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In every chapter, students are exposed to statistical information conveyed in written form.

Develop a strong conceptual understanding of statistics as ESSENTIALS OF MODERN BUSINESS STATISTICS WITH MICROSOFT EXCE.

Discover how statistical information impacts decisions in todays business world as AndersonSweeneyWilliamsCamm.

From the renowned author team that has been writing market-leading business statistics textbooks for more than 20 years.

Statistics for Business is meant as a textbook for students in business, computer science, bioengineering, environmental.

No part of this publication may be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the prior written consent of McGraw-Hill Education, including, but not limited to, in any network or other electronic storage or transmission, or broadcast for distance learning.

Some ancillaries, including electronic and print components, may not be available to customers outside the United States.

This book is printed on acid-free paper.

LWI 21 20 19 ISBN 978-1-260-23951-5 MHID 1-260-23951-9 Portfolio Manager: Noelle Bathurst Product Developers: Ryan McAndrews Marketing Manager: Harper Christopher Content Project Managers: Pat Frederickson and Jamie Koch Buyer: Laura Fuller Design: Egzon Shaqiri Content Licensing Specialist: Ann Marie Jannette Cover Design: Beth Blech Compositor: SPi Global All credits appearing on page or at the end of the book are considered to be an extension of the copyright page.

Library of Congress Cataloging-in-Publication Data Names: Jaggia, Sanjiv, 1960- author.

Title: Essentials of business statistics: communicating with numbersSanjiv Jaggia, California Polytechnic State University, Alison Kelly, Suffolk University.

Dubuque: McGraw-Hill Education, 2018 Revised edition of the authors Essentials of business statistics, c2014.

Classification: LCC HF1017.J343 2018 DDC 519.5-dc23 LC record available at The Internet addresses listed in the text were accurate at the time of publication.

The inclusion of a website does not indicate an endorsement by the authors or McGraw-Hill Education, and McGraw-Hill Education does not guarantee the accuracy of the information presented at these sites.

After earning a Ph.D.

Indiana University, Bloomington, in 1990, Dr.

Jaggia spent 17 years at Suffolk University, Boston.

Dr. Jaggias research interests include empirical finance, statistics, and econometrics.

He has published extensively in research journals, including the Courtesy of Sanjiv Jaggia Journal of Empirical Finance, Review of Economics and Statistics, Journal of Business and Economic Statistics, Journal of Applied Econometrics, and Journal of Econometrics.

Dr. Jaggias ability to communicate in the classroom has been acknowledged by several teaching awards.

In 2007, he traded one coast for the other and now lives in San Luis Obispo, California, with his wife and daughter.

In his spare time, he enjoys cooking, hiking, and listening to a wide range of music.

Alison Kelly Courtesy of Alison Kelly Alison Kelly is a professor of economics at Suffolk University in Boston, Massachusetts.

Dr. Kelly has published in journals such as the American Journal of Agricultural Economics, Journal of Macroeconomics, Review of Income and Wealth, Applied Financial Economics, and Contemporary Economic Policy.

She is a Chartered Financial Analyst (CFA) and teaches review courses in quantitative methods to candidates preparing to take the CFA exam.

She resides in Hamilton, Massachusetts, with her husband, daughter, and son.

Throughout the text, the emphasis is on communicating with numbers rather than on number crunching.

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