Business Decision Making

SYLLABUS
Course Code: 14M1GHS135

Course Credit: 3-0-0

UNIT-I:
Construction of frequency distributions and their analysis in the form of measures of central
tendency and variations, types of measures, skewness-meaning and co-efficient of skewness.
Kurtosis. Index Numbers: Definition and Methods of Construction of Index Numbers; Tests of
consistency, Base shifting, splicing and Deflation; Problems in construction, importance of index
numbers in Managerial decision making.
UNIT-II :
Correlation analysis- meaning & types of correlation, Karl Pearsons coefficient of correlation
and spearmans rank correlation, regression analysis-meaning and two lines of regression
,relationship between correlation and regression co-efficient, time series analysis- measurement
of trend and seasonal variations, time series and forecasting.
UNIT-III :
Probability- basic concepts and approaches, addition, multiplication and Bayes theorem,
probability distributions - meaning, types and applications, binomial, Poisson and normal
distributions.
UNIT-IV :
Statistical inference: Concept of sampling distribution, parameter and statistics, standard error.
Theory of estimation: Point and interval estimation, construction and confidence limits for mean.
UNIT-V:
Tests of significance-parametric v/s non-parametric tests, hypothesis testing, large samples,
small samples- chi-square test, z-test, t-test, binomial test, analysis of variance. Independence of
Attributes, Goodness of Fit Test and Test of Homogeneity. .
Evaluation Criteria :
MSE 30 marks
ESE 45 marks
Assignment 10 marks
Quiz 10 marks
Attendance 05 marks
References
1. Anderson, Statistics for Business & Economics, Thomson Learning, Bombay.
2. Anderson, Quantitative Methods in Business, Thomson Learning, Bombay.
3. Bhardwaj, R.S, Business Statistics, Excel Books
4. Gupta S.P. & Gupta M.P., Business Statistics, Sultan Chand & Sons, Delhi.
5. Levin & Rubin, Statistics for Management, Prentice Hall of India, New Delhi

Business Decision Making

Course Code: 14M1GHS135

Course Credit: 3-0-0

LECTURE PLAN
Lecture .No
1.

Topic

Faculty
Dr.Sandeep Srivastava

Construction of frequency distributions and their analysis in

the form of measures of central tendency and variations
Do
Types of measures , Coeffecient of Skewness & Kurtosis
Index Numbers : Definition and Methods of Construction of
Index Numbers
Tests of consistency, Base shifting, splicing and Deflation
Problems in construction, importance of index numbers in
Managerial decision making.

Dr.Sandeep Srivastava

Dr.Rajeev Srivastava

15.

Unit 2.
Co-relation Analysis: meaning & types of correlation
Karl Pearsons coefficient of correlation and spearmans rank
correlation,
Regression analysis-meaning and two lines of regression
Relationship between correlation and regression co-efficient
Time series analysis- measurement of trend and seasonal
variations
Time series and forecasting
Unit 3.
Probability- basic concepts and approaches
Addition, multiplication and Bayes theorem

16.
17.

Probability distributions - meaning, types and applications, ,

Poisson distribution.

Dr.Sandeep Srivastava
Dr.Sandeep Srivastava

18
19.
20.
21.
MID
SEMESTE
R
22.

Normal distribution
Binomial distribution
Problem Solving session
Tutorial

Dr.Sandeep Srivastava
Dr.Sandeep Srivastava
Dr.Sandeep Srivastava
Dr.Sandeep Srivastava

Unit 4.
Statistical inference: Concept of sampling distribution
Sampling Distribution: parameter and statistics, standard error.
Theory of estimation: Point and interval estimation,
construction and confidence limits for mean.
Do
Do
Tutorial
Unit 5.
Tests of Significance -parametric v/s non-parametric tests
Hypothesis testing, large samples, small samples
chi-square test
z-test
t-test
Binomial test, analysis of variance.
Independence of Attributes, Goodness of Fit Test and Test of
Homogeneity
Do
Hands on experience on SPSS -1

Dr. Rachna Chaturvedi

2.
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Unit .1
Introduction

Dr.Sandeep Srivastava
Dr.Sandeep Srivastava
Dr.Sandeep Srivastava
Dr.Sandeep Srivastava
Dr.Sandeep Srivastava

Dr.Rajeev Srivastava
Dr.Rajeev Srivastava
Dr.Rajeev Srivastava
Dr.Rajeev Srivastava
Dr.Rajeev Srivastava
Dr.Sandeep Srivastava
Dr.Sandeep Srivastava

Dr. Rachna Chaturvedi

Dr. Rachna Chaturvedi
Dr. Rachna Chaturvedi
Dr. Rachna Chaturvedi
Dr. Rachna Chaturvedi
Dr. Rachna Chaturvedi
Dr. Rachna Chaturvedi
Dr. Rachna Chaturvedi
Dr. Rachna Chaturvedi
Dr. Rachna Chaturvedi
Dr. Rachna Chaturvedi
Dr. Rachna Chaturvedi
Dr. Rachna Chaturvedi
Dr.Sandeep Srivastava

37.
Hands on experience on SPSS -2
38.
Hands on experience on SPSS -3
39.
Hands on experience on SPSS -4
40.
Hands on experience on SPSS-5
END SEMESTER

Dr.Sandeep Srivastava
Dr.Sandeep Srivastava
Dr.Sandeep Srivastava
Dr.Sandeep Srivastava