Statistics for Managers Using Microsoft Excel 7th Edition

This is THE book if you are interested in learning statistics and excel. If you buy this book, my suggestion would be to never sell it. A great resource. It has excellent examples and elaborate explanation. Great coverage.I bought this book for my Quant Analysis course in MBA. Writing this review after my final exam. The general expectation at the beginning of this course is that a student has basic understanding of probability and statistics. I had decent understanding of Probability and basic knowledge of Statistics. Based on what I already knew and some understanding of how to apply concepts and relate them to these topics was very helpful. You can cover a chapter in about a week, if you study a couple of hours each day including solving all example problems and some exercise problems.

I'm currently using this book as a required text for my MBA managerial statistics class. If you're looking at this book I'm sure you can understand how the content can sometimes be pretty hard to follow with a difficult subject such as statistics. The article does a good job of explaining everything well enough to learn new concepts and provides great work through problems, visuals, etc. to adequately support the material. I rented this textbook and it was in great condition for the price.

I guess you could only do so much with statistics, but book is very dry and not always easy to follow. Excel examples are useful.

The item was as described.. I would have appreciated a disk with the book with all the excel information on it already instead of having the teacher provide a file..

If you would like to spend a lot of time being confused and hating your instructor, purchase this. Oh wait, I'm betting you are not purchasing it on your own volition. May I bear warning of the miserable time you will have not only trying to figure out the manner of writing and trying to find full examples of problems, but you are also likely to be assigned problems that are sprinkled throughout the test like a where's Waldo of frustration and statistics. I got a B, but out of frustration, maybe some tears, and possibly some professor pity.

I've used this text for two courses at my college: statistics and regression analysis; during my stats class the text was in edition 6 and during the latter class, edition 7.There are MANY problems with this text; I found it difficult to follow, out of order and lacking in explanations as to why conclusions were drawn, 3 examples:Normality assumptions--the text glosses over when an evaluation for normality should be used prior to using a particular equation and doesn't do a good job of defining how to evaluate normality when faced with a certain set of data. This is an important concept because in order to use a given equation you HAVE to satisfy the normality condition BEFORE executing the equation or your results will be bad!Two-sample testing: jumping to a conclusion that the tstat or Zstat value leads to a particular conclusion w/o explaining HOW that conclusion was drawn (done twice in chapter 10 on pgs 347 & 365 respectively in edition 7).Time-series forecasting: fig. 16.12 is an example of an excel spreadsheet with lagged predictor variables with zero explanation as to how the data was entered into the columns & why. Once you understand the concept of lagged variables, the way the values are entered makes sense, but for someone learning the subject matter, more detail is necessary.If this is your required text, you better hope you have a good instructor (mine wasn't) to explain the mess that this book creates out of this subject.

Shipping was great! Quality of the book was as promised

I bought this as a used textbook and it arrived quickly but without the original CD containing files for working the example problems. The files were downloadable from the book website so it was not a big problem. As for the textbook itself, I do not like the book. The example problems are written for a slightly older version of Microsoft Office so the step-by-step instructions are sometimes a bit different for what is needed to work with the 2013 version. This difference caused hours and hours of frustration as I tried to work problems using their step-by-step instructions that weren't working and I couldn't figure out why. Sometimes I would spend an entire evening on a single problem and still couldn't get it to work out. Also, the example files give the sample data but do not show the Excel formulas for how the authors got some of the figures. It has been 20+ years since I took a statistics class so seeing how the some of the data columns were arrived at would have been tremendously helpful.