Business Statistics & Analytics for Decision Making

MBA · Semester 1 — Descriptive statistics, probability, sampling, hypothesis testing, correlation, regression and their use in decisions.

6 महीनेअवधि 1Subject 5Chapters ऑनलाइनTests & result

Your roadmap · आपका रोडमैप

  1. 1
    Admission & first meetingप्रवेश और पहली मुलाकात

    Enquire at your nearest NDSS centre, meet the teacher, fix the batch time and get your study material.

  2. 2
    Part 1 of the syllabusपाठ्यक्रम भाग 1

    Unit-wise coaching with notes and doubt classes.

    Unit 1: Descriptive StatisticsUnit 2: Probability and Probability DistributionsUnit 3: Sampling and Estimation
  3. 3
    Part 2 of the syllabusपाठ्यक्रम भाग 2

    Unit-wise coaching with notes and doubt classes.

    Unit 4: Hypothesis TestingUnit 5: Correlation, Regression and Business Analytics
  4. 4
    Unit tests & assignmentsयूनिट टेस्ट

    Regular tests in the university / board pattern.

  5. 5
    Semester 1 exam (university / board)विश्वविद्यालय / बोर्ड परीक्षा

    Previous papers and full revision before the exam.

  6. 6
    Online tests & resultऑनलाइन टेस्ट और रिज़ल्ट

    Take the tests online; your marks and result show in your student login and at the centre.

सिलेबस · पाठ्यक्रम

1 subject · 5 chapters · 25 topics

01Unit 1: Descriptive Statistics 5 टॉपिक
  1. Role of statistics and analytics in business
  2. Mean, median and mode
  3. Range, quartile deviation, mean deviation and standard deviation
  4. Coefficient of variation
  5. Skewness and kurtosis
02Unit 2: Probability and Probability Distributions 5 टॉपिक
  1. Basic probability concepts and rules
  2. Conditional probability and Bayes' theorem
  3. Binomial distribution
  4. Poisson distribution
  5. Normal distribution and z-scores
03Unit 3: Sampling and Estimation 5 टॉपिक
  1. Census and sampling, sampling methods
  2. Sampling distribution and central limit theorem
  3. Standard error
  4. Point and interval estimation
  5. Sample size determination
04Unit 4: Hypothesis Testing 5 टॉपिक
  1. Null and alternative hypotheses
  2. Type I and Type II errors, level of significance
  3. z-test and t-test
  4. Chi-square test
  5. F-test and one-way ANOVA
05Unit 5: Correlation, Regression and Business Analytics 5 टॉपिक
  1. Karl Pearson and Spearman rank correlation
  2. Simple linear regression and regression coefficients
  3. Time series components and trend
  4. Descriptive, predictive and prescriptive analytics
  5. Data analysis with spreadsheet tools

About this course

आप यह कर पाएँगे

  • 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

यह किसके लिए है

  • 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

आपको क्या चाहिए

  • 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 →

सवाल

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.

Download the syllabus (PDF)

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