David Levine - Even You Can Learn Statistics and Analytics: An Easy to Understand Guide to Statistics and Analytics

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Third Edition

An Easy to Understand Guide to Statistics and Analytics

David M. Levine, Ph.D.
David F. Stephan

Editor-in-Chief: Amy Neidlinger
Operations Specialist: Jodi Kemper
Cover Designer: Alan Clements
Managing Editor: Kristy Hart
Senior Project Editor: Betsy Gratner
Copy Editor: Krista Hansing
Proofreader: Sarah Kearns
Interior Designer: Argosy
Compositor: codeMantra
Manufacturing Buyer: Dan Uhrig

2015 by Pearson Education, Inc.
Upper Saddle River, New Jersey 07458

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All rights reserved. No part of this book may be reproduced, in any form or by any means, without permission in writing from the publisher.

Printed in the United States of America

Third Printing: October 2015

ISBN-10: 0-13-338266-4
ISBN-13: 978-0-13-338266-2

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Library of Congress Control Number: 2014949421

To our wives
Marilyn and Mary

To our children
Sharyn and Mark

And to our parents
In loving memory, Lee, Reuben, Ruth, and Francis

We would especially like to thank the staff at Financial Times/Pearson: Amy Neidlinger for making this book a reality, Sarah Kearns for her proofreading, Krista Hansing for her copy editing, and Betsy Gratner for her work in the production of this text.

We have sought to make the contents of this book as clear, accurate, and error-free as possible. We invite you to make suggestions or ask questions about the content if you think we have fallen short of our goals in any way. Please email your comments to and include Even You Can Learn Statistics and Analytics 3/e in the subject line.

David M. Levine is Professor Emeritus of Statistics and Computer Information Systems at Baruch College-CUNY. He received B.B.A. and M.B.A. degrees in Statistics from City College of New York and a Ph.D. degree from New York University in Industrial Engineering and Operations Research. He is nationally recognized as a leading innovator in business statistics education and is the coauthor of such best-selling statistics textbooks as Statistics for Managers Using Microsoft Excel, Basic Business Statistics: Concepts and Applications, Business Statistics: A First Course, and Applied Statistics for Engineers and Scientists Using Microsoft Excel and Minitab.

He also is the author of Statistics for Six Sigma Green Belts and Champions, published by Financial TimesPrentice-Hall. He is coauthor of Six Sigma for Green Belts and Champions and Design for Six Sigma for Green Belts and Champions also published by Financial TimesPrentice-Hall, and Quality Management Third Ed., McGraw-Hill-Irwin. He is also the author of Video Review of Statistics and Video Review of Probability, both published by Video Aided Instruction. He has published articles in various journals including Psychometrika, The American Statistician, Communications in Statistics, Multivariate Behavioral Research, Journal of Systems Management, Quality Progress, and The American Anthropologist and has given numerous talks at American Statistical Association, Decision Sciences Institute, and Making Statistics More Effective in Schools of Business conferences. While at Baruch College, Dr. Levine received numerous awards for outstanding teaching.

David F. Stephan is an independent instructional technologist. During his more than 20 years teaching at Baruch College-CUNY, he pioneered the use of computer-equipped classrooms and interdisciplinary multimedia tools, was an associate director of a U.S. Department of Education FIPSE project that applied interactive media to support instruction and devised techniques for teaching computer applications in a business context. A frequent participant in the Decision Sciences Institutes Making Statistics for More Effective in School of Business mini-conferences, he is also a coauthor of Business Statistics: A First Course and Statistics for Managers Using Microsoft Excel. He is also the developer of PHStat, the statistics add-in for Microsoft Excel distributed by Pearson Education.

The Even You Can Learn Statistics and Analytics Owners Manual

In todays world, understanding statistics and analytics is more important than ever. Even You Can Learn Statistics and Analytics: A Guide for Everyone Who Has Ever Been Afraid of Statistics and Analytics can teach you the basic concepts that provide you with the knowledge to apply statistics and analytics in your life. You will also learn the most commonly used statistical methods and have the opportunity to practice those methods while using the Microsoft Excel spreadsheet program.

Please read the rest of this introduction so that you can become familiar with the distinctive features of this book. You can also visit the website for this book (www.ftpress.com/evenyoucanlearnstatistics3e) where you can learn more about this book as well as download files that support your learning of statistics.