Publisher's Synopsis
This text introduces students in Chapter 1 to statistical inference as the objective of statistics and bases all remaining chapters on this inference-making theme. The text includes a large selection of real world problems (with solutions) of interest and relevance to business and economics students. This edition features a new chapter on quality control, and improved and expanded chapters on probability, multiple regression, time series and forecasting. The use of computer packages has been integrated throughout the text and the discussions involving univariate data now use the response variable x instead of y.;This book should be of interest to undergraduate student introductory statistics courses in business and economics.