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BS-P12
PGDM 2012-14: Term-I

Business Statistics
Credits3
Faculty NameSubhajyoti Ray & Rahul Thakuta
ProgramPGDM
Academic Year and Term2012-13
Term I


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 and some PPTs
3-5Introduction to probability
· Concept of probability
· Rules of probability
· Bayes rule		Chapter 4 and PPT
6-8Random Variables and Probability DistributionsHandouts, Chapter 5
9-10Sampling and Sampling DistributionChapter 6
11-12EstimationChapter 7
13-15Hypothesis testing
Single and two sample for means, proportions and variances
ANOVA
Chisq and goodness of fit		Chapters 8, 9, 11
16-17Non-Parametric testsChapters 14
18-20Regression (Prof. Rahul)Chapters 12, 13

Evaluation

1. 2 Quizzes - 30% weight.
2. 1 Mid term exam - 30% weight.
3. End-term - 40%

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 Management, by Levin R.I, and Rubin D.S. Prentice Hall India, Seventh Edition, 2000.
2. Several handouts and data sets will be made available during the course.


Academic Integrity

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


Created By: Debasis Mohanty on 06/12/2012 at 04:49 PM
Category: PGDM-I Doctype: Document

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