Course Name
MBA (Master of Business Administration)
Subject Code MB0024 (Statistics for Management )
Get Questions
PART  A
PART  B
PART  C
Statistics for Management Syllabus.
Part 1: Introduction to Statistics
Introduction, Collection, Classification and Presentation of Data, Measures
of Central Tendency, Measures of Dispersion
Part 2: Probability
Introduction, Basic terminology used in Probability, Mutually Exclusive
Events, Types of Probability, Relative Frequency of Occurrence, Subjective
Probabilities, Probability Rules, Probabilities under Conditions of Statistical
Independence, Probabilities under Conditions of Statistical Dependence, Baye’s
theorem
Part 3: Probability Distributions
Introduction, Bernoulli Distribution, The Poisson Distribution, The Normal
Probability Distribution–Continuous probability distribution
Part 4: Sampling and Sampling Distributions
Introduction, Types of Sampling, Random Sampling or Probability Sampling,
Sampling Distributions, The Relationship between Sample size and standard error
Part 5: Estimation
Introduction, Point Estimates, Interval Estimates: Basic Concepts, Interval
Estimates and Confidence Intervals, Calculating Interval Estimates of the Mean
from Large Samples, Calculating Interval Estimates of the Proportion from Large
Samples, Interval Estimates Using the student’s t Distribution, Determining the
Sample size in Estimation
Part 6: Testing of Hypothesis
Concepts Basic to the Hypothesis, Testing Procedure Testing Hypotheses,
Hypothesis Testing of Means when σ is known, Hypothesis Testing of Proportions:
Large Samples, Hypothesis Testing of Means when σ is not known
Part 7: Chi – Square and ANOVA
Introduction, Chi – square χ2 as a test of independence, Analysis of
Variance (ANOVA)
Part 8: Simple Correlation & Regression
Introduction, Correlation, Regression
Part 9: Business Forecasting & Time Series
Introduction, Business Forecasting, Time Series
Part 10: Index Numbers
Introduction, Index Number – Definition, Types of Index Numbers, Limitations
of Index Numbers, Utility and Importance of Index Numbers
