Business Statistics, 4th edition

Published by Pearson (May 16, 2025) © 2026

  • Robert A. Donnelly Goldey-Beacom College
  • Serina Haddad Rollins College
eTextbook in Pearson+

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In this eTextbook — More ways to learn

  • More flexible. Start learning right away, on any device.
  • More supportive. Get AI explanations and practice questions (select titles).
  • More interactive. Bring learning to life with audio, videos, and diagrams.
  • More memorable. Make concepts stick with highlights, search, notes, and flashcards.
  • More understandable. Translate text into 100+ languages with one tap.

Title overview

Learning business statistics will give you invaluable tools to make data-driven business decisions and enhance your value proposition in the job market. Business Statistics is written in a friendly tone that will draw you into the subject, and the authors’ straightforward approach clearly explains each concept and its importance directly. Abundant margin notes clarify topics; a variety of applications and Your Turn practice opportunities in each chapter help you see business statistics in action, both in the classroom and the world around us.

The 4th Edition enhances its focus on technology for learning statistics, covering Excel native functions and the Data Analysis Add-in along with guidance on how to use PHStat. Business examples are updated throughout, including AI usage in American businesses; the probability of a future BP-like oil spill; comparing satisfaction scores for smartphone brands to help businesses better understand consumer preferences; the impacts of the COVID-19 pandemic on business operations, employment and the supply chain, and many more.

Table of contents

  • 1. An Introduction to Business Statistics
  • 2. Displaying Descriptive Statistics
  • 3. Calculating Descriptive Statistics
  • 4. Introduction to Probabilities
  • 5. Discrete Probability Distributions
  • 6. Continuous Probability Distributions
  • 7. Sampling and Sampling Distributions
  • 8. Confidence Intervals
  • 9. Hypothesis Testing for a Single Population
  • 10. Hypothesis Tests Comparing Two Populations
  • 11. Analysis of Variance (ANOVA) Procedures
  • 12. Chi-Square Tests
  • 13. Hypothesis Tests for the Population Variance
  • 14. Correlation and Simple Linear Regression
  • 15. Multiple Regression and Model Building
  • 16. Forecasting
  • 17. Decision Analysis (online)
  • 18. Nonparametric Statistics (online)

Appendices

  • A. Tables
  • B. Answers to Selected Even-Numbered Problems

Photo Credits

Index

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