By Thomas J Quirk

This is the 1st ebook to teach the services of Microsoft Excel to educate company information successfully. it's a step by step exercise-driven consultant for college students and practitioners who have to grasp Excel to unravel useful enterprise difficulties. If realizing facts isn’t your most powerful go well with, you're not specifically mathematically-inclined, or when you are cautious of pcs, this can be the proper e-book for you.

Excel, a commonly on hand laptop application for college students and bosses, can be an efficient instructing and studying device for quantitative analyses in enterprise classes. Its strong computational skill and graphical capabilities make studying information a lot more uncomplicated than in years prior. besides the fact that, Excel 2010 for enterprise information: A advisor to fixing functional company Problems is the 1st ebook to capitalize on those advancements through educating scholars and executives find out how to follow Excel to statistical suggestions important of their classes and work.

Each bankruptcy explains statistical formulation and directs the reader to take advantage of Excel instructions to unravel particular, easy-to-understand company difficulties. perform difficulties are supplied on the finish of every bankruptcy with their ideas in an appendix. individually, there's a complete perform attempt (with solutions in an Appendix) that permits readers to check what they've got realized.

Includes one hundred sixty five illustrations in color.

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Additional resources for Excel 2010 for Business Statistics: A Guide to Solving Practical Business Problems

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You will also recall from Chap. , equals the STDEV divided by the square root of the sample size, n (See Sect. 3). Let’s try a sample problem using Excel to find the 95% confidence interval about the mean for a problem. General Motors claimed that its Chevy Impala (Anonymous 2005) achieved 28 miles per gallon (mpg) on the highway. A billboard in St. ” This same advertisement claim also appeared in Time magazine over a several month period. Let’s call 28 mpg the “reference value” for this car. Suppose that you work for Ford Motor Co.

7, 2, 8, 17, 27 30 2 Random Number Generator Fig. 9 First five salespeople selected randomly Remember, your five ID numbers selected after your random sort will be different from the five ID numbers in Fig. 9 because Excel assigns a different random number each time the ¼RAND() command is given. Before we leave this chapter, you need to learn how to print a file so that all of the information on that file fits onto a single page without “dribbling over” onto a second or third page. 4 31 Printing an Excel File So That All of the Information Fits onto One Page Objective: To print a file so that all of the information fits onto one page Note that the three practice problems at the end of this chapter require you to sort random numbers when the files contain 63 customers, 114 counties of the state of Missouri, and 76 key accounts, respectively.

For this reason, the answer to this problem given in this Excel Guide will have a completely different sequence of random numbers from the random sequence that you generate. This is normal and what is to be expected. 2. Suppose that you wanted to do a random sample of 10 of the 114 counties in the state of Missouri as requested by a political pollster who wants to select registered voters by county in Missouri for a phone survey of their voting preferences in the next election. S. S. Census Bureau 2000).

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