Solutions Manual to Accompany
Statistics for Business
and Economics
12th Edition
David R. Anderson
University of Cincinnati
Dennis J. Sweeney
University of Cincinnati
Thomas A. Williams
Rochester Institute of Technology
Jeffrey D. Camm
University of Cinci
STA200: managerial
Statistics
Continuous Probability Distributions*
*Some content on this PowerPoint is adapted from Cengage Learning and
Thomson/South-Western materials
Continuous PDs
Uniform probability distribution
Normal distribution
Exponential distr
STA200: Managerial
Statistics
Lecture: L1 & L2
Introduction to Statistics
Why Statistics?
Industrial Society -> Information Society
What is Information?
Data->Information->Knowledge->Wisdom
Information Overload?
Key component of success today:
Ability to
STA200: Managerial
Statistics
Lecture: L3 & L4
Descriptive Statistics
Descriptive Statistics
Involves Summarizing the data
Using graphs- Graphical
Using tables- Tabular
Using other numbers- Numerical
Descriptive Statistics
Tabular
Qualitative
Quantitative
STA200: Managerial
Statistics
L9 , 10, 11 & 12
Probability & Probability
Distributions
Probability Basics
It is the Likelihood of a particular event
happening
Ranges from 0 to 1
0 = Will certainly not occur
1 = Will certainly occur
Ranges from 0 to 1
Sum