Business Statistics & Analytics for Decision Making (MBA)

Descriptive statistics, probability, sampling, hypothesis testing, correlation, regression and their use in decisions.

6 महीनेअवधि 5Chapters25टॉपिक

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01Unit 1: Descriptive Statistics 5 टॉपिक

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 टॉपिक

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 टॉपिक

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 टॉपिक

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 टॉपिक

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

परिचय

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

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.