Business Statistics Research Articles

A Problem-Solving Approach to Teaching Business Statistics

A Problem-Solving Approach to Teaching Business Statistics

A Problem-Solving Approach to Teaching Business Statistics

Abstract This article proposes a way to make the business-statistics course more relevant to future managers by designing the course around the activity of problem solving. A structured problem-solving framework is proposed, and ways to teach a variety of data analysis tools in the context of problem solving are outlined. This design is appealing because it emphasizes the use of statistics and data analysis in an activity that is important to managers. Students can see how to use statistical thinking in a context that will be important in their future careers.

Special Section on Small-Sample Properties of Generalized Method of Moments (GMM) Associate Editor's Introduction

(1996). Special Section on Small-Sample Properties of Generalized Method of Moments (GMM) Associate Editor's Introduction. Journal of Business & Economic Statistics: Vol. 14, No. 3, pp. 261-261.

Business statistics of the United States

Business statistics of the United States

Myths and Realities: Family Businesses' Contribution to the US Economy— A Framework for Assessing Family Business Statistics

This article presents a framework for assessing commonly accepted family business statistics, based on the criteria used to define a family business. Using existing research from multiple fields and sources, a range is extrapolated for the total number of family businesses in the US, their contribution to Gross Domestic Product (GDP) and employment.

Statistics for Business

Statistics for Business

Statistics for Business

Statistics for Business

Business Statistics for Quality and Productivity

Business Statistics for Quality and Productivity

Book Reviews

Abstract Statistics for Managers. Ulrich MENZEFRICKE. Belmont, CA: Duxbury Press, 1995. xvii + 682 pp. $45.00. Business Statistics for Quality and Productivity. D. M. Levine, P. P. Ramsey, and M. L. Berenson. Englewood Cliffs, NJ: Prentice-Hall, 1995. xvii + 840 pp. $50.50. reviewed by: Thomas Johnson A Casebook for a First Course in Statistics and Data Analysis. S. Chatterjee, M. S. Handcock, and J. S. Simonoff. New York: John Wiley & Sons, 1995. xi + 314 pp. $24.95. reviewed by: Alan Agresti Essential Statistics (3rd ed). D. G. Rees. New York: Chapman & Hall, 1995. xv + 265 pp. $22.50. reviewed by: Elizabeth M. Eltinge Statistics in Engineering: A Practical Approach Andrew V. Metcalfe. London: Chapman & Hall, 1994. 446 pp. £17.99. reviewed by: Chand Midha

The Fifth Tiger: A Study of Thai Development Policy. By Robert J. Muscat. Armonk, N.Y.: M.E. Sharpe, 1994. xv, 339 pp. $59.95 (cloth); $22.50 (paper).

This fully updated fourth edition of this popular guide introduces readers to the collection, uses, and interpretation of statistical data in the social sciences. Since it has been nearly 15 years since the third edition first appeared, this is a heavily updated edition. Separate chapters are the national economy, wealth, income, poverty, labor, business statistics, and public opinion polling, with a concluding chapter devoted to the common problem of ambiguity in social science statistics. Each chapter includes multiple case studies illustrating the controversies, overview of data sources including web sites, chapter summary and a set of case study questions designed to stimulate further thought, and detailed notes providing references for all the controversies discussed in the chapter.

Undergraduate Business Statistics: A Survey of Topics and Teaching Methods

Participants in the annual conferences on “Making statistics more effective in schools of business” have made recommendations for improving the teaching of statistics in schools of business. To determine what is being taught and how it is being taught in terms of these recommendations, we surveyed professors teaching undergraduate business statistics courses. We found that hypothesis testing receives the greatest share of coverage and quality control the least. Computers are not used in one quarter of the courses, and lecturing is still the dominant teaching method. When asked for a wish list of changes, professors most often listed greater use of computers and more relevant data.

Statistics for Business: Data Analysis and Modelling

Statistics for Business: Data Analysis and Modelling

Business Statistics as a Vehicle for Transcending U.S. Borders

Abstract Internationalization of the business curriculum to prepare students for the challenges of a global economy is mandated by the AACSB. This article explores the potential for internationalizing the required course in business statistics. An examination of current textbooks in the field reveals a noticeable absence of problems, exercises, or applications dealing with international material. We here describe our experience incorporating international material throughout the business statistics course. Student reaction to this course was generally positive.

The Zellner Thesis Award in Business and Economic Statistics

The Zellner Thesis Award in Business and Economic Statistics

Statistics for Business: Data Analysis and Modeling

Statistics for Business: Data Analysis and Modeling

Elementary Business Statistics: The Modern Approach (Sixth Edition).

Elementary Business Statistics: The Modern Approach (Sixth Edition).

Teamwork

This article describes a team-based project developed for undergraduate students in both business communication and business statistics classes in a small, midwestern college. More than 94% of the students endorsed the usefulness of the project, which was designed to help them develop communication competencies in multiple areas: working in teams, writing collaboratively, participating in meetings, and giving and receiving constructive criticism. The project presents a model of collaboration between instructors in business departments.

Associate Editor's Introduction: Changes in Regime and the Business Cycle

(1994). Associate Editor's Introduction: Changes in Regime and the Business Cycle. Journal of Business & Economic Statistics: Vol. 12, No. 3, pp. 267-267.

Teacher 2000: A New Tool For Multimedia Teaching of Introductory Business Statistics

This article explores the use of multimedia in an introductory business statistics course through a new computer vehicle called Teacher 2000. Traditional educational processes are reviewed and rein...

Assessing Textbook Coverage of Quality Topics in Business Education

Abstract Textbooks in introductory statistics and production operations management during three time periods (1982, 1985–1988, and 1989–1992) were examined for their coverage of topics relevant to total quality management (TQM). Business statistics textbooks during the first two periods provided little coverage of quality, but there was a sharp improvement in the most recent period. Production and operations management textbooks contain much stronger coverage than statistics textbooks. Textbook publishers are addressing the growing importance of TQM, but textbooks tell only part of the story. This article identifies factors that may influence classroom coverage of TQM, suggests ways to strengthen teaching of TQM, and proposes future directions for research.