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BS-X13
PGDM-PT 2013-16: Term-II

Business Statistics
Credits3
Faculty NameBhabesh Sen
ProgramPGDM( PT)
Academic Year and Term2013-14
Term II


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.
· Understand and apply simple linear regression analysis to study relationship between variables.

Session Plan

Session NoTopics/ActivitiesReading
1-2Descriptive statisticsChapters 1 -3
3-4Introduction to probability
· Concept of probability
· Rules of probability
· Bayes rule		Chapter 4
5-6Random Variables and Probability DistributionsChapter 5
7-8Sampling and Sampling DistributionChapter 6
9EstimationChapter 7
10-12Hypothesis testing
Single and two sample for means, proportions and variances
ANOVA
Chi-square tests of goodness of fit & independence of attributes		Chapters 8, 9, 11
13-14RegressionChapters 12,13
15Non-parametric testsChapter 14

Evaluation

1. 1 Quiz - 15% weight.
2. 1 Mid term exam - 25% weight.
3. End-term exam - 40%
4. Group work – 10%
5. Attendance & 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 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 10/21/2013 at 05:08 PM
Category: ExPGP-I Doctype: Document

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