Statistics for Management and Economics, Abbreviated

I found the book remarkably clear and instructive. It was the textbook for an MBA statistics course. Fortunately the book was much better than the teacher, so that by primarily ignoring the confused musings of the professor, and reading and working the exercises in the book, I was able to get an A in the class, and, more importantly, understand statistical principles and applications. I worked with the 6th edition. I now use the book as a reference for my work activities as well.

This book became my statistics bible. After never attending any statistics classes at the University, I was suddenly forced to work with multiple regressions at work. This book helped me understand all about statistics that I needed for my business purposes. The examples are very helpfull to understand what the tests actually do and how you can solve your own inference problems. I read the whole book in about 10 days (2 hours a day) at the beach and now work mainly with the overviews in the last chapters when I have a problem to solve at work.

This book covers a wide area of fields necessary for business and economic students. It also explains how to go on if necessary conditions are violated. Time-series analysis, which is very important for economic students, are not covered to the extent as other topics, but it nevertheless gives a good introduction of other statistical concepts necessary for understanding following books on time series analysis. For my opion there are a little bit to much exercises than necessary, for an autodidactic study but enough for class room work. A very fine feature is that there never come up terminologies which has not been discussed before and one can use MS-Excel.

It's realy usefull for to problem solving. It helps to learn easly to solve the problems with Excel.