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BS EM-14
Executive One-Year MBA (Full-time) 2014-15

Business Statistics
Credits2
Faculty NameBhabesh Sen
ProgramMBA (PT)
Academic Year and Term2014-15


Course Description

This course is an introduction to statistics designed for management students. In the rapidly changing business environment it is imperative to have an appreciation of data, its presentation, analysis and interpretation. This course aims at imparting these skills so that you can make better of use of data in decision making.


Leaning Outcomes

At the end of the course you should be able to

· Present / interpret data in tables and charts.
· Understand and apply descriptive statistical measures to business situations.
· Understand and apply probability distributions to model different types of business processes.
· Understand and apply statistical inference techniques (including statistical estimation and hypothesis testing) in business situations. Reading
1. Statistics for Management, by Levin R.I, and Rubin D.S. Prentice Hall India, Seventh Edition, 2000.
2. Handouts and data sets will be made available during the course.


Session Plan

Session NoTopics/ActivitiesReading
1-2Descriptive statisticsChapters 1 -3
3-5Introduction to probability
· Concept of probability
· Rules of probability
· Bayes theorem		Chapter 4
6-8Random Variables and Probability DistributionsChapter 5
9-10Sampling and Sampling DistributionChapter 6
11-12EstimationChapter 7
13-14Hypothesis testing- concepts, single population Chapters 8
Evaluation

1. 1Quiz - 15% weight.
2. 1 Mid term exam - 30% weight.
3. Attendance, class participation, group work – 15%
4. End-term - 40%

No Makeup Exams. Marks for missed components will be equated to the minimum of the other attended components (in percentage terms).

Academic Integrity

Malpractice in any form will be dealt with as per manual of policies


Created By: Alora Kar on 08/25/2014 at 10:31 AM
Category: EMBA-14T-II Doctype: Document

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