Syllabus

Unit Topic area Sub-topics covered No. of

No. hours

1 Data Visualization Frequency distributions, histograms, stem-and- 3

leaf displays, cross-tabulation, bar charts, pie
charts, and scatterplots.

Data Preparation: Editing, coding, data entry

and graphical displays using MS Excel

2 Introduction to Probability Probability - Event algebra*. Conditions of 8

and Probability statistical dependence and independence, Types
Distributions of probability, probabilities under conditions of
statistical independence, conditional probability
under statistical dependence,Bayes’ theorem
and its applications.
Meaning of Probability Distribution, Random
variables, Discrete and continuous random
variables.Expected value, Use of expected value
in decision making, Variance of a random
variable.Binomial, Poisson, Uniform, Normal
and Exponential distributions and their
properties and applications.

3 Sampling Methods Sampling - Need, benefits and limitations. 10

Estimation and Testing Probability and Non-probability sampling
Statistical Hypothesis methods.Sampling distributions, Central Limit
Theorem

Estimation:Point and Interval estimators of

mean and proportion - Determining sample size
using confidence interval approach.

Concepts basic to hypothesis, null and

alternative hypothesis, tes ting procedure, level
of significance, Types of errors. Measuring
power of a hypothesis test. Testing of means
and proportions for small and large samples,
testing of difference between means and
proportions for small and large samples.
 4 Chi-square Test and Chi-Square test of goodness of fit and test of 4
Analysis of Variance independence.

ANOVA, Multiple comparison procedures.

Inference about population variance.Overview

of Analysis of CRD, RBD, LSD, and factorial
designs.

t-Tests, Chi-square test for Goodness of Fit and

independence of attributes, ANOVA using MS
Excel.

5 Correlation and Regression Concept of Correlation - Measure of Correlation 5

& Interpretation. Simple Linear Regression -
Form, fitting, prediction, hypothesis testing in
linear regression. Residual analysis for
validation of assumptions* - normality,
homoscedasticity, outliers and influential
observations.

Correlation and Regression using MS Excel.

Prescribed text book/s:

Anderson, D.R., Sweeny, D.J., Williams, T.A., Camm, J.D., Cochran, J.J. (2017). Statistics for
business & economics, 13thEdition. Boston: Cengage Learning.