This is a college textbook for the introductory statistics course primarily for business and economics students. The content includes descriptive statistics, probability, hypothesis testing, regression analysis, time series analysis, and statistical process control. The book incorporates many real-world examples and demonstrates statistical analysis using Microsoft Excel 2007.

Statistics for Business and Economics is designed to show readers how to become producers of statistical analysis, which will help them make decisions and become better consumers of information. This text explores essential statistical techniques, including data collection, simple graphic and numeric statistical procedures, probability, hypothesis testing, and regression. The authors use real-world data throughout the book to give students a realistic appreciation of the value of data analysis in today's marketplace. Each chapter includes a summary of terms and chapter exercises that...