Basic Statistics

Course Objective

To help students to understand the statistical concepts and its applications in business and management situations

Learning Outcomes

Upon completion of this course, students will be able to know
How to derive insights from data for decision making
Best methods for handling data under different scenarios
Basic statistical concepts and their application in decision making

Detailed Syllabus

  1. Introduction to Statistics
  2. Data Exploratory Analysis: Descriptive Statistics, Measures of Central Tendency and Dispersion, Data Visualization
  3. Inferential Statistics: Probability and Probability Distributions, Sampling and Sampling Distribution, Estimation, Testing of Hypothesis
  4. Chi-Square and ANOVA
  5. Correlation and Regression

6. Non-parametric methods