By S. Christian Albright, Wayne L. Winston
Develop into a grasp of information research, modeling, and spreadsheet use with enterprise ANALYTICS: info research AND determination MAKING, 5E! This quantitative equipment textual content presents clients with the instruments to be triumphant with a teach-by-example technique, student-friendly writing kind, and whole Excel 2013 integration. it's also suitable with Excel 2010 and 2007. challenge units and instances supply practical examples to teach the relevance of the fabric. The better half site comprises: the Palisade DecisionTools Suite (@RISK, StatTools, PrecisionTree, TopRank, RISKOptimizer, NeuralTools, and Evolver); SolverTable, which lets you do sensitivity research; information and strategies records, PowerPoint slides, and educational video clips.
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All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. Due to electronic rights, some third party content may be suppressed from the eBook and/or eChapter(s). Editorial review has deemed that any suppressed content does not materially affect the overall learning experience. Cengage Learning reserves the right to remove additional content at any time if subsequent rights restrictions require it. 5 We use only the irst four in this book, but all are useful for certain tasks and are described briely below.
For example, once a given set of data is analyzed, it might be apparent that even more data needs to be collected. As we discuss the tools for analyzing data, we will often jump into the third step directly, providing you with a data set to analyze. Although this data set may not be directly connected to the goal of solving some company’s problem, you should still strive to ask 2-1 Introduction 21 Copyright 201 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part.
There is arguably no more important Excel function than VLOOKUP, so you should deinitely learn how to use it. Numerical variables can be classiied as discrete or continuous. The basic distinction is whether the data arise from counts or continuous measurements. The variable Children is clearly a count (discrete), whereas the variable Salary is best treated as continuous. This distinction between discrete and continuous variables is sometimes important because it dictates the most natural type of analysis.
Business Analytics: Data Analysis & Decision Making by S. Christian Albright, Wayne L. Winston