Statistical Techniques in Business and Economics

Key differences between 16th and 15th editions

• Period between current and previous publications of Lind/Marchal/Wathen text: 3 years (2014 vs 2011).
• Chapter 5 includes a new examples/solutions demonstrating contingency tables and tree diagrams as well as the combination formula.
• Chapter 6 includes a revised example/solution demonstrating the binomial distribution.
• Chapter 15 includes a new example/solution demonstrating contingency table analysis.
• The hypothesis testing procedure has been expanded to six steps in Chapter 10, emphasizing the interpretation of test results.
• Chapter 13 includes a revised simple regression example and an increased number of observations to better demonstrate the principles of simple linear regression.
• The sections on one- and two-sample tests of proportions have been moved so that all analysis of nominal data is in one chapter: Nonparametric Statistics: Analysis of Nominal Data.