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Statistics for Business Decisions Practical [1]

Paper Code: 
CBBA 402
Credits: 
2
Contact Hours: 
30.00
Max. Marks: 
100.00
Objective: 

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

 

Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects

 

6.00
Unit I: 
Correlation Analysis

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

6.00
Unit II: 
Regression Analysis

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

6.00
Unit III: 
t-test

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

6.00
Unit IV: 
Analysis of variance

Analysis of variance: One way ANOVA and Two way ANOVA using statistical softwares 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 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.

References: 

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... [2]
• https://www.google.co.in/books/edition/Essentials_of_Business_Research/s... [3]
• https://www.google.co.in/books/edition/Research_Methodology/a3PwLukoFlMC... [4]
Journals:
• Journal of Business Research
• Business Perspective and Research
• IIS Journal of Commerce & Management
• Indian Journal of Applied Research

Academic Year: 
2022-2023 [5]

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Source URL: https://www.management.iisuniv.ac.in/courses/subjects/statistics-business-decisions-practical-5

Links:
[1] https://www.management.iisuniv.ac.in/courses/subjects/statistics-business-decisions-practical-5
[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?hl=en&gbpv=1&dq=business+research+full+preview&printsec=frontcover
[4] https://www.google.co.in/books/edition/Research_Methodology/a3PwLukoFlMC?hl=en&gbpv=1&dq=research+methods+full+preview&printsec=frontcover
[5] https://www.management.iisuniv.ac.in/academic-year/2022-2023