What is the Best Statistics Book?

Is statistics too hard for you to understand? This article will use systematic data collection method so we can identify best statistics book even CEOs read.

The Importance of Statistical Thinking
Statistics has become one of the most important decision-making tools since the 1980s. The statistical thinking was embedded in many business practices such as TQM (total quality management), lean manufacturing and 6 Sigma.

In the age of big data, data availability is increasing day by day so it's important for every business people to try to draw meaningful information from such data.

In the education sector, statistical thinking is becoming more important day by day. For example, scholastic aptitude test (SAT) has recently changed its test format by reducing the number of geometry related questions. Questions related to basic statistical analysis, such as the interpretation of charts and graphs have been increased drastically. Even in the reading section, test takers are required to interpret data in the passage. The ultimate goal is to create a new kind of workforce for the industries.

As a business person, are you ready to embrace statistical thinking more deeply?

Data Collection
To provide recommendations for the books about statistics, we conduct a literature survey and find 8 categories of books as below,

- Basic Statistics
- Risk Management
- Marketing Analytics
- Decision Analysis
- Visual Analytics
- Big Data Analytics
- Web Analytics
- Quality Management

As you can see, statistics has a very broad business application. In this article,

- We rely on the opinion of statistics experts and leading CEOs who are considered the management experts in their field. We track down each book on statistics if it gets the endorsement or reviewed on various sites such as Amazon.com, Quora, Linkedin and from the world's leading media outlets.

- After that, we examine each book on statistics one by one to ensure that it is practical enough for people of all experience levels.

- Finally, we make a final cut of the list of best statistics book.

The List of Best Statistics Book is as below:
  1. How to Lie with Statistics by Darrell Huff and Irving Geis

  2. The Cartoon Introduction to Statistics by Grady Klein and Alan Dabney

  3. Naked Statistics: Stripping the Dread from the Data by Charles Wheelan

  4. Data Smart: Using Data Science to Transform Information into Insight by John W. Foreman

  5. Keeping Up with the Quants: Your Guide to Understanding and Using Analytics by Thomas H. Davenport and Jinho Kim

  6. Good Charts: The HBR Guide to Making Smarter, More Persuasive Data Visualizations by Scott Berinato

  7. Data-Driven Marketing: The 15 Metrics Everyone in Marketing Should Know by Mark Jeffery
Do you have the best statistics book you always keep within reach and want to recommend?

About the Editor

Ben Benjabutr is the editor of SupplyChainOpz. He holds an M.Sc. in Logistics Management with 10+ years of experience in various functions in supply chain magement. In his free time, he enjoys reading business and management books. You can learn more about him here or connect with him via TwitterQuora and Google+ or drop him a line via e-mail.