Average Reviews:
(More customer reviews)The idea behind this book is excellent, covering the practical aspects of statistics (and some management science) required in business. However, the text is riddled with errors and the explanation of the underlying concepts leaves much to be desired. The only thing that prevented me from rating it 1 star is the useful guides on solving problems within Excel and its add-ins, albeit that old versions of the software are used. There are much better books available.
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Spreadsheet Modeling for Business Decisions focuses on five fundamental topics of business decision modeling; emphasizing the effective communication of results to the appropriate business decision maker.The topics include spreadsheet modeling, data management and modeling, simulation and linear regression modeling, and decision making under uncertainty. The text strives to educate managers in the process of becoming more effective and efficient problem solvers by providing the most important and useful topics within business decision models while at the same time preparing students to apply those topics to real-world problems, to integrate the use of common software packages into their analysis and solutions, and to prepare written and verbal conclusions from that analysis.
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