BA6112-Statistics for Management |
FUNDAMENTALS OF PROBABILITY |
Basic Definitions and Rules for Probability - Conditional Probability Independence of Events -
Baye’s Theorem and Random Variables - Probability Distributions – Binomial - Poisson and Normal
Distributions. |
SAMPLING DISTRIBUTION AND ESTIMATION |
Introduction to Sampling Distributions - Sampling Distribution of Sample Mean and Sample
Proportion - Application of Central Limit Theorem - Sampling Techniques - Estimation and
Confidence Intervals - Point and Confidence Interval Estimates for Population Parameters of Large
Sample and Small Samples - Determining the Sample Size. |
TESTING OF HYPOTHESIS |
Hypothesis Testing - General Procedure for Hypothesis Testing - Errors in Hypothesis Testing - One
Sample and Two Sample Tests for Means and Proportions of Large Samples (Z-Test) - One Sample
and Two Sample Tests for Means of Small Samples (T-Test) - F-Test for Two Sample Standard
Deviations.
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NON-PARAMETRIC METHODS |
The Chi-Square Test - Statistic - Applications of Chi-Square Tests - Test of Independence of
Attributes - Goodness of Fit - Yates Correction for Continuity
Sign Test for Paired Data, Rank Sum Test: Mann-Whitney U Test and Kruskal Wallis Test, One
Sample Run Test, Rank Correlation.
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CORRELATION, REGRESSION AND TIME SERIES ANALYSIS |
Correlation Analysis - Estimation of Regression Line - Time Series Analysis - Variations in Time
Series- Trend Analysis - Cyclical Variations - Seasonal Variations and Irregular Variations. |
Text Books |
1. Richard I. Levin and David S. Rubin, “Statistics for Management”, 7th Edition, Pearson
Education, 1998. / Prentice Hall of India Pvt. Ltd, 2001. |
Reference Books |
1. T N Srivastava and Shailaja Rego, “Statistics for Management”, 1st Edition, Tata McGraw -
Hill Publishing Company Ltd., 2007.
2. Levine D.M., Krehbiel T.C. and Berenson M.L., “Business Statistics: A First Course”,
Pearson Education Asia, 2nd Edition, 2007.
3. S.P.Gupta, “Statistical Methods”, 7th Edition, S. Chand and Co. Ltd., 2004.
4. Anderson and Skini, “Statistics for Business and Economics”, 9th Edition, Cengage Learning
India Pvt. Ltd., 2007. |