About this book

"Sharpe/De Veaux/Velleman/Wright, Business Statistics narrows the gap between theory and practice by presenting relevant statistical methods that empower students to make effective, data-informed decisions. The 'Plan, Do, Report' rubric provides a structure that mimics the correct application of statistics when it comes to solving real-life business problems, and emphasizes thinking, communication, and methodology in the problem solving process. Business Statistics helps students to answer a key question in today's data-centric business environment: 'How do I make better business decisions?' Students find business statistics to be a challenging course. In addition to difficulties understanding the terms, concepts and the basic mathematical underpinning of the course, many students arrive with an aversion to Statistics. Reducing the mathematical emphasis (by relying of software to do this); and providing a clear and structured framework for understanding the concepts, with real business examples and ample real-word practice opportunities have been shown to contribute to student success. Sharpe/De Veaux/Velleman/Wright, Business Statistics 4CE (SDVW 4Ce) will therefore continue to build on these key core characteristics of the program to enhance learning by doing the following: • placing an emphasis on making good business decision (vs. mathematical computation) • providing well written and clearly presented content • providing ample current, real world examples • providing extensive practice opportunities • providing effective and comprehensive digital support"--