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Statistics_and_Optimization_Techniques_Detailed_Exam_Guide

The document is a detailed exam guide for MBA students at Karnataka State Open University, covering key topics in statistics and optimization techniques. It includes sections on statistics fundamentals, correlation and regression analysis, probability theory, operations research applications, and exam strategies. The guide emphasizes the importance of understanding concepts and practicing numerical problems for success in the exam.

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6 views

Statistics_and_Optimization_Techniques_Detailed_Exam_Guide

The document is a detailed exam guide for MBA students at Karnataka State Open University, covering key topics in statistics and optimization techniques. It includes sections on statistics fundamentals, correlation and regression analysis, probability theory, operations research applications, and exam strategies. The guide emphasizes the importance of understanding concepts and practicing numerical problems for success in the exam.

Uploaded by

praveenrpraveenr100
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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Statistics and Optimization Techniques - Detailed Exam Guide

MBA 1st Semester | Karnataka State Open University

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BLOCK 1: INTRODUCTION TO STATISTICS
==================================================

1. Meaning and Importance of Statistics:


- Definition, Scope, Importance in Business and Management.
- Types of Statistics: Descriptive and Inferential.

2. Data Collection and Analysis:


- Primary vs Secondary Data.
- Methods of Data Collection (Surveys, Interviews, Observation).

3. Measures of Central Tendency:


- Mean, Median, Mode.
- Calculation Methods and Applications.

4. Measures of Dispersion:
- Range, Variance, Standard Deviation.
- Coefficient of Variation.

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BLOCK 2: CORRELATION AND REGRESSION ANALYSIS
==================================================

1. Correlation Analysis:
- Meaning, Types (Positive, Negative, No Correlation).
- Karl Pearson and Spearman Rank Correlation Coefficient.

2. Regression Analysis:
- Difference between Correlation and Regression.
- Simple Linear and Multiple Regression.
- Least Squares Method.

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BLOCK 3: PROBABILITY AND OPERATIONS RESEARCH
==================================================

1. Probability Theory:
- Basic Rules of Probability.
- Conditional Probability and Bayes Theorem.
- Probability Distributions (Binomial, Poisson, Normal).

2. Game Theory:
- Introduction, Payoff Matrix, Saddle Point.
- Pure and Mixed Strategy Games.

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BLOCK 4: APPLICATIONS OF OPERATIONS RESEARCH
==================================================

1. Decision Analysis:
- Decision Trees, Risk and Uncertainty.

2. Network Analysis (PERT and CPM):


- Project Scheduling Techniques.
- Critical Path Method (CPM) and Program Evaluation Review Technique (PERT).

3. Optimization Techniques:
- Linear Programming (Graphical and Simplex Method).
- Transportation and Assignment Problems.

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EXAM STRATEGY
==================================================

- Write answers in points and use diagrams wherever applicable.


- Focus on numerical problems (Correlation, Regression, Probability, LPP).
- Revise past question papers.
- Time management is crucial for solving numerical questions.

All the best for your exam! You can definitely score 75-80 marks!

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