Statistical Practice in Business and Industry

Statistical Practice in Business and Industry PDF Author: Shirley Coleman
Publisher: John Wiley & Sons
ISBN: 0470997478
Category : Mathematics
Languages : en
Pages : 450

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Book Description
This book covers all the latest advances, as well as more established methods, in the application of statistical and optimisation methods within modern industry. These include applications from a range of industries that include micro-electronics, chemical, automotive, engineering, food, component assembly, household goods and plastics. Methods range from basic graphical approaches to generalised modelling, from designed experiments to process control. Solutions cover produce and process design, through manufacture to packaging and delivery, from single responses to multivariate problems.

Statistical Practice in Business and Industry

Statistical Practice in Business and Industry PDF Author: Shirley Coleman
Publisher: John Wiley & Sons
ISBN: 0470997478
Category : Mathematics
Languages : en
Pages : 450

Get Book Here

Book Description
This book covers all the latest advances, as well as more established methods, in the application of statistical and optimisation methods within modern industry. These include applications from a range of industries that include micro-electronics, chemical, automotive, engineering, food, component assembly, household goods and plastics. Methods range from basic graphical approaches to generalised modelling, from designed experiments to process control. Solutions cover produce and process design, through manufacture to packaging and delivery, from single responses to multivariate problems.

Applied Data Mining

Applied Data Mining PDF Author: Paolo Giudici
Publisher: John Wiley & Sons
ISBN: 0470871393
Category : Computers
Languages : en
Pages : 379

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Book Description
Data mining can be defined as the process of selection, explorationand modelling of large databases, in order to discover models andpatterns. The increasing availability of data in the currentinformation society has led to the need for valid tools for itsmodelling and analysis. Data mining and applied statistical methodsare the appropriate tools to extract such knowledge from data.Applications occur in many different fields, including statistics,computer science, machine learning, economics, marketing andfinance. This book is the first to describe applied data mining methodsin a consistent statistical framework, and then show how they canbe applied in practice. All the methods described are eithercomputational, or of a statistical modelling nature. Complexprobabilistic models and mathematical tools are not used, so thebook is accessible to a wide audience of students and industryprofessionals. The second half of the book consists of nine casestudies, taken from the author's own work in industry, thatdemonstrate how the methods described can be applied to realproblems. Provides a solid introduction to applied data mining methods ina consistent statistical framework Includes coverage of classical, multivariate and Bayesianstatistical methodology Includes many recent developments such as web mining,sequential Bayesian analysis and memory based reasoning Each statistical method described is illustrated with real lifeapplications Features a number of detailed case studies based on appliedprojects within industry Incorporates discussion on software used in data mining, withparticular emphasis on SAS Supported by a website featuring data sets, software andadditional material Includes an extensive bibliography and pointers to furtherreading within the text Author has many years experience teaching introductory andmultivariate statistics and data mining, and working on appliedprojects within industry A valuable resource for advanced undergraduate and graduatestudents of applied statistics, data mining, computer science andeconomics, as well as for professionals working in industry onprojects involving large volumes of data - such as in marketing orfinancial risk management.

The Role of Statistics in Business and Industry

The Role of Statistics in Business and Industry PDF Author: Gerald J. Hahn
Publisher: John Wiley & Sons
ISBN: 1118211464
Category : Mathematics
Languages : en
Pages : 302

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Book Description
An insightful guide to the use of statistics for solving key problems in modern-day business and industry This book has been awarded the Technometrics Ziegel Prize for the best book reviewed by the journal in 2010. Technometrics is a journal of statistics for the physical, chemical and engineering sciences, published jointly by the American Society for Quality and the American Statistical Association. Criteria for the award include that the book brings together in one volume a body of material previously only available in scattered research articles and having the potential to significantly improve practice in engineering and science. Highlighting the relevance of statistical methods in everyday applications, The Role of Statistics in Business and Industry bridges the gap between the tools of statistics and their use in today's business world. This one-of-a-kind resource encourages the proactive use of statistics in three well-organized and succinct parts: Setting the Stage provides an introduction to statistics, with a general overview of its uses in business and industry Manufactured Product Applications explains how statistical techniques assist in designing, building, improving, and ensuring the reliability of a wide variety of manufactured products such as appliances, plastic materials, aircraft engines, and locomotives Other Applications describe the role of statistics in pharmaceuticals, finance, and business services, as well as more specialized areas including the food, semiconductor, and communications industries This book is truly unique in that it first describes case studies and key business problems, and then shows how statistics is used to address them, while most literature on the topic does the reverse. This approach provides a comprehensive understanding of common issues and the most effective methods for their treatment. Each chapter concludes with general questions that allow the reader to test their understanding of the presented statistical concepts as well as technical questions that raise more complex issues. An extensive FTP site provides additional material, including solutions to some of the applications. With its accessible style and real-world examples, The Role of Statistics in Business and Industry is a valuable supplement for courses on applied statistics and statistical consulting at the upper-undergraduate and graduate levels. It is also an ideal resource for early-career statisticians and practitioners who would like to learn the value of applying statistics to their everyday work.

Methods and Applications of Statistics in Business, Finance, and Management Science

Methods and Applications of Statistics in Business, Finance, and Management Science PDF Author: Narayanaswamy Balakrishnan
Publisher: John Wiley & Sons
ISBN: 0470405104
Category : Mathematics
Languages : en
Pages : 735

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Book Description
Inspired by the Encyclopedia of Statistical Sciences, Second Edition, this volume presents the tools and techniques that are essential for carrying out best practices in the modern business world The collection and analysis of quantitative data drives some of the most important conclusions that are drawn in today's business world, such as the preferences of a customer base, the quality of manufactured products, the marketing of products, and the availability of financial resources. As a result, it is essential for individuals working in this environment to have the knowledge and skills to interpret and use statistical techniques in various scenarios. Addressing this need, Methods and Applications of Statistics in Business, Finance, and Management Science serves as a single, one-of-a-kind resource that guides readers through the use of common statistical practices by presenting real-world applications from the fields of business, economics, finance, operations research, and management science. Uniting established literature with the latest research, this volume features classic articles from the acclaimed Encyclopedia of Statistical Sciences, Second Edition along with brand-new contributions written by today's leading academics and practitioners. The result is a compilation that explores classic methodology and new topics, including: Analytical methods for risk management Statistical modeling for online auctions Ranking and selection in mutual funds Uses of Black-Scholes formula in finance Data mining in prediction markets From auditing and marketing to stock market price indices and banking, the presented literature sheds light on the use of quantitative methods in research relating to common financial applications. In addition, the book supplies insight on common uses of statistical techniques such as Bayesian methods, optimization, simulation, forecasting, mathematical modeling, financial time series, and data mining in modern research. Providing a blend of traditional methodology and the latest research, Methods and Applications of Statistics in Business, Finance, and Management Science is an excellent reference for researchers, managers, consultants, and students in the fields of business, management science, operations research, supply chain management, mathematical finance, and economics who must understand statistical literature and carry out quantitative practices to make smart business decisions in their everyday work.

Introductory Business Statistics 2e

Introductory Business Statistics 2e PDF Author: Alexander Holmes
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 1801

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Book Description
Introductory Business Statistics 2e aligns with the topics and objectives of the typical one-semester statistics course for business, economics, and related majors. The text provides detailed and supportive explanations and extensive step-by-step walkthroughs. The author places a significant emphasis on the development and practical application of formulas so that students have a deeper understanding of their interpretation and application of data. Problems and exercises are largely centered on business topics, though other applications are provided in order to increase relevance and showcase the critical role of statistics in a number of fields and real-world contexts. The second edition retains the organization of the original text. Based on extensive feedback from adopters and students, the revision focused on improving currency and relevance, particularly in examples and problems. This is an adaptation of Introductory Business Statistics 2e by OpenStax. You can access the textbook as pdf for free at openstax.org. Minor editorial changes were made to ensure a better ebook reading experience. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution 4.0 International License.

Promoting Statistical Practice and Collaboration in Developing Countries

Promoting Statistical Practice and Collaboration in Developing Countries PDF Author: O. Olawale Awe
Publisher: CRC Press
ISBN: 1000594416
Category : Mathematics
Languages : en
Pages : 741

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Book Description
"Rarely, but just often enough to rebuild hope, something happens to confound my pessimism about the recent unprecedented happenings in the world. This book is the most recent instance, and I think that all its readers will join me in rejoicing at the good it seeks to do. It is an example of the kind of international comity and collaboration that we could and should undertake to solve various societal problems. This book is a beautiful example of the power of the possible. [It] provides a blueprint for how the LISA 2020 model can be replicated in other fields. Civil engineers, or accountants, or nurses, or any other profession could follow this outline to share expertise and build capacity and promote progress in other countries. It also contains some tutorials for statistical literacy across several fields. The details would change, of course, but ideas are durable, and the generalizations seem pretty straightforward. This book shows every other profession where and how to stand in order to move the world. I urge every researcher to get a copy!" —David Banks from the Foreword Promoting Statistical Practice and Collaboration in Developing Countries provides new insights into the current issues and opportunities in international statistics education, statistical consulting, and collaboration, particularly in developing countries around the world. The book addresses the topics discussed in individual chapters from the perspectives of the historical context, the present state, and future directions of statistical training and practice, so that readers may fully understand the challenges and opportunities in the field of statistics and data science, especially in developing countries. Features • Reference point on statistical practice in developing countries for researchers, scholars, students, and practitioners • Comprehensive source of state-of-the-art knowledge on creating statistical collaboration laboratories within the field of data science and statistics • Collection of innovative statistical teaching and learning techniques in developing countries Each chapter consists of independent case study contributions on a particular theme that are developed with a common structure and format. The common goal across the chapters is to enhance the exchange of diverse educational and action-oriented information among our intended audiences, which include practitioners, researchers, students, and statistics educators in developing countries.

Modern Industrial Statistics

Modern Industrial Statistics PDF Author: Shelemyahu Zacks
Publisher: John Wiley & Sons
ISBN: 1118763696
Category : Mathematics
Languages : en
Pages : 740

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Book Description
Fully revised and updated, this book combines a theoretical background with examples and references to R, MINITAB and JMP, enabling practitioners to find state-of-the-art material on both foundation and implementation tools to support their work. Topics addressed include computer-intensive data analysis, acceptance sampling, univariate and multivariate statistical process control, design of experiments, quality by design, and reliability using classical and Bayesian methods. The book can be used for workshops or courses on acceptance sampling, statistical process control, design of experiments, and reliability. Graduate and post-graduate students in the areas of statistical quality and engineering, as well as industrial statisticians, researchers and practitioners in these fields will all benefit from the comprehensive combination of theoretical and practical information provided in this single volume. Modern Industrial Statistics: With applications in R, MINITAB and JMP: Combines a practical approach with theoretical foundations and computational support. Provides examples in R using a dedicated package called MISTAT, and also refers to MINITAB and JMP. Includes exercises at the end of each chapter to aid learning and test knowledge. Provides over 40 data sets representing real-life case studies. Is complemented by a comprehensive website providing an introduction to R, and installations of JMP scripts and MINITAB macros, including effective tutorials with introductory material: www.wiley.com/go/modern_industrial_statistics.

Applied Data Mining for Business and Industry

Applied Data Mining for Business and Industry PDF Author: Paolo Giudici
Publisher: John Wiley & Sons
ISBN: 0470745827
Category : Mathematics
Languages : en
Pages : 258

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Book Description
The increasing availability of data in our current, information overloaded society has led to the need for valid tools for its modelling and analysis. Data mining and applied statistical methods are the appropriate tools to extract knowledge from such data. This book provides an accessible introduction to data mining methods in a consistent and application oriented statistical framework, using case studies drawn from real industry projects and highlighting the use of data mining methods in a variety of business applications. Introduces data mining methods and applications. Covers classical and Bayesian multivariate statistical methodology as well as machine learning and computational data mining methods. Includes many recent developments such as association and sequence rules, graphical Markov models, lifetime value modelling, credit risk, operational risk and web mining. Features detailed case studies based on applied projects within industry. Incorporates discussion of data mining software, with case studies analysed using R. Is accessible to anyone with a basic knowledge of statistics or data analysis. Includes an extensive bibliography and pointers to further reading within the text. Applied Data Mining for Business and Industry, 2nd edition is aimed at advanced undergraduate and graduate students of data mining, applied statistics, database management, computer science and economics. The case studies will provide guidance to professionals working in industry on projects involving large volumes of data, such as customer relationship management, web design, risk management, marketing, economics and finance.

Data Analysis for Business, Economics, and Policy

Data Analysis for Business, Economics, and Policy PDF Author: Gábor Békés
Publisher: Cambridge University Press
ISBN: 1108483011
Category : Business & Economics
Languages : en
Pages : 741

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Book Description
A comprehensive textbook on data analysis for business, applied economics and public policy that uses case studies with real-world data.

Statistical Methods for Evaluating Safety in Medical Product Development

Statistical Methods for Evaluating Safety in Medical Product Development PDF Author: A. Lawrence Gould
Publisher: John Wiley & Sons
ISBN: 1119979668
Category : Medical
Languages : en
Pages : 390

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Book Description
This book gives professionals in clinical research valuable information on the challenging issues of the design, execution, and management of clinical trials, and how to resolve these issues effectively. It also provides understanding and practical guidance on the application of contemporary statistical methods to contemporary issues in safety evaluation during medical product development. Each chapter provides sufficient detail to the reader to undertake the design and analysis of experiments at various stages of product development, including comprehensive references to the relevant literature. Provides a guide to statistical methods and application in medical product development Assists readers in undertaking design and analysis of experiments at various stages of product development Features case studies throughout the book, as well as, SAS and R code