Book Description
JMP Means Business: Statistical Models for Management, by Josef Schmee and Jane Oppenlander, covers basic methods and models of classical statistics. Designed for business and MBA students, as well as industry professionals who need to use and interpret statistics, JMP Means Business covers data collection, descriptive statistics, distributions, confidence intervals and hypothesis tests, analysis of variance, contingency tables, simple and multiple regression, and exponential smoothing of time series. The easy-to-use format includes verbal and graphical explanations and promotes standard problem-solving techniques, with a limited use of formulas. Examples from business and industry serve to introduce each topic. Each example starts with a problem definition and data requirements, followed by a step-by-step analysis with JMP. Relevant output from this analysis is used to explain each method and to provide the basis for interpretation. Each chapter ends with a summary and a collection of problems for further study.