# Statistics for Managers Using Microsoft Excel, 8/e

David M. Levine, Baruch College, City University of New York

David F. Stephan, Two Bridges Instructional Technology

Kathryn A. Szabat, La Salle University

ISBN-13: 978-0134173054
ISBN-10: 0134173058
Publisher: Pearson Education, Inc.
Format: Paper; 728 pages
Published: 01/31/2016

First Things First
FTF.2 Business Analytics: The Changing Face of Statistics
FTF.3 Getting Started Learning Statistics
FTF.4 Preparing to Use Microsoft Excel for Statistics
1. Defining and Collecting Data
1.1 Defining Variables
1.2 Collecting Data
1.3 Types of Sampling Methods
1.4 Data Preparation
1.5 Types of Survey Errors
CONSIDER THIS: New Media Surveys/Old Sampling Problems
CHAPTER 1 EXCEL GUIDE
2. Organizing and Visualizing Variables
USING STATISTICS: “The Choice is Yours”
2.1 Organizing Categorical Variables
2.2 Organizing Numerical Variables
2.3 Visualizing Categorical Variables
2.4 Visualizing Numerical Variables
2.5 Visualizing Two Numerical Variables
2.6 Organizing and Visualizing a Mix of Variables
2.7 The Challenge in Organizing and Visualizing Variables
CHAPTER 2 EXCEL GUIDE
3. Numerical Descriptive Measures
USING STATISTICS: More Descriptive Choices
3.1 Central Tendency
3.2 Variation and Shape
3.3 Exploring Numerical Data
3.4 Numerical Descriptive Measures for a Population
3.5 The Covariance and the Coefficient of Correlation
3.6 Statistics: Pitfalls and Ethical Issues
CHAPTER 3 EXCEL GUIDE
4. Basic Probability
USING STATISTICS: Possibilities at M&R Electronics World
4.1 Basic Probability Concepts
4.2 Conditional Probability
4.3 Ethical Issues and Probability
4.4 Bayesâ€™ Theorem
CONSIDER THIS: Divine Providence and Spam
4.5 Counting Rules
USING STATISTICS: Possibilities at M&R Electronics

World, Revisited
CHAPTER 4 EXCEL GUIDE
5. Discrete Probability Distributions
USING STATISTICS: Events of Interest at Ricknel Home

Centers
5.1 The Probability Distribution for a Discrete Variable
5.2 Binomial Distribution
5.3 Poisson Distribution
5.4 Covariance of a Probability Distribution and its Application in Finance
5.5 Hypergeometric Distribution
CHAPTER 5 EXCEL GUIDE
6. The Normal Distribution and Other Continuous Distributions
USING STATISTICS: Normal Load Times at MyTVLab
6.1 Continuous Probability Distributions
6.2 The Normal Distribution
6.3 Evaluating Normality
6.4 The Uniform Distribution
6.5 The Exponential Distribution
6.6 The Normal Approximation to the Binomial Distribution
CHAPTER 6 EXCEL GUIDE
7. Sampling Distributions
USING STATISTICS: Sampling Oxford Cereals
7.1 Sampling Distributions
7.2 Sampling Distribution of the Mean
7.3 Sampling Distribution of the Proportion
CHAPTER 7 EXCEL GUIDE
8. Confidence Interval Estimation
USING STATISTICS: Getting Estimates at Ricknel Home

Centers
8.1 Confidence Interval Estimate for the Mean (Known)
8.2 Confidence Interval Estimate for the Mean (Unknown)
8.3 Confidence Interval Estimate for the Proportion
8.4 Determining Sample Size
8.5 Confidence Interval Estimation and Ethical Issues
8.6 Application of Confidence Interval Estimation in Auditing
8.7 Estimation and Sample Size Estimation for Finite Populations
8.8 Bootstrapping
CHAPTER 8 EXCEL GUIDE
9. Fundamentals of Hypothesis Testing: One-Sample Tests
USING STATISTICS: Significant Testing at Oxford Cereals
9.1 Fundamentals of Hypothesis-Testing Methodology
9.2 t Test of Hypothesis for the Mean (Unknown)
9.3 One-Tail Tests
9.4 Z Test of Hypothesis for the Proportion
9.5 Potential Hypothesis-Testing Pitfalls and Ethical Issues
9.6 Power of the Test
CHAPTER 9 EXCEL GUIDE
10. Two-Sample Tests
USING STATISTICS: Differing Means for Selling

Streaming Media Players at Arlingtons?
10.1 Comparing the Means of Two Independent Populations
10.2 Comparing the Means of Two Related Populations
10.3 Comparing the Proportions of Two Independent Populations
10.4 F Test for the Ratio of Two Variances
10.5 Effect Size
USING STATISTICS: Differing Means for Selling…Revisited
CHAPTER 10 EXCEL GUIDE
11. Analysis of Variance
USING STATISTICS: The Means to Find Differences at

Arlingtons
11.1 The Completely Randomized Design: One-Way ANOVA
11.2 The Factorial Design: Two-Way ANOVA
11.3 The Randomized Block Design
11.4 Fixed Effects, Random Effects, and Mixed Effects Models
USING STATISTICS: The Means to Find Differences at

Arlingtons Revisited
CHAPTER 11 EXCEL GUIDE
12. Chi-Square and Nonparametric Tests
USING STATISTICS: Avoiding Guesswork about Resort Guests
12.1 Chi-Square Test for the Difference Between Two Proportions
12.2 Chi-Square Test for Differences Among More Than Two Proportions
12.3 Chi-Square Test of Independence
12.4 Wilcoxon Rank Sum Test: A Nonparametric Method for Two Independent

Populations
12.5 Kruskal-Wallis Rank Test: A Nonparametric Method for the One-Way ANOVA
12.6 McNemar Test for the Difference Between Two Proportions (Related

Samples)
12.7 Chi-Square Test for the Variance or Standard Deviation
USING STATISTICS: Avoiding Guesswork…, Revisited
CHAPTER 12 EXCEL GUIDE
13. Simple Linear Regression
USING STATISTICS: Knowing Customers at Sunflowers Apparel
13.1 Types of Regression Models
13.2 Determining the Simple Linear Regression Equation
13.3 Measures of Variation
13.4 Assumptions of Regression
13.5 Residual Analysis
13.6 Measuring Autocorrelation: The Durbin-Watson Statistic
13.7 Inferences About the Slopeand Correlation Coefficient
13.8 Estimation of Mean Values and Prediction of Individual Values
13.9 Potential Pitfalls in Regression
CHAPTER 13 EXCEL GUIDE
14. Introduction to Multiple Regression

USING STATISTICS: The Multiple Effects of OmniPower Bars

14.1 Developing a Multiple Regression Model
14.2 r2, Adjusted r2, and the Overall F Test
14.3 Residual Analysis for the Multiple Regression Model
14.4 Inferences Concerning the Population Regression Coefficients
14.5 Testing Portions of the Multiple Regression Model
14.6 Using Dummy Variables and Interaction Terms in Regression Models
14.7 Logistic Regression
CHAPTER 14 EXCEL GUIDE
15. Multiple Regression Model Building
USING STATISTICS: Valuing Parsimony at WSTA-TV
15.2 Using Transformations in Regression Models
15.3 Collinearity
15.4 Model Building
15.5 Pitfalls in Multiple Regression and Ethical Issues
CHAPTER 15 EXCEL GUIDE
16. Time-Series Forecasting
USING STATISTICS: Principled Forecasting
16.1 The Importance of Business Forecasting
16.2 Component Factors of Time-Series Models
16.3 Smoothing an Annual Time Series
16.4 Least-Squares Trend Fitting and Forecasting
16.5 Autoregressive Modeling for Trend Fitting and Forecasting
16.6 Choosing an Appropriate Forecasting Model
16.7 Time-Series Forecasting of Seasonal Data
16.8 Index Numbers
CHAPTER 16 EXCEL GUIDE
17. Getting Ready to Analyze Data in the Future
USING STATISTICS: Mounting Future Analyses
17.1 Analyzing Numerical Variables
17.2 Analyzing Categorical Variables
USING STATISTICS: Back to Arlingtons for the Future
17.4 Descriptive Analytics
17.5 Predictive Analytics
18. Statistical Applications in Quality Management (online)
USING STATISTICS: Finding Quality at the Beachcomber
18.1 The Theory of Control Charts
18.2 Control Chart for the Proportion: The p Chart
18.3 The Red Bead Experiment: Understanding Process Variability
18.4 Control Chart for an Area of Opportunity: The c Chart
18.5 Control Charts for the Range and the Mean
18.6 Process Capability
18.7 Total Quality Managementice
18.8 Six Sigma
CHAPTER 18 EXCEL GUIDE
19. Decision Making (online)
USING STATISTICS: Reliable Decision Making
19.1 Payoff Tables and Decision Trees
19.2 Criteria for Decision Making
19.3 Decision Making with Sample Information
19.4 Utility
CHAPTER 19 EXCEL GUIDE 19.27
Appendices
A. Basic Math Concepts and Symbols

B. Important Excel and Minitab Skills and Concepts

B.1 Which Excel Do You Use?
B.2 Basic Operations
B.2 Formulas and Cell References
B.4 Entering a Formula
B.5 Formatting Cell Contents
B.6 Formatting Charts
B.7 Selecting Cell Ranges for Charts
B.8 Deleting the “Extra” Histogram Bar
B.9 Creating Histograms for Discrete Probability

Distributions
C. Online Resources
C.1 About the Online Resources for This Book
C.2 Accessing the Online Resources
C.3 Details Online Resources
C.4 PHStat
D. Configuring Microsoft Excel
D.1 Getting Microsoft Excel Ready for Use
D.2 Checking for the Presence of the Analysis ToolPak

D.3 Configuring Microsoft Windows Excel Security Settings
E. Tables
E.1 Table of Random Numbers
E.2 The Cumulative Standardized Normal Distribution
E.3 Critical Values of t
E.4 Critical Values of
E.5 Critical Values of F
E.6 Lower and Upper Critical Values, T1, of the

Wilcoxon Rank Sum Test
E.7 Critical Values of the Studentized Range, Q
E.8 Critical Values of the Durbin-Watson Statistic, D
E.9 Control Chart Factors
E.10 The Standardized Normal Distribution online
F. Useful Excel Knowledge
F.1 Useful Keyboard Shortcuts
F.2 Verifying Formulas and Worksheets
F.3 New Function Names
F.4 Understanding the Nonstatistical Functions
G. Software FAQs
G.1 PHStat FAQs
G.2 Microsoft Excel FAQs
Self-Test Solutions and Answers to Selected Even-Numbered Problems
Index
COMING SOON: Description of features.