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portada Decision Support Using Nonparametric Statistics (Springerbriefs in Statistics)
Type
Physical Book
Publisher
Author
Year
2018
Language
English
Pages
140
Format
Paperback
ISBN13
9783319682631
Edition No.
1
Categories

Decision Support Using Nonparametric Statistics (Springerbriefs in Statistics)

Warren Beatty (Author) · Springer · Paperback

Decision Support Using Nonparametric Statistics (Springerbriefs in Statistics) - Warren Beatty

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Synopsis "Decision Support Using Nonparametric Statistics (Springerbriefs in Statistics) "

This concise introduction to using statistics in the decision-making process covers nonparametric statistics topics most relevant to business decision-making. Business and Statistics departments generally require a course in parametric statistics, inappropriate if data being analyzed doesn't ?fit? with the statistics being taught. Nonparametric statistics, the type of statistic that can validly analyze ANY data, is left for another, typically non-required, course. Much of the data collected today by business executives requires nonparametric statistics for valid analysis, and this book provides the reader with a set of tools that can be used to validly analyze ALL data, regardless of type.While some of the data generated by today's businesses?production rates, for example?can be analyzed validly using parametric statistics, most data, like customer satisfaction opinions, require the use of nonparametric statistics. This book explains why nonparametric statistics will lead to better decisions and how they are used to reach a decision. It provides a set of tools to create and interpret spreadsheets that will aid in the decision-making process.Answers to all end-of-chapter exercises along with their input data are available as downloads. All spreadsheet examples developed in chapters 3 through 6 are also available. Spreadsheets were developed using OpenOffice, a free Excel lookalike program that can be downloaded at no charge.

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