Munich Personal RePEc Archive

Companion for “Statistics for Business and Economics” by Paul Newbold, William L. Carlson and Betty Thorne

Mynbaev, Kairat (2010): Companion for “Statistics for Business and Economics” by Paul Newbold, William L. Carlson and Betty Thorne.

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Abstract

This is a mathematical companion for “Statistics for Business and Economics” by Paul Newbold, William L. Carlson and Betty Thorne, London: Prentice-Hall, 2003, 6th edition. It contains derivations of most formulas from the first 12 chapters of that textbook. Most importantly, the companion provides methodological recommendations as to how statistics should be studied and teaches the reader to learn algebra from scratch. There are 21 examples, 57 exercises, 16 figures and 30 tables. Step-by-step instructions for Monte Carlo simulations in Excel are included.

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