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BS-MB16
MBA 2016-18: Term-I

Business Statistics
Credits3
Faculty NameSubhajyoti Ray
ProgramMBA
Academic Year and Term2016-17
Term I (Sec-A,B,C & D)

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 and analysis techniques. This course aims at imparting these skills so that you can make better of use of data in taking decisions.


Leaning Outcomes

At the end of the course you should be able to

· Present and/or 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.
· Understand and apply simple linear regression analysis

Session Plan

Session NoTopics/ActivitiesReading
1-2Descriptive statisticsChapters 1 -3
3-5Introduction to probability
· Concept of probability
· Rules of probability
· Bayes rule		Chapter 4
6-8Random Variables and Probability DistributionsChapter 5 , 6 and handouts
9-11Sampling and Sampling Distribution, Point estimationChapter 7
12-13Interval Estimation and sample size determination`
14-16Hypothesis testing
Single and two sample for means, proportions and variances
ANOVA
Chisq and goodness of fit		Chapters 9, 10, 11, 12
17-18Simple Linear Regression Chapters 14
19-20Non-Parametric MethodsChapters 19

Evaluation components and weights

1. 1 Quiz - 20%
2. Mid term exam - 30%
3. End-term - 40%
4. Class participation – 10%

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

Reading
1. Statistics for Business and Economics by Anderson, Sweeny and Williams, Cengage 11th edition

Academic Integrity

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


Created By: Alora Kar on 06/02/2016 at 05:43 PM
Category: BM-I 2016-18 T-I Doctype: Document

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