Prentice Hall

Business



Business Forecasting, 9/E
John E. Hanke
Dean Wichern

ISBN-10: 0132301202
ISBN-13: 9780132301206

Publisher: Prentice Hall
Copyright: 2009
Format: Cloth; 576 pp
Published: 02/08/2008

Suggested retail price: $136.00
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For undergraduate and graduate courses in Business Forecasting.

 

Written in a simple, straightforward style, Business Forecasting 9/e presents basic statistical techniques using practical business examples to teach students how to predict long-term forecasts.

For undergraduate and graduate courses in Business Forecasting.

 

Written in a simple, straightforward style, Business Forecasting 9/e presents basic statistical techniques using practical business examples to teach students how to predict long-term forecasts.

 

How do you emphasize the correlation between theoretical concepts and real-world applications? What types of projects, assignments, and exercises help reinforce class material?

 

Emphasis on the 9th edition has been placed on the application of theoretical concepts and techniques by incorporating end-of-chapter exercises such as:

 

  • Twelve additional cases.
  • Thirty two new problem sets.
  • Minitab Applications are presented at the end of each chapter with step-by-step guidance.
  • Excel 2003 Applications have been added to demonstrate how a forecasting problem is solved.

 

OTHER KEY POINTS OF DISTINCTION

 

How do you structure your course to ensure students will successfully absorb the material?  Do students typically have a fundamental knowledge of basic statistics on the first day of class?

 

All chapters in this edition have been revised to enhance the clarity of the writing and increase teaching and learning effectiveness.  Six sections have been constructed which include:

 

  • Background material on the nature of forecasting and a quick review of statistical concepts.
  • The exploration of data patterns, averaging, smoothing techniques, and an introduction to time series decomposition in terms of underlying components.
  • Causal forecasting techniques.
  • Judgmental forecasting and managing the forecasting process.

 

How do you incorporate computers into the classroom to introduce business forecasting software? Are your students comfortable using Minitab, SAS, and Excel?

 

The authors have tried several different approaches to help faculty and students use the computer for forecasting.  This edition features the following:

 

  • Minitab instructions.
  • Excel instructions.
  • Three data collections are available on the Companion Website.
  • Examples of different computer outputs are place throughout the text.

 

New To This Edition

 

How do you emphasize the correlation between theoretical concepts and real-world applications? What types of projects, assignments, and exercises help reinforce class material?

 

Emphasis on the 9th edition has been placed on the application of theoretical concepts and techniques by incorporating end-of-chapter exercises such as:

 

  • Twelve additional cases.
  • Thirty two new problem sets.
  • Minitab Applications are presented at the end of each chapter with step-by-step guidance.
  • Excel 2003 Applications have been added to demonstrate how a forecasting problem is solved.

 

How do you structure your course to ensure students will successfully absorb the material?  Do students typically have a fundamental knowledge of basic statistics on the first day of class?

 

All chapters in this edition have been revised to enhance the clarity of the writing and increase teaching and learning effectiveness.  Six sections have been constructed which include:

 

  • Background material on the nature of forecasting and a quick review of statistical concepts.
  • The exploration of data patterns, averaging, smoothing techniques, and an introduction to time series decomposition in terms of underlying components.
  • Causal forecasting techniques.
  • Judgmental forecasting and managing the forecasting process.

 

How do you incorporate computers into the classroom to introduce business forecasting software? Are your students comfortable using Minitab, SAS, and Excel?

 

The authors have tried several different approaches to help faculty and students use the computer for forecasting.  This edition features the following:

 

  • Minitab instructions.
  • Excel instructions.
  • Three data collections are available on the CD included with this book.
  • Examples of different computer outputs are place throughout the text.

 

OTHER TOPICS OF DISTINCTION

 

*An updated instructor’s manual is available online with the 9th edition.

*Data sets have been updated.

*A section on Cointegrated Time Series has been added to Chapter 8.

 

Table of Contents

 1. Introduction to Forecasting.


 2. A Review of Basic Statistical Concepts.


 3. Exploring Data Patterns and Choosing a Forecasting Technique.


 4. Moving Averages and Smoothing Methods.


 5. Time Series and Their Components.


 6. Simple Linear Regression.


 7. Multiple Regression Analysis.


 8. Regression with Time Series Data.


 9. The Box-Jenkins (ARIMA) Methodology.


10. Judgmental Forecasting and Forecast Adjustments.


11. Managing the Forecasting Process.


Appendix A: Derivations.


Appendix B: Data for Case Study 7.1.


Appendix C: Tables.


Appendix D: Data Sets and Databases.

Index.

    For undergraduate- or graduate-level courses in Business Forecasting, found in Decision Science or Economic departments.

    The goal is to present basic statistical techniques that are useful for preparing individual business forecasts and long-range plans. Written in a simple, straightforward style and making extensive use of practical business examples, the new edition includes numerous new problems, examples, data sets, and cases providing students with the necessary link between theoretical concepts and their real-world applications.

  • 0131073850Business Forecasting and Student CD Package, 8/E
    Hanke & Wichern
    © 2005 | Prentice Hall | Paper Bound w/CD-ROM; 608 pages | Instock
    ISBN-10: 0131073850 | ISBN-13: 9780131073852
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  • 0136049249Business Forecasting, CourseSmart eTextbook, 9/E
    Hanke & Wichern
    © 2009 | Prentice Hall | Electronic Book; 576 pages | Instock
    ISBN-10: 0136049249 | ISBN-13: 9780136049241
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