Business Statistics 3rd Edition
by Robert A. Donnelly Chapters 1-18 Covered
, Table of Contents
o o
Chaptero1:oAnoIntroductionotooBusinessoStatistics… ......................................................1-1
Chaptero2:oDisplayingoDescriptiveoStatistics… ..............................................................2-1
Chaptero3:oCalculatingoDescriptiveoStatistics…............................................................ 3-1
Chaptero4:oIntroductionotooProbabilities… ................................................................... 4-1
Chaptero5:oDiscreteoProbabilityoDistributions… ............................................................ 5-1
Chaptero6:oContinuousoProbabilityoDistributions… ....................................................... 6-1
Chaptero7:oSamplingoandoSamplingoDistributions… ...................................................... 7-1
Chaptero8:oConfidenceoIntervals… ...............................................................................8-1
Chaptero9:oHypothesisoTestingoforoaoSingleoPopulation… .............................................. 9-1
Chaptero10:oHypothesisoTestsoComparingoTwooPopulations… ...................................... 10-1
Chaptero11:oAnalysisoofoVarianceo(ANOVA)oProcedures… ............................................ 11-1
Chaptero12:oChi-SquareoTests… ................................................................................ 12-1
Chaptero13:oHypothesisoTestsoforotheoPopulationoVariance… ....................................... 13-1
Chaptero14:oCorrelationoandoSimpleoLinearoRegression… ............................................ 14-1
Chaptero15:oMultipleoRegressionoandoModeloBuilding… ............................................... 15-1
Chaptero16:oForecasting ........................................................................................... 16-1
Chaptero17:oDecisionoAnalysis…................................................................................ 17-1
Chaptero18:oNonparametricoStatistics… ..................................................................... 18-1
, CHAPTER 1 o
An Introduction to Business Statistics
o o o o
1.1 Quantitative/Interval.oTheodifferencesobetweenoaverageomonthlyotemperatur
esoareomeaningful,obutothereoisonootrueozeroopoint,oi.e.,oabsenceoofotemperat
ure.
1.2 Quantitative/Ratio.oTheodifferencesobetweenoaverageomonthlyorainfallsoareomeaningfu
l,oandothereoisoaotrueozeroopoint,obecauseothereomayobeoaomonthowithoutoanyorainfalls.
1.3 Qualitative/Ordinal.oYouocanorankoeducationolevel,obutotheodifferencesobetweenodiff
erentoeducationalolevelsocannotobeomeasured.
1.4 Qualitative/Nominal.oTheomaritalostatusoisojustoaolabelowithoutoaomeaningfulodifferen
ce,oororanking.
1.5 Quantitative/Ratio.oTheodifferencesobetweenoagesooforespondentsoareomeaningfuloandothere
isoaotrueozeroopoint:oanoageoofotheorespondentsothatoequalsozeroorepresentsotheoabsenceoofoage.
1.6 Qualitative/Nominal.oTheogendersoareomerelyolabelsowithonoorankingooromeani
ngfulodifference.
1.7 Quantitative/Interval.oTheodifferencesobetweenobirthoyearsoareomeaningful,obutothereoiso
nootrueozeroopointowithocalendaroyears.
1.8 Qualitative/oNominal.oTheopoliticaloaffiliationsoareomerelyolabelsowithonoorankin
gooromeaningfulodifference.
1.9 Qualitative/oNominal.oTheoracesoofotheorespondentsoareomerelyolabelsowithonoorank
ingooromeaningfulodifference.
1.10 Qualitative/oOrdinal.oYouocanorankotheoperformanceorating,obutotheodifferencesobet
weenodifferentoperformanceoratingsocannotobeomeasured.
1.11 Qualitative/oNominal.oTheouniformonumbersoofoeachomemberoofotheoschool’sosportote
amoareolabelsowithonoorankingooromeaningfulodifference.
1.12 Qualitative/ordinal.oTheodifferencesoinotheodataovaluesobetweenoclassorankso
areonotomeaningful.
, 1-2o o Chaptero1
1.13 Quantitative/Ratio.oTheodifferencesobetweenofinaloexamoscoresoforoyourostatisticsoclass
areomeaningful,oandothereoisoaotrueozeroopointobecauseoaostudentowhoodidonototakeotheo
examowouldohaveoaoscoreoofozero.
1.14 Qualitative/Nominal.oTheostateoinowhichotheorespondentsoinoaosurveyoresideoisoaolabel
oandoitoisomeaninglessotootalkoaboutotheoratingoofothisovalue.
1.15 Quantitative/Interval.o TheodifferencesobetweenoSAToscoresoforograduatingohighoschoolo
studentsoareomeaningful,obutothereoisonootrueozeroopointobecauseoaostudentowithoanoSA
Toscoreoequalotoozeroodoesonotoindicateotheoabsenceoofoaoscore.
1.16 Qualitative/Ordinal.oYouocanorankomovieoratings,obutotheodifferencesobet
weenodifferentoratingsocannotobeomeasured.
1.17 Qualitative/ordinal.oTheodifferencesoinotheodataovaluesobetweenoratingsoareonotomeaningful.
1.18 Qualitative/ordinal.oTheodifferencesoinotheodataovaluesobetweenoratingsoareonotomeaningful.
1.19 Cross-sectional
1.20 Timeoseries
1.21 Timeoseries:oMenoweeklyoearningsooverotheofiveoyears.o
Timeoseries:oWomenoweeklyoearningsooverotheofiveoyea
rs.
1.22 Cross-sectionalodata:oMenoandowomenoworkersoweeklyoearningsoforoanyooneoparticularoyear.
1.23 Cross-sectional:oTheonumberoofo8x10,o11x14oando13x19oprintsosoldooveroaoparticularoyear.
1.24 Timeoseries:otheonumberoofo8x10oprintsosoldooverotheofouroyea
rs.oTimeoseries:otheonumberoofo11x14oprintsosoldooverotheofour
oyears.oTimeoseries:otheonumberoofo13x19oprintsosoldooverotheo
fouroyears.
1.25 Descriptiveostatistics,obecauseoitoidentifiesoaosampleomean.
1.26 Inferentialostatistics,obecauseotheostatementsoaboutocomparingotheoaverageocostso
ofoaohoteloroomoinotwoostatesowasobasedoonoresultsofromosamplesotakenofromotwoop
opulations.