Math for the Non-Math Lovers (Collection)

Math for the Non-Math Lovers (Collection)

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Product Details

ISBN-13: 9780133597608
Publisher: Pearson Education
Publication date: 08/22/2013
Sold by: Barnes & Noble
Format: NOOK Book
Pages: 578
File size: 14 MB
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About the Author

<>David M. Levine, a much-honored innovator in statistics education, is Professor Emeritus of Statistics and Computer Information Systems at Baruch College (CUNY). His bestselling books include Statistics for Managers Using Microsoft Excel, Basic Business Statistics, Business Statistics: A First Course, Statistics for Six Sigma Green Belts with Minitab and JMP, Six Sigma for Green Belts and Champions, and Design for Six Sigma for Green Belts and Champions.  

 

David F. Stephan is an independent instructional technologist. As a computer information systems instructor at Baruch College (CUNY), he pioneered the use of computers in classrooms, devised interdisciplinary multimedia tools, and created techniques for teaching computer applications in a business context. The developer of PHStat2, the Pearson Education statistics add-in system for Microsoft Excel, he has coauthored several books with David M. Levine.

 

Robert Follett served as President of Follett Publishing Company and as Chairman of Follett Corporation, a company that has
grown to almost $3 billion in annual sales by providing universities, libraries, schools, and school districts with educational tools and services.

Table of Contents

Even You Can Learn Statistics

 

Acknowledgments. . . . . viii

About the Authors . . . . . ix

Introduction The Even You Can Learn Statistics Owners Manual. . . . xi

Chapter 1 Fundamentals of Statistics . . . . . 1

1.1 The First Three Words of Statistics. . . . . . . 2

1.2 The Fourth and Fifth Words . . . . 4

1.3 The Branches of Statistics . . . . . 5

1.4 Sources of Data . . . . . 6

1.5 Sampling Concepts . . . . 7

1.6 Sample Selection Methods. . . . . 9

Chapter 2 Presenting Data in Charts and Tables. . . . . 19

2.1 Presenting Categorical Variables. . . . . . 19

2.2 Presenting Numerical Variables. . . . .. 26

2.3 Misusing Charts. . . . . 32

Chapter 3 Descriptive Statistics . . . . 43

3.1 Measures of Central Tendency . . . . 43

3.2 Measures of Position. . . . . 47

3.3 Measures of Variation. . . . . . 51

3.4 Shape of Distributions . . . . . 57

Chapter 4 Probability . . . . . . 71

4.1 Events. . . . . . 71

4.2 More Definitions . . . . . . 72

4.3 Some Rules of Probability . . . . . 74

4.4 Assigning Probabilities . . . . 77

Chapter 5 Probability Distributions . . . . 83

5.1 Probability Distributions for Discrete Variables . . .. . 83

5.2 The Binomial and Poisson Probability Distributions. . . . 89

5.3 Continuous Probability Distributions and the Normal Distribution . . . 97

5.4 The Normal Probability Plot. . . . . 105

Chapter 6 Sampling Distributions and Confidence Intervals . . . . 119

6.1 Sampling Distributions. . . . . . . 119

6.2 Sampling Error and Confidence Intervals. . . . . . 123

6.3 Confidence Interval Estimate for the Mean Using the t Distribution (ó Unknown) . . . . . 127

6.4 Confidence Interval Estimation for Categorical Variables. .. . . 131

Chapter 7 Fundamentals of Hypothesis Testing . . . 141

7.1 The Null and Alternative Hypotheses. . . . . . 141

7.2 Hypothesis Testing Issues . . . . . 143

7.3 Decision-Making Risks . . . . . . . 145

7.4 Performing Hypothesis Testing . . . . . 147

7.5 Types of Hypothesis Tests . . . . 148

Chapter 8 Hypothesis Testing: Z and t Tests . . . . 153

8.1 Testing for the Difference Between Two Proportions. . . . . . 153

8.2 Testing for the Difference Between the Means of Two Independent Groups .. . . . . . 160

8.3 The Paired t Test . . . . . 166

Chapter 9 Hypothesis Testing: Chi-Square Tests and the One-Way Analysis of Variance (ANOVA). . . . . .179

9.1 Chi-Square Test for Two-Way Cross-Classification Tables . . . . . 179

9.2 One-Way Analysis of Variance (ANOVA): Testing for the Differences Among the Means of More Than Two Groups . . . . 186

Chapter 10 Simple Linear Regression . . . . . ..207

10.1 Basics of Regression Analysis . . . . . . . 208

10.2 Determining the Simple Linear Regression Equation . . . . . . 209

10.3 Measures of Variation . . . . . . 217

10.4 Regression Assumptions. . . . . . . . . 222

10.5 Residual Analysis. . . . . . .223

10.6 Inferences About the Slope. . . . . 225

10.7 Common Mistakes Using Regression Analysis . . . . . 228

Chapter 11 Multiple Regression . . . . . ..245

11.1 The Multiple Regression Model . . . . . 245

11.2 Coefficient of Multiple Determination. . . . . . 248

11.3 The Overall F test. . . . . . . 249

11.4 Residual Analysis for the Multiple Regression Model . . . . . . 250

11.5 Inferences Concerning the Population Regression Coefficients . . . . 251

Chapter 12 Quality and Six Sigma Applications of Statistics . . . . 265

12.1 Total Quality Management . . . . . 265

12.2 Six Sigma. . . . . . . 267

12.3 Control Charts . . . . . 268

12.4 The p Chart. . . . . . .271

12.5 The Parable of the Red Bead Experiment: Understanding Process Variability . . . . . . . . 276

12.6 Variables Control Charts for the Mean and Range . . . . . 278

Appendix A Calculator and Spreadsheet Operation and Configuration . . . . ..295

A.C1 Calculator Operation Conventions ...... 295

A.C2 Calculator Technical Configuration ...... 297

A.C3 Using the A2MULREG Program ...... 298

A.C4 Using TI Connect ...... 298

A.S1 Spreadsheet Operation Conventions ..... 299

A.S2 Spreadsheet Technical Configurations..... 299

Appendix B Review of Arithmetic and Algebra . . . . .301

Assessment Quiz . . . . . . 301

Symbols. . . . . 304

Answers to Quiz. . . . . . . 310

Appendix C Statistical Tables . . . 311

Appendix D Spreadsheet Tips. . . . . . ..339

CT: Chart Tips . . . . . 339

FT: Function Tips . . . . .341

ATT: Analysis ToolPak Tips (Microsoft Excel only). . . . .343

Appendix E Advanced Techniques. . . . . . 347

E.1 Using PivotTables to Create Two-Way Cross-Classification Tables . . . . 347

E.2 Using the FREQUENCY Function to Create Frequency Distributions. . . . . . . 349

E.3 Calculating Quartiles . . . . . . 350

E.4 Using the LINEST Function to Calculate Regression Results. . . . . 351

Appendix F Documentation for Downloadable Files . . . . 353

F.1 Downloadable Data Files . . . . . . 353

F.2 Downloadable Spreadsheet Solution Files. . . . . . 357

Glossary . . . . ..359

Index . . . . .367

 

 

How To Keep Score in Business

 

Chapter 1 Introduction    1

The First Lesson: Scores Are Not Real Dollars     5

The Accrual Method     6

But Scores Are Important     7

Chapter 2 Glossary of Key Financial Accounting Terms     9

Glossary     10

Chapter 3 The Balance Sheet     31

The Balance Sheet Balances     31

Acme Widget Company     35

Acme Widget’s Year-End Balance Sheet     38

A “Trial Balance”     43

Constructing the Balance Sheet     45

Summary     46

Chapter 4 More Balance Sheet    47

Cost Versus Value     47

Intangible Assets     48

Goodwill     50

Reserves and Allowances     51

The Going Concern Assumption     52

Estimates Are Everywhere     53

Purpose and Perspective     53

Current Versus Noncurrent Balance Sheet Items     55

Working Capital     55

Average Collection Period     58

Inventory Turnover     60

Chapter 5 Still More Balance Sheet    63

The Worksheet for Transactions     65

Trial Balance Worksheet     68

The Balance Sheet     68

Analyzing the Balance Sheet     69

Balance Sheet Summary     71

Chapter 6 The Income Statement    75

The Basic Income Statement     76

Acme Widget’s First-Year Income Statement     80

More on Cost of Sales     83

Nonoperating Income and Expense     86

Acme Widget’s Second-Year Income Statement     87

Reconciliation of Retained Earnings     89

Analyzing Income Statements     90

Complicating Cost of Sales     91

Summary of the Income Statement     94

Chapter 7 Return on Investment (ROI)     99

Return on Equity (ROE)     101

Return on Invested Capital (ROIC)     102

Return on Assets Used (ROAU)     103

Cash-on-Cash Return     105

Payback Method     106

Discounted Cash Flow or Present Value Method     106

Summary     115

Chapter 8 Changes in Financial Position     117

Summary     121

Chapter 9 Cash Flow Budget     123

Summary     129

Chapter 10 Other Analysis Ratios and Tools     131

Profit as a Percentage of Sales     131

Breakeven     132

Current Ratio     135

Acid Test or Quick Ratio     135

Debt-Equity Ratio     135

Earnings Per Share     136

Price-Earnings Ratio     136

Chapter 11 A Summary of What You Have Learned     139

The Balance Sheet     140

The Income Statement     144

Statement of Changes in Financial Position     146

Cash Flow Budget     147

Analyzing Financial Reports     147

Conclusion     151

Appendix A Acme Widget Company 153

Appendix B Present Value Tables 169

 

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