{"product_id":"statistical-thinking-improving-business-performance-9781119605713","title":"Statistical Thinking: Improving Business Performance","description":"\u003cp\u003e\u003cb\u003eApply statistics in business to achieve performance improvement\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eStatistical Thinking: Improving Business Performance, 3rd Edition \u003c\/i\u003ehelps 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.\u003c\/p\u003e \u003cp\u003eThe 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.\u003c\/p\u003e \u003cp\u003eUpdates to this edition include: \u003c\/p\u003e \u003cul\u003e \u003cli\u003eA new chapter on data, assessing data pedigree (quality), and acquisition tools\u003c\/li\u003e \u003cli\u003eDiscussion of the relationship between statistical thinking and data science\u003c\/li\u003e \u003cli\u003eExplanation of the proper role and interpretation of p-values (understanding of the dangers of \"p-hacking\")\u003c\/li\u003e \u003cli\u003eDifferentiation between practical and statistical significance\u003c\/li\u003e \u003cli\u003eIntroduction of the emerging discipline of statistical engineering\u003c\/li\u003e \u003cli\u003eExplanation of the proper role of subject matter theory in order to identify causal relationships\u003c\/li\u003e \u003cli\u003eA holistic framework for variation that includes outliers, in addition to systematic and random variation\u003c\/li\u003e \u003cli\u003eRevised chapters based on significant teaching experience\u003c\/li\u003e \u003cli\u003eContent enhancements based on student input\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eThis book helps readers understand the role of statistics in business before they embark on learning statistical techniques.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eBinding Type:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Wiley\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 09\/16\/2020\u003cbr\u003e\u003cb\u003eISBN:\u003c\/b\u003e 9781119605713\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 640\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 2.80lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 10.40h x 7.30w x 1.70d","brand":"Roger W. Hoerl, Ronald D. Snee","offers":[{"title":"Default Title","offer_id":38017429438645,"sku":"9781119605713","price":123.25,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0473\/0804\/6492\/products\/img_9647103a-b26f-4920-a62c-6e3af75c9fb6.jpg?v=1609164630","url":"https:\/\/pastforward.org\/products\/statistical-thinking-improving-business-performance-9781119605713","provider":"Past Forward","version":"1.0","type":"link"}