Editorial Review:
Lind/Marchal/Wathen: Basic Statistics for Business and Economics 5e is a derivative of the best-selling STATISTICAL TECHNIQUES IN BUSINESS AND ECONOMICS, 12/e offering the essential topics of statistical tools and methods delivered in a student friendly, step-by-step format. The text presents concepts clearly and succinctly with a conversational writing style. All statistical concepts are illustrated with solved applied examples immediately upon introduction. Modern computing tools and applications are introduced, though the text maintains a focus on presenting statistics content as opposed to technology or programming methods, and the fifth edition continues as a ‘students’ text with increased emphasis on interpretation of data and results.
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Customer Reviews
Average Customer Rating: 
there are excellent, cheaper alternatives  2007-10-20
Take a look at www.coventry-collegiate.com. Understanding Business Statistics, the book featured there, is independently published and sells for only $39.95 (new). It is clear, extremely readable and very student-friendly.
Review of Basic Statistics  2007-02-19
This is a well written and illustrated text book that describes the working of statistics. Definitions are placed in boxs within the text so the defination of a term is where you read the uses of the term. Review questions are also place within the text so the question follows the definition and explation of the statitistical information being taught. The book also uses web sites for information and examples, software programs such as Excel, to add to the learning experience. Included is a CD with power point lessons, and sample quizes.
Good Book but... 2006-10-18
Yes, put all the extra features together, namely the student CD and the Visual Statistics together, this seems like a well-put-together solution for a beginner statistics course. However, it needs some help. The book could be more thoroughly indexed. Visual Statistics software does not work properly even with updates. Sentence such as "The mean of the sampling distribution of the sample mean is obtained by summing the various sample means and dividing the sum by the number of samples" is not intuitive. This book has potential to be great, but it will take better teaching techniques than complex statistics talk.
introductory stats 2006-07-05
The book is essentially a standard introductory probability and statistics course, with an emphasis on the statistics. The business and economics in the title is mostly reflected in the examples given in the text, which have that orientation.
There is also no emphasis on formal proving of various maths results. The typical reader is not expected to be a maths major, and probably does not need it.
A useful feature is the CD that accompanies the book. It lets the reader easily use a computer to handle the tedious data inputting and number crunching.
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