Finally, an introduction to statistics for aspiring managers, leaders and decision makers who do not need to know all the details of statistical theory and just want real applications and commonsense explanations using words and diagrams -- without a jumble of Greek letters and mathematical formulas. The focus is on conceptual understanding, simplicity, and counterintuitive phenomena that can occur. This textbook is for an undergraduate or MBA introductory statistics course and covers summary statistics, probability, hypothesis testing, correlation, multiple regression, and includes an Excel add-in for histograms and stepwise regression. The author Erol Peköz teaches on the faculty of the Boston University School of Management and is the author of numerous technical articles and the recent book A Second Course in Probability.
From Amazon reviews:
This book strikes the perfect balance of depth & breadth required for most middle management at Fortune 500 and/or tier 1 management consulting firms...this book was fantastic.
...it's possibly one of the best books I've read for non-technical audiences.
...demonstrated to me the value of statistics in the workforce while making the topic entertaining.
Highly recommend it to MBA students, and anyone studying statistics or teaching statistics. It explains the complicated statistics principles and methods with real-world examples, and really helps readers understand the reasons behind conducting the statistic tests and master essential statistics skills. It is the best statistics text book I have ever used.
This is an excellent book for those who are relatively (or actually) new to statistics and is able to get you up to a very good speed.
Great read. This book presented statistics in a fun and practical way.
This book was extremely easy to use and grasp.
Great book! Highly recommend!
This book provides a useful introduction to statistics and highlights practical management tools. The book is clear and easy to follow, and uses interesting examples to engage the reader. The concepts and tools I learned about from the book have continued to be useful into my career.
Brilliant book. Helped me learn the concepts in an easy to understand way. Very relevant and practical examples. I highly recommend it to anyone who wants to hone their skills in Statistics.
Very solid book. Used it during my MBA and it greatly helped me improve my general statistics' understanding as well as specific applications to the business world
Best stats book ever. Well balanced book with great upfront explanations and excellently complimented with real world examples and easy to follow problem sets.
Makes complicated and sophisticated topics easy to understand.
Excellent stats textbook!!
