To understand the concept of measurement in empirical systems & its validity and reliability. To use statistical techniques for analysis of research data. To realize the applications of Business research.To understand the types, tools and methods of research and develop the ability to analyze data gathered to draw precise and relevant conclusions and write it in the form of a Research report.
Probability:Basic Concepts, Importance of Concept of Probability, Theorem ofProbability (Additional Theorem and Multiplication Theorem), ConditionalProbability, Bayes’ Theorem, Mathematical Expectation
Probability Distribution: Binomial, Poisson’s and Normal.
Sampling: Meaning of census and sample. Characteristics of a good sample, Need for sample, Types of samples based on Probability and Non-Probability sampling. Probability Sampling- Idea of Simple Random Sampling, Stratified and Cluster sampling Non- Probability Sampling- Purposive and Quota sampling.
Sampling Distribution and Standard Error: Element of Testing a Statistical Hypothesis- Formulation of the problem, Types of Errors. Level of Significance
Test of Significance for Large and Small samples.
Analysis of Variance: Application of F-test. One-way and Two-way classification
Chi-square Test:Chi-square test for population variance. Chi-Square Test ( goodness of fit, independence of attributes using 2x2 and rxc contingency tables).
sign test, Wilcoxon signed rank test,Friedman test,Kruskal-Wallis test, Mann-Whitney test
Research Report Writing: Types and layouts of research reports, Steps in report writing,Essentials of a good report, Presentation, Footnote- Endnote, Bibliography, References
3 Business Statistics-Gupta, Goyal, Jain, Biyani, Gupta ( Ajmera Book Company)
4. Kothari, C.R.( Second Edition), Research Methodology- Methods and Techniques, Wishwa Publication, New Delhi.
5. Spiegel, Schiller and Srinivasan- Theory and Problems of Probability and Statistics-Tata McGraw Hill
Note- The candidate shall be permitted to use battery operated pocket calculator that should not have more than 12 digits, 6 functions and 2 memories and should be noiseless and cordless
Links:
[1] https://business.iisuniv.ac.in/courses/subjects/research-methodology-ii-3
[2] https://business.iisuniv.ac.in/academic-year/2019-2020