Decision Support Using Nonparametric Statistics

Business & Finance, Economics, Statistics, Nonfiction, Science & Nature, Mathematics
Cover of the book Decision Support Using Nonparametric Statistics by Warren Beatty, Springer International Publishing
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Author: Warren Beatty ISBN: 9783319682648
Publisher: Springer International Publishing Publication: January 15, 2018
Imprint: Springer Language: English
Author: Warren Beatty
ISBN: 9783319682648
Publisher: Springer International Publishing
Publication: January 15, 2018
Imprint: Springer
Language: English

This concise volume covers nonparametric statistics topics that most are most likely to be seen and used from a practical decision support perspective. While many degree programs require a course in parametric statistics, these methods are often inadequate for real-world decision making in business environments. Much of the data collected today by business executives (for example, customer satisfaction opinions) requires nonparametric statistics for valid analysis, and this book provides the reader with a set of tools that can be used to validly analyze all data, regardless of type. Through numerous examples and exercises, this book explains why nonparametric statistics will lead to better decisions and how they are used to reach a decision, with a wide array of business applications. Online resources include exercise data, spreadsheets, and solutions.

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This concise volume covers nonparametric statistics topics that most are most likely to be seen and used from a practical decision support perspective. While many degree programs require a course in parametric statistics, these methods are often inadequate for real-world decision making in business environments. Much of the data collected today by business executives (for example, customer satisfaction opinions) requires nonparametric statistics for valid analysis, and this book provides the reader with a set of tools that can be used to validly analyze all data, regardless of type. Through numerous examples and exercises, this book explains why nonparametric statistics will lead to better decisions and how they are used to reach a decision, with a wide array of business applications. Online resources include exercise data, spreadsheets, and solutions.

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