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Introductory Business Statistics

(2 reviews)

Lex Holmes, University of Oklahoma

Barbara Illowsky, De Anza College

Susan Dean, De Anza College

Pub Date: 2017

ISBN 13: 9781947172470

Publisher: OpenStax

Language: English

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Reviewed by Alan Weber, Full-Time Lecturer, University of Missouri at Kansas City on 5/22/18

Very good for an introductory book. Actually better than the text I've used in the past, covering several key areas such as types of distributions. The authors chose specific enough statistics that students do not need more than the free... read more


Reviewed by William M. Easley, Instructor (Business Statistics), University of New Orleans on 5/22/18

How one assesses the comprehensiveness of this text depends on one’s purpose. It is purportedly designed for a one-semester course. For that (at least relative to business students at UNO), it is too long -- and too long on the mathematics. For a... read more


Table of Contents


  • 1 Sampling and Data
  • 2 Descriptive Statistics
  • 3 Probability Topics
  • 4 Discrete Random Variables
  • 5 Continuous Random Variables
  • 6 The Normal Distribution
  • 7 The Central Limit Theorem
  • 8 Confidence Intervals
  • 9 Hypothesis Testing with One Sample
  • 10 Hypothesis Testing with Two Samples
  • 11 The Chi-Square Distribution
  • 12 F Distribution and One-Way ANOVA
  • 13 Linear Regression and Correlation

Statistical Tables
Mathematical Phrases, Symbols, and Formulas

About the Book

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.

About the Contributors


Lex Holmes is a Professor in the Economics department at University of Oklahoma, Norman, OK

Barbara Illowsky is a Professor of Mathematics & Statistics at De Anza College.

Susan Dean is a Professor in the Mathematics department at De Anza College, Cupertino, CA.