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Roger W. Hoerl - Statistical Thinking : Improving Business Performance

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Apply statistics in business to achieve performance improvementStatistical Thinking: Improving Business Performance, 3rd Edition helps managers understand the role of statistics in implementing business improvements. It guides professionals who are learning statistics in order to improve performance in business and industry. It also helps graduate and undergraduate students understand the strategic value of data and statistics in arriving at real business solutions. Instruction in the book is based on principles of effective learning, established by educational and behavioral research.The authors cover both practical examples and underlying theory, both the big picture and necessary details. Readers gain a conceptual understanding and the ability to perform actionable analyses. They are introduced to data skills to improve business processes, including collecting the appropriate data, identifying existing data limitations, and analyzing data graphically. The authors also provide an in-depth look at JMP software, including its purpose, capabilities, and techniques for use.Updates to this edition includeA new chapter on data, assessing data pedigree (quality), and acquisition toolsDiscussion of the relationship between statistical thinking and data scienceExplanation of the proper role and interpretation of p-values (understanding of the dangers of p-hacking)Differentiation between practical and statistical significanceIntroduction of the emerging discipline of statistical engineeringExplanation of the proper role of subject matter theory in order to identify causal relationshipsA holistic framework for variation that includes outliers, in addition to systematic and random variationRevised chapters based on significant teaching experienceContent enhancements based on student inputThis book helps readers understand the role of statistics in business before they embark on learning statistical techniques.

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Table of Contents List of Tables Chapter 2 Chapter 3 Chapter 4 Chapter - photo 1
Table of Contents
List of Tables
  1. Chapter 2
  2. Chapter 3
  3. Chapter 4
  4. Chapter 5
  5. Chapter 6
  6. Chapter 7
  7. Chapter 8
  8. Chapter 9
  9. Chapter 10
  10. Appendix D
  11. Appendix E
  12. Appendix F
  13. Appendix G
  14. Appendix H
  15. Appendix I
  16. Appendix J
List of Illustrations
  1. Introduction
  2. Chapter 1
  3. Chapter 2
  4. Chapter 3
  5. Chapter 4
  6. Chapter 5
  7. Chapter 6
  8. Chapter 7
  9. Chapter 8
  10. Chapter 9
  11. Chapter 10
  12. Appendix D
  13. Appendix E
  14. Appendix H
Guide
Pages
Wiley & SAS Business Series

The Wiley & SAS Business Series presents books that help senior-level managers with their critical management decisions.

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For more information on any of the above titles, please visit www.wiley.com.

Statistical Thinking

Improving Business Performance

Third Edition

Roger W. Hoerl and Ronald D. Snee

Statistical Thinking Improving Business Performance - image 2

Copyright 2020 by Roger W. Hoerl and Ronald D. Snee. All rights reserved.

Published by John Wiley & Sons, Inc., Hoboken, New Jersey.

Edition History
Duxbury Press (1e, 2002); John Wiley and Sons, Inc. (2e, 2012).

Published simultaneously in Canada.

No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Section 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, (978) 750-8400, fax

(978) 646-8600, or on the Web at www.copyright.com. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, (201) 748-6011, fax (201) 748-6008, or online at http://www.wiley.com/go/permissions.

Limit of Liability/Disclaimer of Warranty: While the publisher and author have used their best efforts in preparing this book, they make no representations or warranties with respect to the accuracy or completeness of the contents of this book and specifically disclaim any implied warranties of merchantability or fitness for a particular purpose. No warranty may be created or extended by sales representatives or written sales materials.

The advice and strategies contained herein may not be suitable for your situation. You should consult with a professional where appropriate. Neither the publisher nor author shall be liable for any loss of profit or any other commercial damages, including but not limited to special, incidental, consequential, or other damages.

For general information on our other products and services or for technical support, please contact our Customer Care Department within the United States at (800) 762- 2974, outside the United States at (317) 572-3993 or fax (317) 572-4002.

Wiley also publishes its books in a variety of electronic formats. Some content that appears in print may not be available in electronic books. For more information about Wiley products, visit our web site at www.wiley.com.

Library of Congress Cataloging-in-Publication Data

Names: Hoerl, Roger Wesley, 1957- author. | Snee, Ronald D., author.

Title: Statistical thinking : improving business performance / Roger W. Hoerl, Ronald D. Snee.

Description: Third edition. | Hoboken, New Jersey : John Wiley & Sons, Inc., [2020] | Series: Wiley SAS business series | Includes bibliographical references and index.

Identifiers: LCCN 2020013168 (print) | LCCN 2020013169 (ebook) | ISBN 9781119605713 (hardback) | ISBN 9781119605720 (adobe pdf) | ISBN 9781119605737 (epub)

Subjects: LCSH: Commercial statistics.

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