Course Objectives: This course will enable the students to - • To apply concepts of Probability distributions in Decision making in a simulated environment. • To apply hypothesis tests on data in MS Excel/ SPSS for comparing means & utilize them for decision making.
Course Outcomes (COs):
Course |
Learning outcomes (at course level) |
Learning and teaching strategies |
Assessment Strategies |
|
Course Code |
Course Title |
|||
CBBA 402 |
Statistics for Business Decisions Practical |
CO 167: Analyze and interpret correlation and regression using software. CO 168: Analyze and interpret parametric hypothesis tests like t test, ANOVA using software. CO 169: Analyze and interpret non parametric hypothesis tests like chi square using software. CO 170: Analyze the collected data using various statistical tools and techniques CO 171: Construct a research report. |
Approach in teaching: Interactive Hours, Discussion, Tutorials, Reading assignments
Learning activities for the students: Self learning assignments, Effective questions, Giving tasks
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Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects |
Correlation Analysis: Calculation of various types of correlation using statistical softwares like SPSS, Excel, etc.
Regression Analysis: Linear regression using statistical softwares like SPSS, Excel, etc.
t-test: One Sample, Independent Sample, Paired t-test using statistical software like SPSS, Excel
Analysis of variance: One-way ANOVA and Two way ANOVA using statistical software like SPSS, Excel
Chi-square Test: Test of Independence, 2x2 Cross tabulation, Layered cross tab, Goodness of fit using statistical softwares like SPSS, Excel
Essential Readings:
• S.P. Gupta (S.P.): Statistical Methods, Sultan Chand & Sons, 34th Edition.
• Goon, Gupta and Das: Fundamentals of Statistics
• Snedecor and Cochran, Statistical Methods, Oxford and IBH Publishers.
Suggested Readings:
• Shukla,M.C. and Gulshan S.S., Statistics Theory and Practice, Sultan Chand and Sons, New Delhi.
• Richard Levin & David Rubin: Statistics for management, Prentice Hall.
• Anderson, Sweeny & Williams: Statistics for Business and Economics, South West
E-Resources:
• https://www.google.co.in/books/edition/Statistics_for_Business/DMv03Z7JN...
• https://www.google.co.in/books/edition/Essentials_of_Business_Research/s...
• https://www.google.co.in/books/edition/Research_Methodology/a3PwLukoFlMC...
Journals:
• Journal of Business Research
• Business Perspective and Research
• IIS Journal of Commerce & Management
• Indian Journal of Applied Research