Credits: 3 (3-0-0)
Prerequisites: MSL301 & MSL302
Description
Nature and role of statistics for management. Types of data, data measurement scales, Descriptive Statistics: Measures of Central Tendency, Measures of Dispersion. Introduction to probability theory. Probability Theory: Preliminary concepts in Probability, Basic Theorems and rules for dependent/independent events, Random Variable, Probability distributions. Sampling Techniques, Sampling distributions. Hypothesis testing: Z-test, t-test, ANOVA, Chi-square tests, Correlation and regression analysis. Business Forecasting. SPSS and its use for statistical modeling.
Prerequisite Tree
flowchart TD
MSL719-517[MSL719]
MSL719-517 --> MSL302-517[MSL302]
MSL719-517 --> MSL301-517[MSL301]
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