Publisher's Synopsis
Based on years of classroom experience, this text explores the modern approach to decision making in the face of uncertainty. As a presentation of modern business statistics at an elementary level of mathematical difficulty, it emphasizes concepts and ideas, balances theory and applications, and provides motivation for the study of fundamentally important statistical techniques.;Introducing substantial changes in content, organization, language, notation and format, the sixth edition features over 1,130 tested, new and revised exercises.