Pages
page i
in Business and Economics
Sixth Edition
page ii
The McGraw-Hill/Irwin Series in Operations and Decision Sciences
SUPPLY CHAIN MANAGEMENT
Benton
Purchasing and Supply Chain Management
Third Edition
Bowersox, Closs, Cooper, and Bowersox
Supply Chain Logistics Management
Fourth Edition
Burt, Petcavage, and Pinkerton
Supply Management
Eighth Edition
Johnson and Flynn
Purchasing and Supply Management
Fifteenth Edition
Simchi-Levi, Kaminsky, and Simchi-Levi
Designing and Managing the Supply Chain: Concepts, Strategies, Case Studies
Third Edition
PROJECT MANAGEMENT
Brown and Hyer
Managing Projects: A Team-Based Approach
First Edition
Larson and Gray
Project Management: The Managerial Process
Seventh Edition
SERVICE OPERATIONS MANAGEMENT
Bordoloi, Fitzsimmons, and Fitzsimmons
Service Management: Operations, Strategy, Information Technology
Ninth Edition
MANAGEMENT SCIENCE
Hillier and Hillier
Introduction to Management Science: A Modeling and Case Studies Approach with Spreadsheets
Sixth Edition
BUSINESS RESEARCH METHODS
Cooper and Schindler
Business Research Methods
Twelfth Edition
BUSINESS FORECASTING
Keating and Wilson
Business Forecasting
Seventh Edition
LINEAR STATISTICS AND REGRESSION
Kutner, Nachtsheim, and Neter
Applied Linear Regression Models
Fourth Edition
BUSINESS SYSTEMS DYNAMICS
Sterman
Business Dynamics: Systems Thinking and Modeling for a Complex World
First Edition
OPERATIONS MANAGEMENT
Cachon and Terwiesch
Operations Management
First Edition
Cachon and Terwiesch
Matching Supply with Demand: An Introduction to Operations Management
Third Edition
Jacobs and Chase
Operations and Supply Chain Management
Fifteenth Edition
Jacobs and Chase
Operations and Supply Chain Management: The Core
Fourth Edition
Schroeder and Goldstein
Operations Management in the Supply Chain: Decisions and Cases
Seventh Edition
Stevenson
Operations Management
Twelfth Edition
Swink, Melnyk, Hartley, and Cooper
Managing Operations Across the Supply Chain
Third Edition
BUSINESS MATH
Slater and Wittry
Practical Business Math Procedures
Twelfth Edition
Slater and Wittry
Math for Business and Finance: An Algebraic Approach
Second Edition
BUSINESS STATISTICS
Bowerman, OConnell, and Murphree
Business Statistics in Practice
Eighth Edition
Bowerman, OConnell, Murphree, and Orris
Essentials of Business Statistics
Fifth Edition
Doane and Seward
Applied Statistics in Business and Economics
Sixth Edition
Doane and Seward
Essential Statistics in Business and Economics
Second Edition
Lind, Marchal, and Wathen
Basic Statistics for Business and Economics
Ninth Edition
Lind, Marchal, and Wathen
Statistical Techniques in Business and Economics
Seventeenth Edition
Jaggia and Kelly
Business Statistics: Communicating with Numbers
Third Edition
Jaggia and Kelly
Essentials of Business Statistics: Communicating with Numbers
First Edition
McGuckian
Connect Master: Business Statistics
page iii
in Business and Economics
Sixth Edition
David P. Doane
Oakland University
Lori E. Seward
University of Colorado
page iv
APPLIED STATISTICS IN BUSINESS AND ECONOMICS, SIXTH EDITION
Published by McGraw-Hill Education, 2 Penn Plaza, New York, NY 10121. Copyright 2019 by McGraw-Hill Education. All rights reserved. Printed in the United States of America. 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.
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ISBN 978-1-260-09252-3
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ABOUT THE AUTHORS
Courtesy of David Doane
David P. Doane
David P. Doane is accredited by the American Statistical Association as a Professional Statistician (PStat). He is professor emeritus in Oakland Universitys Department of Decision and Information Sciences. He earned his Bachelor of Arts degree in mathematics and economics at the University of Kansas and his PhD from Purdue Universitys Krannert Graduate School. His research and teaching interests include applied statistics, forecasting, and statistical education. He is co-recipient of three National Science Foundation grants to develop software to teach statistics and to create a computer classroom. He is a longtime member of the American Statistical Association, serving in 2002 as president of the Detroit ASA. He has consulted with government, health care organizations, and local firms. He has published articles in many academic journals. He currently belongs to ASA chapters in San Diego and Orange County/Long Beach.
Courtesy of Lori Seward
Lori E. Seward
Lori E. Seward is a senior instructor of Operations Management in The Leeds School of Business at the University of Colorado in Boulder. She earned her Bachelor of Science and Master of Science degrees in Industrial Engineering at Virginia Tech. After several years working as a reliability and quality engineer in the paper and automotive industries, she earned her PhD from Virginia Tech and joined the faculty at The Leeds School in 1998. She has been the coordinator of the undergraduate core business statistics course and currently teaches as well as coordinates the core statistics course for both the Leeds full-time and Executive MBA programs. She is also responsible for coordinating the undergraduate program in Operations Management. She served as the chair of the INFORMS Teachers Workshop for the annual 2004 meeting. Her teaching interests focus on developing pedagogy that uses technology to create a collaborative learning environment in large undergraduate and MBA statistics courses. Her most recent article, co-authored with David Doane, was published in the