| QMBD | Quantitative Methods for Business Decisions |
Faculty: Subhajyoti Ray Email: subhajyoti@ximb.ac.in | |
| Introduction | In this course we focus on using techniques that help you understand how data must be collected, presented and analyzed. We will focus on understanding the basics of descriptive and inferential statistics. |
| Course Objectives | The objective of the course is to make you aware of the fundamental concepts in statistics so that decisions that you make are based on sound and proven methods of inference from data. |
| Topics | 1. Descriptive statistics 2. Introduction to probability 3. Random variables 4. Probability distributions 5. Sampling distribution 6. Estimation 7. Testing of hypothesis One sample, two sample, ANOVA test, chi square etc 8.Simple linear regression |
| Evaluation Components | · 3 Quizzes - 15% each · Assignment - 15% · End-Term Examination: 40% |
| Readings | 1. Statistics for Management, by Levin and Rubin. 2. Power point presentation and class notes 3. Internet resources |
| Q - 1 -> after 4th session Q - 2 -> after 8th session Q - 3 -> after 12th session |