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Syllabus

UNIT
1
EXPLORING DATA ANALYTICS

Identify various data types - Create appropriate visual displays - Calculate and interpret common descriptive statistics - Calculate and interpret common probabilities.

UNIT
2
SAMPLING AND ESTIMATION

Properties of the Normal Distribution - Survey & Sampling - Confidence Interval for Means and Proportions - Business Application

UNIT
3
HYPOTHESIS TESTING

Hypothesis Testing Basics - Hypothesis Testing for Means - Hypothesis Testing for Proportions

UNIT
4
LINEAR MODELS

Finding the Equation of a Line - Revenue, Cost, Profit and Breakeven Models - Supply and Demand - Piecewise Models

UNIT
5
REGRESSION & ANOVA

Regression – Types – Line of Fit. Analysis of Variance - Types

Reference Book:

S.P. Gupta, ‘Statistical Methods’, 43rd Edition, Sultan Chand & Sons, 2014. (Unit I, II, III, IV & V)

Text Book:

P.N.Arora & S.Arora, ‘Statistics for Management’, 5th Edition, S. Chand, 2007. (Unit I, II, III, IV & V)

 

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