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    Lecture 1

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    amrita
    This document outlines the course content and objectives for Statistics I (DBAD3002), taught by Amrita Jain. The course aims to introduce students to the field of statistics and demonstrate its applications in business. It will establish the link between statistics and data, differentiate between population and sample data, and descriptive and inferential statistics. The course content covers topics like data collection and presentation, measures of central tendency, dispersion, shape of distribution, correlation, regression, and the use of MS-Excel for statistical analysis. Recommended textbooks are provided.

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    Lecture 1

    Uploaded by

    amrita
    43 views13 pages
    This document outlines the course content and objectives for Statistics I (DBAD3002), taught by Amrita Jain. The course aims to introduce students to the field of statistics and demonstrate its applications in business. It will establish the link between statistics and data, differentiate between population and sample data, and descriptive and inferential statistics. The course content covers topics like data collection and presentation, measures of central tendency, dispersion, shape of distribution, correlation, regression, and the use of MS-Excel for statistical analysis. Recommended textbooks are provided.

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    Statistics Lecture 1

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    LECTURE 1 PPT

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    This document outlines the course content and objectives for Statistics I (DBAD3002), taught by Amrita Jain. The course aims to introduce students to the field of statistics and demonstrate its applications in business. It will establish the link between statistics and data, differentiate between population and sample data, and descriptive and inferential statistics. The course content covers topics like data collection and presentation, measures of central tendency, dispersion, shape of distribution, correlation, regression, and the use of MS-Excel for statistical analysis. Recommended textbooks are provided.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    43 views13 pages

    Lecture 1

    Uploaded by

    amrita
    This document outlines the course content and objectives for Statistics I (DBAD3002), taught by Amrita Jain. The course aims to introduce students to the field of statistics and demonstrate its applications in business. It will establish the link between statistics and data, differentiate between population and sample data, and descriptive and inferential statistics. The course content covers topics like data collection and presentation, measures of central tendency, dispersion, shape of distribution, correlation, regression, and the use of MS-Excel for statistical analysis. Recommended textbooks are provided.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 13

    Statistics I

    DBAD3002

    By- Amrita Jain


    Assistant Professor
    Learning Objectives
    1. Introduce the field of statistics
    2. Demonstrate how statistics applies to business
    3. Establish the link between statistics and data
    4. Differentiate between population and sample data
    5. Differentiate between descriptive and inferential
    statistics
    Course Content

    • Unit I: Introduction of Statistics (7 lecture hours)


    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.

    • Unit II: Presentation of Data (7 lecture hours)


    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.

    • Unit III: Decision Unit III: Measure of Dispersion (9 lecture hours)


    Absolute and relative measures of range, quartile deviation, Mean deviation, standard deviation, variance of the combined series,
    Coefficient of variatioN.

    • Unit IV: Measures Shape Of The Distribution (6 lecture hours)


    Concept of Skewness, kurtosis; Time Series – Introduction And Importance, Components Of Time Series, least cost method, moving
    average method, Seasonal, Cyclical Study.

    • Unit V: Correlation and Regression (6 lecture hours)


    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.

    • Unit VI: Use of MS-Excel as Statistical Analysis tool (5 lecture hours)


    Practice questions: Measure Central tendency, Measure of Dispersion, Measure of shape of the Distribution, Correlation and
    Regression on MS-Excel.
    Text Books & Reference Books

    • Levin & Rubin, “Statistics for Management”,


    8th Edition, Pearson Publication
    • Ken Black, “Business Statistics for
    contemporary decision making”, 5th Edition,
    Wiley Publication
    • Naval Bajpai, Business Statistics, 2nd edition,
    Pearson Education
    DATA
    Example

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