Schaum's Outline of Business Statistics, Fourth Edition

I used this book as a supplement in my statistical analysis course. I would have a basic review and do practice problems from the book in addition to my assignments. I made a perfect 100 in my course at a top tier business school.

This is an excellent workbook of beginning to intermediate business statistics that needs some refinement to be great. You do not need to know calculus (although it would help) to understand all the concepts in this book. I highly recommend this book as a statistics workbook for other statistics book such as "Statistics for People who Hate Statistics". This book does not cover advanced statistics that require strong knowledge of calculus.Statistics is the principal language in business mathematics. Whenever there is a need to crunch a lot of data, statistics becomes central to the analysis of the data to make meaningful conclusions, decisions, and predictions. Because of exponential growth of data and data crunching capabilities brought on by the Information Technology revolution, the utility of statistics in the business world is greater than ever. If your organization utilizes data mining and analytics and Six Sigma, for example, your understanding of your business and your ability to make good strategic and tactical decisions will be greatly enhanced with the knowledge of statistics outlined in this book. Simply put, statistics is a powerful tool (not only for business).The book covers the following concepts:1)Analyzing Business Data2)Graphs3)Descriptive Measures4)Dispersion5)Probability6)Binomial, Normal, hypergeometric, and poission distribution7)Sampling and confidence intervals8)Hypotheses and testing them.9)Chi Square10)ANOVA11)Regression and correlation12)Business forecasting13)Decision analysis14)Statistical Process Control.My main problem with this book is its usability. There are many typos. For example, on page 127, one of the equation states "(30)(0.20)=60" when the answer clearly should have been "6.0". In addition, many questions are unnecessarily cumbersome adding to the frustration of learning statistics. For example, in the Chapter 10 "Testing Hypothesis", question 10.11 refers to q 10.10 which refers to q 10.9 which refers to q 10.3 which refers to q 10.2 which finally refers to q 10.1. Trying to solve some of the problems on that chapter left me upset with the unnecessarily complex web of question referrals.Overall, this is a very useful workbook on Business Statistics with decent explanations and good work problems.

It's like a cliff notes version of what you need to know. But it's not as good as a text book

I wouldn’t of purchased this book otherwise. Did not find the text to be very helpful. Hardly ever referred to it. Great price though!

It is a great reference book that provides lots of problems to practice. It does what you would expect from any schaum book.

This book was recommended for taking the Certified Quality Engineer Exam. I does provide lots of problems on statistical inference with teaching guidance on the material. You'll need that exposure if you want to survive that test. Also includes ANOVA and some SPC towards the end.

It is exactly what is described.

Good read if you like analysys

Not a fan. Paper inside the book was thinner than tracing paper.

Good reference for study at University

Acheté initialement pour remonter mon niveau en maths pour faire du 6 Sigma, c'est également très efficace si vous voulait faire du Big Data.Je le trouve beaucoup plus efficace que des livres français probas/statistiques plus volumineux.Plus qu'excellent rapport qualité prix.

Livre en excellent état.