The product is a study guide titled “Statistics in Quality Productivity & Problem Solving” published by the Massachusetts Institute of Technology in 1986. It is part of the MIT Video Courses series and authored by Loyd S. Nelson. The book is focused on applied mathematics, specifically statistics, and is aimed at adult education and further education levels. It provides a comprehensive guide on how to use statistics in problem-solving and improving productivity, making it a valuable resource for individuals looking to enhance their problem-solving skills and understanding of statistical concepts.