Product Description

Master data analysis, modeling, and spreadsheet use with DATA ANALYSIS AND DECISION MAKING WITH MICROSOFT EXCEL! With a teach-by-example approach, student-friendly writing style, and complete Excel integration, this quantitative methods text provides you with the tools you need to succeed. Margin notes, boxed-in definitions and formulas in the text, enhanced explanations in the text itself, and stated objectives for the examples found throughout the text make studying easy. Problem sets and cases provide realistic examples that enable you to see the relevance of the material to your future as a business leader. The CD-ROMs packaged with every new book include the following add-ins: the Palisade Decision Tools Suite (@RISK, StatTools, PrecisionTree, TopRank, and RISKOptimizer); and SolverTable, which allows you to do sensitivity analysis. All of these add-ins have been revised for Excel 2007.

Product Details

• Amazon Sales Rank: #62235 in Books
• Published on: 2008-06-24
• Original language: English
• Number of items: 1
• Binding: Hardcover
• 1090 pages

Review
"I want to commend you and your colleagues on Data Analysis and Decision Making.That textbook is one of the most well organized, well written and usefulbooks I have used in either undergraduate or graduate studies. Any questionI had while going through the course was easy to find and well answered.The use of Excel and Palisades tools was excellent.Thank you for taking the time and effort to publish such a great reference.It will surely be on my bookshelf for many years."

About the Author
S. Christian Albright received his B.S. degree in mathematics from Stanford in 1968 and his Ph.D. in operations research from Stanford in 1972. Since then, he has been teaching in the Operations and Decision Technologies Department in the Kelley School of Business at Indiana University. He has taught courses in management science, computer simulation, and statistics to all levels of business students: undergraduates, MBAs, and doctoral students. He has published over twenty articles in leading operations research journals in the area of applied probability, and he has authored other successful South-Western titles, including DATA ANALYSIS AND DECISION MAKING, DATA ANALYSIS FOR MANAGERS, PRACTICAL MANAGEMENT SCIENCE, and SPREADSHEET MODELING AND APPLICATIONS. His current interest is in spreadsheet modeling, including development of VBA applications in Excel®.

Wayne L. Winston is Professor of Operations and Decision Technologies in the Kelley School of Business at Indiana University, where he has taught since 1975. Wayne received his B.S. degree in Mathematics from MIT and his Ph.D. degree in Operations Research from Yale. He has written the successful textbooks OPERATIONS RESEARCH: APPLICATIONS AND ALGORITHMS, MATHEMATICAL PROGRAMMING: APPLICATIONS AND ALGORITHMS, SIMULATION MODELING WITH @RISK, PRATICAL MANAGEMENT SCIENCE, DATA ANALYSIS FOR MANAGERS, SPREADSHEET MODELING AND APPLICATIONS, AND FINANCIAL MODELS USING SIMULATION AND OPTIMIZATION. Wayne has published over 20 articles in leading journals and has won many teaching awards, including the school-wide MBA award four times. His current interest is in showing how spreadsheet models can be used to solve business problems in all disciplines, particularly in finance and marketing.

Chris Zappe earned his BA in mathematics from DePauw University in 1983 and his MBA and Ph.D. in Decision Sciences from Indiana University in 1987 and 1988, respectively. Between 1988 and 1993, he performed research and taught various courses in the decision sciences area at the University of Florida in the College of Business Administration. Since 1993, Chris has been serving as an associate professor of decision sciences in the Department of Management at Bucknell University. He currently teaches undergraduate courses in business statistics, decision analysis, and computer simulation. Moreover, Chris teaches advanced seminars in applied game theory, system dynamics, risk assessment, and mathematical economics. He has published articles in various journals including Managerial and Decision Economics, OMEGA, Naval Research Logistics, and Interfaces, and is co-author of DATA ANALYSIS FOR MANAGERS. His current scholarly interests focus on mathematical programming models of performance appraisal processes and innovative pedagogies in operations research/management science.

Customer Reviews

Better Title: Intro to Statistics using Excel Add-ins
On the positive side, this book has many excellent case studies and examples. It is well written and interesting. However, I was disappointed, as I was expecting use of Excel to rigorously solve decision making and data analysis problems. The focus of the book is mostly traditional statistics solved using a group of commercial add-ins for Excel. If this is what you want, then the book would get five stars. However, for data analysis and decision making, I think a more thorough treatment using Excel without relying so much on the add-ins would have been appropriate.

Strong Software Addition:
This book was put together in the same 'spirit' as previous other Winston books; good examples, well thought out attack approaches; as well as a good summary of all the types of problems encountered in the text! I have several other of Winston books, so I'm reasonably happy with his work! I am growing a little frustrated with winston et al. over the fact that they offer no solutions or answers to the many exercise problems contained throughout the text. I don't think Winston realizes that professionals outside of the classroom are buying these books and don't have the luxury of a professor sharing answers to the problems. This is where I think he can improve. The software addition, from palisades was an excellent addition to the text! I had already owned many of the commercial versions but have found that the suite, provided with the text, was just as robust as my retail versions.

Very good book but software is a source of troubles
The book itself is an exteremely good source of theory and problems. However, accompanying software is a reason for many disappointments. There are undocumented bugs and compatibility issues. Some supporting material for the book is still not available and customer support could have been better.