Your roadmap · आपका रोडमैप
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Admission & first meetingप्रवेश और पहली मुलाकातEnquire at your nearest NDSS centre, meet the teacher, fix the batch time and get your study material.
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Part 1 of the syllabusपाठ्यक्रम भाग 1Unit-wise coaching with notes and doubt classes.
Unit 1: Descriptive StatisticsUnit 2: Probability and Probability DistributionsUnit 3: Sampling and Estimation
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Part 2 of the syllabusपाठ्यक्रम भाग 2Unit-wise coaching with notes and doubt classes.
Unit 4: Hypothesis TestingUnit 5: Correlation, Regression and Business Analytics
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Unit tests & assignmentsयूनिट टेस्टRegular tests in the university / board pattern.
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Semester 1 exam (university / board)विश्वविद्यालय / बोर्ड परीक्षाPrevious papers and full revision before the exam.
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Online tests & resultऑनलाइन टेस्ट और रिज़ल्टTake the tests online; your marks and result show in your student login and at the centre.
Syllabus · पाठ्यक्रम
1 subject · 5 chapters · 25 topics
01Unit 1: Descriptive Statistics
5 topics+
- Role of statistics and analytics in business
- Mean, median and mode
- Range, quartile deviation, mean deviation and standard deviation
- Coefficient of variation
- Skewness and kurtosis
02Unit 2: Probability and Probability Distributions
5 topics+
- Basic probability concepts and rules
- Conditional probability and Bayes' theorem
- Binomial distribution
- Poisson distribution
- Normal distribution and z-scores
03Unit 3: Sampling and Estimation
5 topics+
- Census and sampling, sampling methods
- Sampling distribution and central limit theorem
- Standard error
- Point and interval estimation
- Sample size determination
04Unit 4: Hypothesis Testing
5 topics+
- Null and alternative hypotheses
- Type I and Type II errors, level of significance
- z-test and t-test
- Chi-square test
- F-test and one-way ANOVA
05Unit 5: Correlation, Regression and Business Analytics
5 topics+
- Karl Pearson and Spearman rank correlation
- Simple linear regression and regression coefficients
- Time series components and trend
- Descriptive, predictive and prescriptive analytics
- Data analysis with spreadsheet tools
About this course
You will be able to
- Summarise business data with measures of central tendency, dispersion and skewness
- Apply probability rules and binomial, Poisson and normal distributions
- Explain sampling methods, standard error and confidence intervals
- Test hypotheses using z, t, chi-square and ANOVA
- Measure correlation, fit regression lines and use them for forecasting
- Use spreadsheet tools for descriptive and predictive analytics
Who it is for
- MBA students of Semester 1 (AKTU, Lucknow) in Marketing, Finance and Human Resource specialisations
- MBA / PGDM students of other universities with a similar paper in their syllabus
What you need
- Graduation in any discipline (as required for MBA admission)
- A scientific calculator; basic spreadsheet use helps
Online tests & result
Practice and unit tests online; marks and result show in your student login and at the centre.
Student login →
Questions
Which syllabus does the Business Statistics & Analytics for Decision Making course follow?
The AKTU (Dr. A.P.J. Abdul Kalam Technical University) MBA syllabus for Business Statistics & Analytics for Decision Making, unit by unit. The centre follows the student's own university syllabus where it differs.
Will previous year university questions be covered?
Yes, each unit ends with practice on the type of short and long questions asked in AKTU end-semester exams, plus MCQ tests.
Are statistical tables provided?
Yes, z, t and chi-square tables are given in class as in the university exam.
