Applied Business Statistics: Methods and Excel-based Applications (6th Edition)

Description:

Transform raw data into strategic insights. Applied Business Statistics (6th Edition) is the premier textbook for South African management students who need to master the role of statistics in business. Trevor Wegner’s latest edition focuses on empowering you to become an active participant in decision-making by using Microsoft Excel to analyze marketing, finance, and operational data.

Why the 6th Edition is a BCom Essential:

• Brand New 2024/2025 Release: This is the latest edition, featuring updated datasets and the most current Excel-based methodologies.

• Non-Technical Approach: Designed for students who may find math intimidating, explaining concepts in a clear, layman-friendly way.

• Excel Integration: Focuses heavily on the practical application of statistics using spreadsheet software—a vital skill for the modern workplace.

• Decision Support: Teaches you not just how to calculate a number, but how to interpret it to solve real management problems.

Key Topics Covered:

• Exploratory Data Analysis: Using summary tables and graphs to find patterns in business data.

• Probability & Sampling: Building the foundation for understanding risk and representative data.

• Hypothesis Testing: Mastering single and two-population tests to validate business assumptions.

• ANOVA & Chi-Square: Comparing means across multiple groups and testing for relationships between variables.

• Regression & Forecasting: Building simple and multiple linear regression models to predict future business trends.

Key Specifications:

• ISBN-13: 9781998963027

• Author: Trevor Wegner

• Publisher: Juta and Company Ltd

• Edition: 6th Edition (Published 2024/2025)

• Format: Physical Softcover