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Statistical Thinking: Improving Business Performance

2nd Edition, January 1, 2012

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Active, Most Current

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ISBN: 9781118094778
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Product Details:

  • Revision: 2nd Edition, January 1, 2012
  • Published Date: January 2012
  • Status: Active, Most Current
  • Document Language: English
  • Published By: John Wiley and Sons (WILEY)
  • Page Count: 544
  • ANSI Approved: No
  • DoD Adopted: No

Description / Abstract:

"Probably the most practical basic statistics textbook that has ever been written within a business context." —Technometrics Develop your capacity to apply statistical thinking to enhance business processes with the straightforward and insightful guidance found in Statistical Thinking: Improving Business Performance, Second Edition. Offering a solid and well-organized foundation, authors and business statistics specialists Roger Hoerl and Ron Snee show you how to successfully derive actionable conclusions from data analysis, solve real problems, and streamline real processes. Filled with realistic, step-by-step case study examples, the new edition explores: Today's business realities and the need to improve The dynamic nature of business processes Process improvement and problem-solving tools Building models with one—or several—predictor variables Using process experimentation to build models The process of applying statistical inference With an in-depth discussion of JMP software, Statistical Thinking, Second Edition focuses on skills to enrich business processes, including collecting data appropriate for a specified purpose, recognizing limitations in existing data, and understanding the limitations of statistical analyses.