Coming soon
Statistics for Business Decisions
The course will enable students to -
- Equip students with practical skills that are necessary for preparing data, performing statistical analysis and presenting analysis results
- Emphasis will be placed on the ability to use modern statistical software to perform these tasks on real datasets.
COURSE OUTCOMES (Cos):
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Course |
Learning outcome (at course level) |
Learning and teaching strategies |
Assessment Strategies |
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Paper Code |
Paper Title |
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ATG / BSG / FSG 225 |
Statistics for Business Decisions (Practical) |
The students will be able to –
CO45: Perform common parametric and non-parametric tests CO46: Perform simple regressions and multivariate analysis. CO47: Interpret results produced by statistical software CO48: Define, formulate and solve problems in a systematic approach |
Approach in teaching: Interactive Lectures, Discussion, Tutorials, Reading assignments, Team teaching
Learning activities for the students: Field activities, Presentation, Giving tasks |
Quiz, test, assignments, viva-voce |
Statistical Testing: Parametric vs. Non parametric. Parametric Tests- t-test: One Sample, Independent Sample, Paired t test
Analysis of variance: Assumptions of One Way ANOVA, Testing for differences in mean between the group, Measure of Association, Assumption of Two way ANOVA, Procedure for Testing Two Way ANOVA.
Non Parametric Tests: Mann Whitney U test, Wilcoxon Signed ranks test, Kruskal Wallis Test, Friedman Test. Chi square Test: Test of Independence, 2x2 Cross tabulation, Layered cross tab, Goodness of fit.
Regression: Assumptions , Linear Regression, Multiple Regression
Advanced Analysis: Factor Analysis, Principal Component Method, Confirmatory Factor Analysis.
1. James B Cunningham, Using SPSS: An interactive hands- on Approach, Peacock publisher.
2. Mervyn, SAS Data Analysis, Springer (SIE) Publishing House.
3. Venkat Reddy Konasani and Shailendra Kadre , Practical Business Analytics Using SAS: A Hands-on Guide,Dreamtech Press.
4. A. Rajathi& P. Chandran , SPSS for You, mjp publishers.
5. Seyed Reza HashemianRahaghi, Farnaz Abed Ashtiani , Basic of Statistics & SPSS, create space independent publishing platform.
6. Robert H. Carver , Doing Data Analysis with SPSS version 18.0, Cengage publishers.
7. S. Ajai Gaur , Statistical methods for practice & research: A guide to Data Analysis using SPSS, Sage Publishers. Note: Latest edition of the readings may be used.
