About the Book Many new and updated exercises, based on contemporary business-related studies and real data, have been added. Most of these exercises foster and promote critical thinking skills. The authors analyzed aggregated student usage and performance data from MyMathLab for the previous edition of this text. The results of this analysis helped improve the quality and quantity of exercises that matter the most to instructors and students.  All printouts from statistical software (Excel 2016/XLSTAT, SPSS, MINITAB and the TI-84 Graphing Calculator), and corresponding instructions for use, have been revised to reflect the latest versions of the software. Two of the 14 Statistics in Action cases are new, each based on real data from a recent business study; several others have been updated.   Boxes emphasizing the importance of ethical behavior when collecting, analyzing, and interpreting data with statistics have been added, where appropriate. The importance of statistical thinking to successful business analytics is established early in the text. ·    Chapter-by-chapter updates include: In Chapter 1, an introduction to business analytics is now provided in Section 1.7, establishing the value of sound statistical thinking to successful applications of business analytics. In Chapter 5, after a discussion of the sampling distribution of the sample mean (Section 5.3), the text helps the student decide when to use σ or σ/√n in their statistical analysis. In Chapter 7, in the case of testing a population proportion with small samples, material on exact binomial tests has been added to Section 7.6.   In Chapter 8, sample size formulas for the case of unequal samples have been added to Section 8.5. In Chapter 10, to handle the case of small samples, Fisher's exact test for independence in a 2x2 contingency table is now included in Section 10.3.      Pearson MyLabTM Statistics not included. Students, if MyLab is a recommended/mandatory component of the course, please ask your instructor for the correct ISBN and course ID. MyLab should only be purchased when required by an instructor. Instructors, contact your Pearson representative for more information. ·    Learning Catalytics™ helps you generate class discussion, customize your lecture, and promote peer-to-peer learning with real-time analytics. As a student response tool, Learning Catalytics uses students’ smartphones, tablets, or laptops to engage them in more interactive tasks and thinking. Upload a full PowerPoint® deck for easy creation of slide questions. Team names are no longer case sensitive.   Support students as they learn to use statistical software, to save valuable class time and prepare them for their future careers--whatever they may be Tech-Specific Video Tutorials are short, topical videos that address how to use varying technologies, including Excel, to complete exercises. When working any exercise that includes a data set, students can export that data easily in a single click, which minimizes their time doing data entry and keeps their focus on solving the problem. Tech Assumed Questions in Pearson MyLab Statistics: Exercises marked with a "-T" assume the use of technology throughout the exercise and accompanying learning aids.  A "Tech Help" button gives access to Technology Tutorial videos for all Pearson MyLab Statistics exercises that  require it. These videos are appropriate for any software.