This book explores the capabilities of Microsoft Excel in business statistics, explaining statistical formulas and demonstrating use of Excel commands to solve specific business problems. Includes chapter-end practice problems and a separate Full Practice Test.

Sample Size, Mean, Standard Deviation, and Standard Error of the Mean.- Random Number Generator.- Confidence Interval About the Mean Using the TINV Function and Hypothesis Testing.- One-Group t-Test for the Mean.- Two-Group t-Test of the Difference of the Means for Independent Groups.- Correlation and Simple Linear Regression.- Multiple Correlation and Multiple Regression.- One-Way Analysis of Variance (ANOVA).

This is the first book to show the capabilities of Microsoft Excel to teach business statistics effectively.  It is a step-by-step exercise-driven guide for students and practitioners who need to master Excel to solve practical business problems.  If understanding statistics isn’t your strongest suit, you are not especially mathematically-inclined, or if you are wary of computers, this is the right book for you.  Excel, a widely available computer program for students and managers, is also an effective teaching and learning tool for quantitative analyses in business courses.  Its powerful computational ability and graphical functions make learning statistics much easier than in years past.  However, Excel 2010 for Business Statistics: A Guide to Solving Practical Business Problems is the first book to capitalize on these improvements by teaching students and managers how to apply Excel to statistical techniques necessary in their courses and work.Each chapter explains statistical formulas and directs the reader to use Excel commands to solve specific, easy-to-understand business problems.  Practice problems are provided at the end of each chapter with their solutions in an appendix.  Separately, there is a full Practice Test (with answers in an Appendix) that allows readers to test what they have learned. Includes 165 illustrations in color.

Suitable for upper undergraduates or graduate studentsThe reader will learn both how to write statistical formulas and how to use drop-down menus to have Excel create formulasIncludes 165 color screen shots so the reader can be sure to perform Excel steps correctlyEach chapter includes specific objectives for each concept so the reader know the purpose of the Excel stepsIncludes supplementary material: sn.pub/extras