Business Analytics
3rd Edition
About This Book
This book provides a comprehensive introduction to the fundamental concepts of business analytics, covering descriptive, predictive, and prescriptive analytics. It integrates the use of software tools such as Microsoft Excel and various add-ins to demonstrate how data-driven decision-making is applied in modern business environments.
Book Review | Amerbach
Business Analytics by James R. Evans serves as a foundational resource for students entering the field of data-driven management. The book is structured to guide the reader through the three primary pillars of analytics: descriptive, predictive, and prescriptive. By emphasizing a conceptual understanding alongside practical application, the book ensures that students can bridge the gap between statistical theory and real-world business problem-solving. A notable characteristic of this work is its heavy reliance on Microsoft Excel as the primary computational tool, which makes the complex methodologies accessible to students who may not have extensive programming backgrounds. The scope of the book is broad, covering data visualization, statistical inference, regression analysis, forecasting, and optimization techniques. Each chapter is supported by illustrative examples and case studies that reflect contemporary business challenges, allowing for a contextualized learning experience. The organization of the material is logical, moving from basic data handling to more sophisticated modeling techniques, which provides a clear pedagogical path for instructors and students alike. The book is particularly well-suited for undergraduate business curricula where the objective is to equip future managers with the ability to interpret data and make informed decisions. Its focus on the 'why' and 'how' of analytics, rather than just the mathematical derivation, positions it as a practical guide for those who need to apply analytical tools in professional settings. From an Amerbach perspective, this book occupies a central place in the introductory analytics canon. It succeeds by demystifying the quantitative aspects of business strategy, providing a robust framework that balances technical rigor with managerial relevance. It is an essential reference for those seeking to build a solid foundation in the analytical methods that underpin modern organizational success.
Academic Use
Introductory Business Analytics courses
Who Is It For?
Undergraduate students in business administration, management, or information systems programs.
Table of Contents
- 1. Introduction to Business Analytics
- 2. Analytics on Spreadsheets
- 3. Visualizing and Exploring Data
- 4. Descriptive Statistical Measures
- 5. Probability Distributions and Data Modeling
- 6. Sampling and Estimation
- 7. Statistical Inference
- 8. Trendlines and Regression Analysis
- 9. Forecasting Techniques
- 10. Introduction to Data Mining
- 11. Spreadsheet Modeling and Analysis
- 12. Linear Programming
- 13. Optimization and Decision Analysis
- 14. Decision Analysis.