Business Statistics

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9780201589900: Business Statistics

This highly accessible text gives students a solid foundation in traditional inferential statistics with the concepts of quality, variability, and process unifying themes. It covers three important features of data-center, distribution shape, and variation-for processes as well as for populations. The book also explores whether a process is statistically stable and show how analysis of an unstable process can easily lead to incorrect, misleading, and costly decisions. It develops control charts and uses them as a statistical tool to track processes. It also covers the techniques for measuring and understanding variation, and details its effects on costs and quality.

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Triola, Mario F., Franklin, LeRoy A.
Published by Pearson (1994)
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Mario F. Triola; LeRoy A. Franklin
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