Business Statistics & Analytics

₹270.00

Tax excluded

Quantity

ISBN- 978-93-5163-761-5

Authors- Er. Pravesh Kumar Singh , Mr. Dileep Singh

                                                                                            

                                                                                          Syllabus

                                                                                                           Course Code- KMB 104

Unit I (10 Sessions): Descriptive Statistics

Meaning, Scope, Types, Functions and Limitations of Statistics, Measures of Central Tendency – Mean, Median, Mode, Quartiles, Measures of Dispersion – Range, Inter Quartile Range, Mean Deviation, Standard Deviation, Variance, Coefficient of Variation, Skewness and Kurtosis.

Unit II (8 Sessions):Time Series & Index Number

Time Series Analysis: Concept, Additive and Multiplicative Models, Components of Time Series,

Trend Analysis: Least Square Method - Linear and Non- Linear Equations, Applications in Business

Decision-Making.

Index Numbers:- Meaning , Types of Index Numbers, Uses of Index Numbers, Construction of Price, Quantity and Volume Indices:- Fixed Base and Chain Base Methods.

Unit III (6 Sessions): Correlation & Regression Analysis

Correlation Analysis: Rank Method & Karl Pearson's Coefficient of Correlation and Properties of Correlation

Regression Analysis: Fitting of a Regression Line and Interpretation of Results, Properties of Regression Coefficients and Relationship between Regression and Correlation.

Unit IV ( 8 Sessions): Probability Thoery & Distribution

Probability: Theory of Probability, Addition and Multiplication Law, Baye’s Theorem

Probability Theoretical Distributions: Concept and Application of Binomial; Poisson and Normal Distributions.

Unit V (8 Sessions) : Hypothesis Testing& Business Analytics

Hypothesis Testing: Null and Alternative Hypotheses; Type I and Type II Errors; Testing of Hypothesis: Large Sample Tests, Small Sample Test, (t, F, Z Test and Chi Square Test

Concept of Business Analytics- Meaning types and application of Business Analytics, Use of Spread Sheet to Anlayse data-Descriptive Analytics and Predictive Analytics.

AKTU2020/MBA/1/04
60 Items
New product

7 other products in the same category: