9780804756129-0804756120-Testing 1 - 2 - 3: Experimental Design with Applications in Marketing and Service Operations

Testing 1 - 2 - 3: Experimental Design with Applications in Marketing and Service Operations

ISBN-13: 9780804756129
ISBN-10: 0804756120
Edition: 1
Author: Johannes Ledolter
Publication date: 2007
Publisher: Stanford University Press
Format: Hardcover 314 pages
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Book details

ISBN-13: 9780804756129
ISBN-10: 0804756120
Edition: 1
Author: Johannes Ledolter
Publication date: 2007
Publisher: Stanford University Press
Format: Hardcover 314 pages

Summary

Testing 1 - 2 - 3: Experimental Design with Applications in Marketing and Service Operations (ISBN-13: 9780804756129 and ISBN-10: 0804756120), written by authors Johannes Ledolter, was published by Stanford University Press in 2007. With an overall rating of 4.0 stars, it's a notable title among other Decision-Making & Problem Solving (Management & Leadership, Decision Making, Business Skills) books. You can easily purchase or rent Testing 1 - 2 - 3: Experimental Design with Applications in Marketing and Service Operations (Hardcover) from BooksRun, along with many other new and used Decision-Making & Problem Solving books and textbooks. And, if you're looking to sell your copy, our current buyback offer is $1.03.

Description

This book is about the power of statistical experiments. In the past, books on experimental design focused almost entirely on manufacturing problems. In contrast, although this book is relevant to manufacturing and includes useful examples in that area, its emphasis is on applications to marketing and service operations. The authors provide a fresh and practical treatment of the key topics in designing and analyzing experiments. Testing in the business world is commonplace, and the usual approach is to change one factor at a time while holding other factors constant. This approach may seem logical and appealing, but, as the authors explain, it is highly inefficient, and may lead to wrong conclusions. The better method, the authors propose, is to test all factors simultaneously. Doing so not only reduces the costs of experimenting but also provides the decision-maker with better information.

Throughout the book, the authors illustrate concepts with practical examples. In addition, the book includes a set of 13 separate real-world cases based on the actual implementation of experimental design methods.

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