3 0 0 3 Course Objectives: Introduction of Statistics
3 0 0 3 Course Objectives: Introduction of Statistics
3 0 0 3 Course Objectives: Introduction of Statistics
Course
Course Code DBAD3002
Prerequisite Basics of statistics
Co-requisite
Anti-requisite
L T P C
3 0 0 3
Course Objectives
This course will introduce students to basic statistical methods, with a focus on the
understanding and knowledge of these methods to the business world. Students should be able
to apply basic statistical techniques and methods for grouping, tabular and graphical display
and interpretation of statistical data.
Course Outcomes
CO1 To describe the basic concepts of Statistics and types of data (K1).
To explain the basic concepts of measure of central tendency using presentation of data
CO2
(K2).
CO3 To understand the concept of measure of dispersion (K2)
CO4 To explain the basic concept of Skewness, kurtosis and time series (K1, K2)
CO5 To understand correlation and regression coefficients and relationship between them (K2)
CO6 To apply MS Excel tools to learn statistical concepts. (K3)
Internal Assessment (IA) Mid Term Exam (MTE) End Term Exam (ETE) Total Marks
30 20 50 100
Course Content:
Origin, development, definition, scope, uses and limitations. Types of Data: Qualitative and
quantitative data, nominal and ordinal data, cross sectional and time series data, discrete and
continuous data, frequency and non-frequency data. Collection and Scrutiny of Data: Collection of
primary and secondary data-its major sources including some government publications, scrutiny of
data for internal consistency and detection of errors of recording, classification and tabulation of data.
Diagrammatic and graphical presentation of grouped data; graphing the data constructing
histograms, frequency polygon, frequency curve and ogives. Measures of Central Tendency
and Location: Mean, median, mode, partition values-quartiles, deciles, percentiles.
Simple Correlation, correlation between two variables (grouped and ungrouped data); Karl
Pearson’s Coefficient of correlation; Rank Correlation; Regression: - Concept, regression lines,
Curve Fitting In Scatter Diagrams, Simple Linear Regression Equation, Coefficient Of
Determination (R-Squared), Difference Between Correlation And Regression.
Suggested Readings: