Descriptive Analytics, Predictive analytics, prescriptive analytics – definition, applications,

Steps in business analytics

Statistics – Measures of location -> mean, median mode

- Measures of dispersion - > range, variance, standard deviation, coefficient of variation

- Measures of shape – skeweness, kurtosis

Probability – classical method, relative frequency method

Random variable, probability distribution, cumulative probability distribution

expected value of a random variable, variance of a random variable

Discrete random variable

Bernoulli distribution, binomial distribution, poisson distribution – Its properties and applications

Continuous probability distribution - properties

Probability mass function

Uniform, normal, exponential distribution – its properties and application

Explanation for relational database – how data is stored in tables, parts of a relational database

Primary key, foreign key, its explantion

Dimension table and fact table its explanation

Star Schema, snowflake schema – its explanation

No –sql databse – its explanation

Types of probabilistic sampling