Basic Statistics for Business and Economics

Basic Statistics for Business and Economics Author(s): Douglas Lind, William Marchal, Samuel Wathen

Difference between 8th and 7th editions
Side by side comparison of table of contents helps to figure out the most significant changes.

Key differences between 8th and 7th editions

  • Time lapse between previous and current publications: 2 years (2010 vs 2012).
  • Lind/Marchal/Wathen's Basic Statistics for Business and Economics textbook was first published in 1993.
  • The Eighth Ed. is organized in to 15 Chapters -- just as the older Seventh Ed, but includes many nw and updated exercises.
  • In the Chapter 9 two separate sections 9.2 and 9.3 cover point estimation and confidence. Previously this material was covered in a single section "Point Estimates and Confidence Intervals for a Mean".
  • Chapter 13 "Correlation and Linear Regression" (formerly labeled as "Linear Regression and Correlation") has been reorganized and includes new section 13.6 on regression slope test .
  • Former Chapter 14 "Multiple Regression and Correlation Analysis" is now referred to as "Multiple Regression Analysis". This chapter includes new sections:
    • 14.7 Stepwise regression, a semi-automated process of selecting a subset of variables.
    • 14.8 Review of multiple regression
  • Chapter 15 "Nonparametric Methods" (formerly labeled as "Chi-Square Applications") now includes two new sections on:
    • 15.5 Hypothesis testing of a single population mean when sampling is from a normally distributed population
    • 15.6 Graphical and numerical methods of assessing normality
8th Edition of
Basic Statistics for Business and Economics
Hardcover, 624 pages
ISBN-10: 0073521477
ISBN-13: 9780073521473
Published by: McGraw-Hill/Irwin, January 18, 2012
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From: $44.44
with Connect Plus
ISBN-10: 007792262X
ISBN-13: 9780077922627
Published by: McGraw-Hill/Irwin, October 25, 2011
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From: $40.00
7th Edition of
Basic Statistics for Business and Economics
with Formula Card
Hardcover, 566 pages
ISBN-10: 0077384474
ISBN-13: 9780077384470
Published by: McGraw-Hill/Irwin, January 11, 2010
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From: $2.32
Hardcover, 568 pages
ISBN-10: 0073401781
ISBN-13: 9780073401782
Published by: McGraw Hill Higher Education, February 01, 2010
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From: $13.64
6th Edition of
Basic Statistics for Business and Economics
with Student CD
Hardcover, 582 pages
ISBN-10: 0077230965
ISBN-13: 9780077230968
Published by: McGraw-Hill/Irwin, November 07, 2007
Book StoreNewUsedRent
From: $1.60

Saving advice

  • Used 8th edition can save you $100.56 over the new one.
  • Used previous 7th edition costs $42.12 less than the used 8th.

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