Introductory Business Statistics (fall 2020 Corrected Edition)

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Introductory Business Statistics is designed to meet the scope and sequence requirements of the one-semester statistics course for business, economics, and related majors. Core statistical concepts and skills have been augmented with practical business examples, scenarios, and exercises. The result is a meaningful understanding of the discipline, which will serve students in their business careers and real-world experiences. Senior Contributing Authors Alexander Holmes, The University of Oklahoma Barbara Illowsky, De Anza College Susan Dean, De Anza College Contributing Authors Kevin Hadley, Federal Reserve Bank of Kansas City

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Introductory Business Statistics SENIOR CONTRIBUTING AUTHORS ALEXANDER HOLMES, THE UNIVERSITY OF OKLAHOMA BARBARA ILLOWSKY, DE ANZA COLLEGE SUSAN DEAN, DE ANZA COLLEGE OpenStax Rice University 6100 Main Street MS-375 Houston, Texas 77005 To learn more about OpenStax, visit https://openstax.org. Individual print copies and bulk orders can be purchased through our website. ©2018 Rice University. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution 4.0 International License (CC BY 4.0). Under this license, any user of this textbook or the textbook contents herein must provide proper attribution as follows: - - - - If you redistribute this textbook in a digital format (including but not limited to PDF and HTML), then you must retain on every page the following attribution: “Download for free at https://openstax.org/details/books/introductory-business-statistics.” If you redistribute this textbook in a print format, then you must include on every physical page the following attribution: “Download for free at https://openstax.org/details/books/introductory-business-statistics.” If you redistribute part of this textbook, then you must retain in every digital format page view (including but not limited to PDF and HTML) and on every physical printed page the following attribution: “Download for free at https://openstax.org/details/books/introductory-business-statistics.” If you use this textbook as a bibliographic reference, please include https://openstax.org/details/books/introductory-business-statistics in your citation. For questions regarding this licensing, please contact [email protected] Trademarks The OpenStax name, OpenStax logo, OpenStax book covers, OpenStax CNX name, OpenStax CNX logo, OpenStax Tutor name, Openstax Tutor logo, Connexions name, Connexions logo, Rice University name, and Rice University logo are not subject to the license and may not be reproduced without the prior and express written consent of Rice University. PRINT BOOK ISBN-10 PRINT BOOK ISBN-13 PDF VERSION ISBN-10 PDF VERSION ISBN-13 Revision Number Original Publication Year 1-947172-46-8 978-1-947172-46-3 1-947172-47-6 978-1-947172-47-0 IBS-2017-001(03/18)-LC 2017 OPENSTAX OpenStax provides free, peer-reviewed, openly licensed textbooks for introductory college and Advanced Placement® courses and low-cost, personalized courseware that helps students learn. A nonprofit ed tech initiative based at Rice University, we’re committed to helping students access the tools they need to complete their courses and meet their educational goals. RICE UNIVERSITY OpenStax, OpenStax CNX, and OpenStax Tutor are initiatives of Rice University. As a leading research university with a distinctive commitment to undergraduate education, Rice University aspires to path-breaking research, unsurpassed teaching, and contributions to the betterment of our world. It seeks to fulfill this mission by cultivating a diverse communit
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