By Linda Herkenhoff, John Fogli (auth.)
Applied company records for enterprise and administration utilizing Microsoft Excel is the 1st e-book to demonstrate the features of Microsoft Excel to educate utilized statistics successfully. it's a step by step exercise-driven consultant for college students and practitioners who have to grasp Excel to resolve useful statistical difficulties in undefined. If knowing facts isn’t your most powerful go well with, you're not specially mathematically-inclined, or when you are cautious of pcs, this can be the fitting booklet for you. Excel, a extensively to be had machine software for college students and executives, is additionally a good educating and studying instrument for quantitative analyses in facts classes. Its strong computational skill and graphical services make studying data a lot more uncomplicated than in years prior. although, Applied company records for company and Management capitalizes on those advancements by means of instructing scholars and practitioners how one can follow Excel to statistical recommendations useful of their classes and office. every one bankruptcy explains statistical formulation and directs the reader to take advantage of Excel instructions to resolve particular, easy-to-understand enterprise difficulties. perform difficulties are supplied on the finish of every bankruptcy with their solutions.
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Additional resources for Applied Statistics for Business and Management using Microsoft Excel
Expertise level Novice Apprentice Tradesmen Master tradesman # of mistakes 36 20 9 3 Problem Solutions 43 3. Prepare a line chart to show dollars spent on Valentine’s Day flowers over time. Year 2011 2010 2009 2008 2007 Sale of Valentine’s Day flowers $15,730 $14,160 $14,750 $17,200 $16,890 Discussion Boards 1. Bubble charts and Radar charts are helpful in displaying data. Why are they not more common? 2. Pie charts can be a powerful tool for managers to use on a daily basis but can be easily misused.
Median: The median of a data set refers to the value in the middle when the data values are arranged in ascending order. Half of the values are greater than this value and half are less than this value. The median may or may not correspond to a value in your data set; it is just a location. L. Herkenhoff and J. 1007/978-1-4614-8423-3_3, © Springer Science+Business Media New York 2013 47 48 3 Summarizing Data: Descriptive Statistics and Histograms • Mode: The mode of a data set refers to the value that occurs with the greatest frequency.
Highlight the 2 columns of data â Select the Insert tab â Select the Pie chart function Discussion â â â â 29 Choose type of pie chart you want Click anywhere on the chart Click the Layout tab, under Chart Tools Click the Data Labels function, to add data labels Jewelry & Accessories, 5% Beauty, 3% % of Total Sales Home, 15% Shoes, 20% Bed & Bath, 5% Children's, 5% Women's, 45% Men's, 2% Å ! Remember if you want percentages on the chart you need to format the data cells as percentage. You can select the output as percentages by checking that box.
Applied Statistics for Business and Management using Microsoft Excel by Linda Herkenhoff, John Fogli (auth.)