1.Thorough and extensively revised exercise sets, up to 20% in each chapter
2.Critical Thinking Challenges —at the end of the “Chapter Supplementary Exercises”, students are asked to apply their critical thinking skills to solve one or two challenging real-life business problems.
3.New and updated Statistics in Action –Chapter 1, Chapter 10, Chapter 14
4."Putting it All Together" Flowcharts and Decision Trees - appear at the end of chapters, where appropriate, to offer a visual depiction of how to choose the appropriate statistical method.
5.Activities and Applets to Foster Active Learning in the Classroom
5.1.Approximately 2 activities, within each chapter, encourage students to collect, summarize and analyze data. Doing these activities promotes conceptual understanding of statistical concepts.
5.2.Applets are contained on the textbook CD. They are useful to illustrate concepts in a visual manner. These applets are also integrated, where appropriate, into exercises within the tex
Content Changes:
1.Single chapter on Probability Distributions — Discrete, continuous, and sampling distributions (previously Chapters 4-6) are now combined into a single chapter (4) to facilitate reduction in coverage of these topics and provide material appropriate for a one-semester course in business statistics.
2.New sections on Identifying the Target Parameter — added to confidence interval chapter (5) and two-sample inferences chapter (7), to aid students in selecting the appropriate parameter to estimate.
3.Streamlined chapters on Regression — several sections from the previous edition have been combined and streamlined to shorten the simple linear regression chapter (10) and multiple regression chapter (11).
4.Time Series and Nonparametric chapters on CD — to shorten the printed length of the text, the last two chapters (13 and 14) are now made available in pdf format on a CD that accompanies the text and online at the Prentice Hall-McClave web site.
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