply the chapter material to address real-world problems.
  • TRUSTED TEAM OF EXPERT AUTHORS ENSURE QUALITY, PRACTICALLY FOCUSED PRESENTATION. As respected leaders and active consultants in the fields of business and statistics, this acclaimed team of authors -- Anderson, Sweeney, Williams, Camm, Cochran, Fry, and Ohlmann -- provide an accurate presentation of statistical concepts with every edition. They use their teaching experience to provide a cohesive, student-friendly writing approach. To ensure accuracy, the authors personally triple-check all problems and examples.
1. Data and Statistics.
2. Descriptive Statistics: Tabular and Graphical Displays.
3. Descriptive Statistics: Numerical Measures.
4. Introduction to Probability.
5. Discrete Probability Distributions.
6. Continuous Probability Distributions.
7. Sampling and Sampling Distributions.
8. Interval Estimation.
9. Hypothesis Tests.
10. Statistical Inferences About Means and Proportions with Two Populations.
11. Inferences About Population Variances.
12. Comparing Multiple Proportions, Test of Independence and Goodness of Fit.
13. Experimental Design and Analysis of Variance.
14. Simple Linear Regression.
15. Multiple Regression.
16. Regression Analysis: Model Building.
17. Time Series Analysis and Forecasting.
18. Nonparametric Methods.
19. Statistical Methods for Quality Control.
20. Decision Analysis (online).
21. Sample Survey (online).
Appendix A: References and Bibliography.
Appendix B: Tables.
Appendix C: Summation Notation.
Appendix D: Self-Test Solutions and Answers to Even-Numbered Exercises (online).
Appendix E: Microsoft Excel 2016 and Tools for Statistical Analysis.

  • ISBN-10: 0357131495
  • ISBN-13: 9780357131497
  • RETAIL $243.95
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This Cengage solution can be seamlessly integrated into most Learning Management Systems (Blackboard, Brightspace by D2L, Canvas, Moodle, and more) but does require a different ISBN for access codes. Please work with your Cengage Learning Consultant to ensure the proper course set up and ordering information. For additional information, please visit the LMS Integration site.

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Cengage provides a range of supplements that are updated in coordination with the main title selection. For more information about these supplements, contact your Learning Consultant.

FOR INSTRUCTORS

XLSTAT Education Edition, 2 terms Instant Access for Anderson/Sweeney/Williams/Camm/Cochran/Fry/Ohlmann's Modern Business Statistics with Microsoft® Excel®

ISBN: 9780357131497
This commercially available software Excel add-in is useful not only in this course, but also in your students’ careers after graduation.

FOR STUDENTS

XLSTAT Education Edition, 2 terms Instant Access for Anderson/Sweeney/Williams/Camm/Cochran/Fry/Ohlmann's Modern Business Statistics with Microsoft® Excel®

ISBN: 9780357131497
This commercially available software Excel add-in is useful not only in this course, but also in your students’ careers after graduation.

MindTap for Anderson/Sweeney/Williams/Camm/Cochran/Fry/Ohlmann's for Modern Business Statistics with Microsoft® Excel®, 1 term Instant Access

ISBN: 9780357131503
MindTap for Anderson/Sweeney/Williams/Camm/Cochran/Fry/Ohlmann's Modern Business Statistics with Microsoft Excel, 7th Edition, is a platform that propels students from memorization to mastery. It gives you complete control of your course, so you can provide engaging content, challenge every learner, and build student confidence. MindTap: Powered by You. This best-selling, comprehensive solution clearly develops each statistical technique in an application setting for balanced, conceptual understanding of statistics and integrated focus on Microsoft® Excel®. More than 160 new business examples, new case problems, and application exercises show how statistics provide insights into business decisions and problems. A problem-scenario approach emphasizes how to apply statistical methods to practical business situations. In addition, MindTap helps your students master Excel®, Excel Online, and R. Customize interactive syllabi to emphasize priority topics, then add your own material or notes to the eBook as desired. This outcomes-driven application gives you the tools needed to empower students and boost both understanding and performance.

MindTap for Anderson/Sweeney/Williams/Camm/Cochran/Fry/Ohlmann's for Modern Business Statistics with Microsoft® Excel®, 2 terms Instant Access

ISBN: 9780357131473
MindTap for Anderson/Sweeney/Williams/Camm/Cochran/Fry/Ohlmann's Modern Business Statistics with Microsoft Excel, 7th Edition, is a platform that propels students from memorization to mastery. It gives you complete control of your course, so you can provide engaging content, challenge every learner, and build student confidence. MindTap: Powered by You. Customize interactive syllabi to emphasize priority topics, then add your own material or notes to the eBook as desired. This outcomes-driven application gives you the tools needed to empower students and boost both understanding and performance.