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Statistics for Business Decisions Practical [1]

Paper Code: 
24CBBA402
Credits: 
2
Contact Hours: 
30.00
Max. Marks: 
100.00
Objective: 

This course will enable the students to apply hypothesis tests on data in MS Excel/ SPSS for its statistical analysis and interpretation.

Course Outcomes: 

Course

Learning outcomes

(at course level)

Learning and teaching strategies

Assessment

Strategies

Course Code

Course Title

24CBBA 402

Statistics for Business Decisions Practical

 

(Practical)

CO151: Analyse correlation and its interpretation.

CO152: Examine regression technique and interpret it.

CO153: Measure test of significance of small and large samples.

CO154: Assess association between variables using ANOVA technique.

CO155: Produce results of Chi-square test for finding out difference between expected and actual results.

CO156: Contribute effectively in course-specific interaction.

Approach in teaching:

Interactive sessions, Discussion, Tutorials, Reading assignments.

 

Learning activities for the students:

Self-learning assignments, Solving questions-based problems, Group tasks

Continuous Assessment Test, Semester End Examination, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects, Project file and Viva-voce

 

6.00
Unit I: 
Correlation Analysis

Correlation Analysis: Calculation of various types of correlation using statistical software like SPSS, Excel, etc.

6.00
Unit II: 
Regression Analysis

Regression Analysis: Linear regression using statistical software like SPSS, Excel, etc.

6.00
Unit III: 
t-test

t-test: One Sample, Independent Sample, Paired t test using statistical software like SPSS, Excel

6.00
Unit IV: 
Analysis of Variance

Analysis of variance: One way ANOVA and Two-way ANOVA using statistical software like SPSS, Excel

6.00
Unit V: 
Chi square Test

Chi square Test: Test of Independence, 2x2 Cross tabulation, Layered cross tab, Goodness of fit using statistical software like SPSS, Excel

Essential Readings: 

1. S.P. Gupta (S.P.): Statistical Methods, Sultan Chand & Sons, 34th Edition.
2. Goon, Gupta and Das: Fundamentals of Statistics
3. Snedecor and Cochran, Statistical Methods, Oxford and IBH Publishers.
4. Sancheti and Kapoor, Statistics, New Age Publications

References: 

Suggested Readings:

1. Shukla,M.C. and Gulshan S.S., Statistics Theory and Practice, Sultan Chand and Sons, New Delhi.

2. Richard Levin & David Rubin: Statistics for management, Prentice Hall.

3. Anderson, Sweeny & Williams: Statistics for Business and Economics, South West

E-Resources:

1. https://www.google.co.in/books/edition/Statistics_for_Business/DMv03Z7JN... [2]

2. https://www.google.co.in/books/edition/Essentials_of_Business_Research/s... [3] ?hl=en&gbpv=1&dq=business+research+full+preview&printsec=frontcover

3. https://www.google.co.in/books/edition/Research_Methodology/a3PwLukoFlMC... [4] v=1&dq=research+methods+full+preview&printsec=frontcover

Academic Year: 
2024-2025 [5]

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Source URL: https://management.iisuniv.ac.in/courses/subjects/statistics-business-decisions-practical-7

Links:
[1] https://management.iisuniv.ac.in/courses/subjects/statistics-business-decisions-practical-7
[2] https://www.google.co.in/books/edition/Statistics_for_Business/DMv03Z7JN5UC?hl=en&gbpv=1&dq=statistics+for+business+decisions+full+preview&printsec=frontcover
[3] https://www.google.co.in/books/edition/Essentials_of_Business_Research/swbKAgAAQBAJ
[4] https://www.google.co.in/books/edition/Research_Methodology/a3PwLukoFlMC?hl=en&gbp
[5] https://management.iisuniv.ac.in/academic-year/2024-2025