Managers make better business decisions when they understand statistics. Gives students the statistical tools and understanding to take them from the classroom to the boardroom. Hundreds of examples are based on current events and timely business topics. Short, accessible chapters allow for flexible coverage of important topics. Includes Guided Examples that feature the authors' signature Plan/Do/Report problem-solving method. Each worked example shows students how to clearly define the business decision to be made and plan which method to use, do the calculations and make the graphical displays, and finally report their findings, often in the form of a business memo. Every chapter reminds students of What Can Go Wrong and teaches them how to avoid making common statistical mistakes.