Statistics for Managers Using Microsoft Excel and Student CD Package (5th Edition)

This book was the first to thoroughly integrate the use of Microsoft Excel as a tool for statistical analysis. The book focuses on the concepts of statistics with applications to the functional areas of business. It is rich in applications from accounting, finance, marketing, management and economics, covering data collection, tables and charts, probability, estimation, and more. For professionals, particularly managers, making financial analyses and decisions.

Customer Reviews:

Statistics for Managers

By C. J. ROBERTS "CJR" - February 4, 2009

The book is very confusing. There is a lot of information the book does not explain how to access. For example , some exercises refer to PH grade assist. This is not described in the book. I never found it. I barely have time to study the contents of the chapters, much less how the book works. In addition, breakdown of equations are also confusing. I had to refer to a previous statistic book from a pre-grad course I took for better explanations.

Good textbook but needs some improvements

By Jaewoo Kim "OB-Wan" - May 20, 2010

This textbook is dedicated to solving statistics problems using MS Excel. It covers the following on statistics:

1)Descriptive statistics
2)Probability (Binomial, Poisson, Hypergeometric etc)
3)Normal Distribution
4)Confidence interval
5)Hypothesis testing
6)ANOVA
7)Chi Square
8)Regression (linear, multiple)
9)Forecasting and decision making

The covers how to solve statistics problems using conventional (using a calculator) method as well. But the focus is on utilizing Excel's many but somewhat limited statistical functions and Data Analysis pack.

The explanations of statistical concepts are merely decent and are very dry. I would recommend "Humongous Book of Statistics Problems" or "Statistics for People Who Thinks They Hate Statistics" for better explanations of statistical concepts.

Most of the problems in this book are very redundant. At least 50% of problems are almost exact copies (questions... read more

Statistics sections are good, but the Excel Companion sections are too wordy

By Kattamuri S. Sarma - September 18, 2008

The Statistics material presented in this book is good. But the Excel Companion sections are too wordy. The instructions for using Excel should have been written as bullet points.
The following items are not clear:
(1) Exporting a pivot table as an independent worksheet
(2) Creating new columns from a pivot table.