Applied Statistics in Business a Economics 2e provides a comprehensive introduction to Statistics concepts and applications in business and economics. The text and Student CD provide state of the art integration of technology in order to focus on the important practical concepts and applications as opposed to mechanics.^1 EXAMPLE Firms are increasingly wary of Type II error (failing to recall a product as soon as sam- aquot;7T~ r pie evidence ... product recall before the statistical evidence has become convincing (e.g., Verizona#39;s 2004 recall of 50, 000 cell phone batteries ... Failure to act swiftly can generate liability and adverse publicity as with the spate of Ford Explorer rollover accidents and eventual recall of ... The courts, therefore, often must use statistical evidence to adjudicate product liability claims.
|Title||:||Applied Statistics in Business & Economics with Student CD|
|Author||:||David Doane, Lori Seward|
|Publisher||:||McGraw-Hill/Irwin - 2008-01-22|