Wednesday, August 28, 2013

Data Analysis and Decision Making, 4th Edition, S. Christian Albright




DATA ANALYSIS AND DECISION MAKING is a teach-by-example approach, learner-friendly writing style, and complete Excel integration focusing on data analysis, modeling, and spreadsheet use in statistics and management science. The Premium Online Content Website (accessed by a unique code with every new book) includes links to the following add-ins: the Palisade Decision Tools Suite (@RISK, StatTools, PrecisionTree, TopRank, RISKOptimizer, NeuralTools, and Evolver); and SolverTable, allowing users to do sensitivity analysis.

All of the add-ins is revised for Excel 2007 and notes about Excel 2010 are added where applicable.

I thought I was saving money with the Kindle version of this book, but unfortunately found out that I have to purchase the CD-ROM access code separately. I wish Amazon made this more blatantly clear to me.

The book itself, however, is quite good.

I really liked this book! Mainly because when you compare it to other stats books this breaks everything down to a very elementary level but in a way that you can catch on but won't take too long getting the point. With that being said there were a few things I didn't like (why I didn't give it five stars).
1. The books references too much of the Palisades software. I know it's great software but there is no reason to keep expressing that.
2. The authors often say later in the chapter, later in the book, in a later section, we won't get to it in this book, etc.

I get the point but it's not necessary to tell me what I will not be reading in a particular section, just stick to the text no need for a heads up. Other than that the book is five stars in my eyes -so let's give them four.

This textbook is pretty good. It is laid out in a manor that is fairly easy to follow and one can read the chapters and try the exercises in Excel as they go and learn pretty well on their own. This book is a good companion to the course and unlike a lot of textbooks I'm actually using this one in my studies.

Product Details :

  • Hardcover: 1080 pages
  • Publisher: Cengage Learning; 4 edition (October 12, 2010)
  • Language: English
  • ISBN-10: 0538476125
  • ISBN-13: 978-0538476126
  • Product Dimensions: 1.7 x 8.3 x 10 inches


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