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Business Analytics Principles, Concepts, and Applications with SAS: What, Why, and How
book

Business Analytics Principles, Concepts, and Applications with SAS: What, Why, and How

by Marc J. Schniederjans, Dara G. Schniederjans, Christopher M. Starkey
October 2014
Beginner content levelBeginner
352 pages
8h 26m
English
Pearson
Content preview from Business Analytics Principles, Concepts, and Applications with SAS: What, Why, and How

A. Statistical Tools

A.1 Introduction

The purpose of this appendix is to provide a brief overview of some basic statistical tools, including counting, probability concepts, probability distributions, and statistical testing. Other statistical methods and testing content will be presented in chapters and other appendixes.

A.2 Counting

Counting is an important prerequisite for computing probabilities. A probability example is usually made up of the ratio of a few observed behaviors over the total of all possible behaviors:

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To use this probability formula, we must determine both the numerator and the denominator of the probability estimate ratio. ...

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Publisher Resources

ISBN: 9780133989588Purchase book