Solutions Manual to Accompany
f f f
Essentials of ModernBusin
f f f
ess Statisticsf
With Microsoft Excel
f f
Second Edition f
David R. Andersonf f
University of Cincinnati f f
Dennis J. Sweeney f f
University of Cincinnati f f
Thomas A. Williams f f
Rochester Institute of Technology
f f f
South-
Western Cincinn f
ati, Ohio f
2f-f1
,Contents
Preface f
Chapter
1. Data and Statistics
f f
2. Descriptive Statistics: Tabular and Graphical Methods
f f f f f
3. Descriptive Statistics: Numerical Methods
f f f
4. Introduction to Probability f f
5. Discrete Probability Distributions
f f
6. Continuous Probability Distributions
f f
7. Sampling and Sampling Distributions
f f f
8. Interval Estimation
f
9. Hypothesis Testing f
10. Comparisons Involving Means f f
11. Comparisons Involving Proportions and A Test of Independence
f f f f f f f
12. Simple Linear Regression
f f
13. Multiple Regression
f
14. Statistical Methods for Quality Control
f f f f
2f-f2
,Preface
ThefpurposefoffEssentialsfoffModernfBusinessfStatisticsfwithfMicrosoftfExcelfisftofprovidefstu
dents,fprimarilyfinftheffieldsfoffbusinessfadministrationfandfeconomics,fwithfafsoundfconceptua
lfintroductionftoftheffieldfoffstatisticsfandfitsfmanyfapplications.fTheftextfisfapplications-
orientedfandfhasfbeenfwrittenfwithfthefneedsfoffthefnonmathematicianfinfmind.
Thefsolutionsfmanualffurnishesfassistancefbyfidentifyingflearningfobjectivesfandfprovidingfde
tailedfsolutionsfforfallfexercisesfinftheftext.
Note:f Thefsolutionsftofthefcasefproblemsfarefincludedfinfafseparatefmanual.
Acknowledgements
WefwouldflikeftofprovidefspecialfrecognitionftofCatherinefJ.fWilliamsfforfherfeffortsfinfpre
paringfthefsolutionsfmanual.
DavidfR.fAndersonf
DennisfJ.fSweeneyfT
homasfA.fWilliams
2f-f3
, Chapter 1 f
Data and Statistics
f f
LearningfObjectives
1. Obtainfanfappreciationfforfthefbreadthfoffstatisticalfapplicationsfinfbusinessfandfeconomics.
2. Understandfthefmeaningfofftheftermsfelements,fvariables,fandfobservationsfasftheyfarefusedfinfsta
tistics.
3. Understandfthatfdatafarefobtainedfusingfonefofftheffollowingfscalesfoffmeasurement:fnominal,for
dinal,finterval,fandfratio.
4. Obtainfanfunderstandingfoffthefdifferencefbetweenfqualitative,fquantitative,fcrossectionalfandftimefse
riesfdata.
5. Learnfaboutfthefsourcesfoffdatafforfstatisticalfanalysisfbothfinternalfandfexternalftoftheffirm.
6. Befawarefoffhowferrorsfcanfarisefinfdata.
7. Knowfthefmeaningfoffdescriptivefstatisticsfandfstatisticalfinference.
8. Befableftofdistinguishfbetweenfafpopulationfandfafsample.
9. Understandfthefrolefafsamplefplaysfinfmakingfstatisticalfinferencesfaboutfthefpopulation.
2f-f4
f f f
Essentials of ModernBusin
f f f
ess Statisticsf
With Microsoft Excel
f f
Second Edition f
David R. Andersonf f
University of Cincinnati f f
Dennis J. Sweeney f f
University of Cincinnati f f
Thomas A. Williams f f
Rochester Institute of Technology
f f f
South-
Western Cincinn f
ati, Ohio f
2f-f1
,Contents
Preface f
Chapter
1. Data and Statistics
f f
2. Descriptive Statistics: Tabular and Graphical Methods
f f f f f
3. Descriptive Statistics: Numerical Methods
f f f
4. Introduction to Probability f f
5. Discrete Probability Distributions
f f
6. Continuous Probability Distributions
f f
7. Sampling and Sampling Distributions
f f f
8. Interval Estimation
f
9. Hypothesis Testing f
10. Comparisons Involving Means f f
11. Comparisons Involving Proportions and A Test of Independence
f f f f f f f
12. Simple Linear Regression
f f
13. Multiple Regression
f
14. Statistical Methods for Quality Control
f f f f
2f-f2
,Preface
ThefpurposefoffEssentialsfoffModernfBusinessfStatisticsfwithfMicrosoftfExcelfisftofprovidefstu
dents,fprimarilyfinftheffieldsfoffbusinessfadministrationfandfeconomics,fwithfafsoundfconceptua
lfintroductionftoftheffieldfoffstatisticsfandfitsfmanyfapplications.fTheftextfisfapplications-
orientedfandfhasfbeenfwrittenfwithfthefneedsfoffthefnonmathematicianfinfmind.
Thefsolutionsfmanualffurnishesfassistancefbyfidentifyingflearningfobjectivesfandfprovidingfde
tailedfsolutionsfforfallfexercisesfinftheftext.
Note:f Thefsolutionsftofthefcasefproblemsfarefincludedfinfafseparatefmanual.
Acknowledgements
WefwouldflikeftofprovidefspecialfrecognitionftofCatherinefJ.fWilliamsfforfherfeffortsfinfpre
paringfthefsolutionsfmanual.
DavidfR.fAndersonf
DennisfJ.fSweeneyfT
homasfA.fWilliams
2f-f3
, Chapter 1 f
Data and Statistics
f f
LearningfObjectives
1. Obtainfanfappreciationfforfthefbreadthfoffstatisticalfapplicationsfinfbusinessfandfeconomics.
2. Understandfthefmeaningfofftheftermsfelements,fvariables,fandfobservationsfasftheyfarefusedfinfsta
tistics.
3. Understandfthatfdatafarefobtainedfusingfonefofftheffollowingfscalesfoffmeasurement:fnominal,for
dinal,finterval,fandfratio.
4. Obtainfanfunderstandingfoffthefdifferencefbetweenfqualitative,fquantitative,fcrossectionalfandftimefse
riesfdata.
5. Learnfaboutfthefsourcesfoffdatafforfstatisticalfanalysisfbothfinternalfandfexternalftoftheffirm.
6. Befawarefoffhowferrorsfcanfarisefinfdata.
7. Knowfthefmeaningfoffdescriptivefstatisticsfandfstatisticalfinference.
8. Befableftofdistinguishfbetweenfafpopulationfandfafsample.
9. Understandfthefrolefafsamplefplaysfinfmakingfstatisticalfinferencesfaboutfthefpopulation.
2f-f4
