MBA Business Statistics

I am studying MBA now I need the syllabus of the Business Statistics which is subject in this so please give me syllabus of the Business Statistics.

[Arvind Kumar]

As you have required the syllabus of the MBA Business Statistics here I am giving you its syllabus as given below:-

MBA 015 : BUSINESS STATISTICS
Max. Hours : 40
Unit I (8 Sessions)
Role of statistics: Applications of inferential statistics in managerial decision-making; Measures of central
tendency: Mean, Median and Mode and their implications; Measures of Dispersion: Range, Mean deviation,
Standard deviation , Coefficient of Variation ( C.V.) , Skewness, Kurtosis.
Unit II (12Sessions)
Time series analysis: Concept, Additive and Multiplicative models, Components of time series, Trend analysis:
Least Square method - Linear and Non- Linear equations, Applications in business decision-making.
Index Numbers:- Meaning , Types of index numbers, uses of index numbers, Construction of Price, Quantity
and Volume indices:- Fixed base and Chain base methods.
Correlation:- Meaning and types of correlation, Karl Pearson and Spearman rank correlation.
Regression:- Meaning , Regression equations and their application , Partial and Multiple correlation &
regression :- An overview.
Unit III (10 Sessions)
Probability: Concept of probability and its uses in business decision-making; Addition and multiplication
theorems; Bayes’Theorem and its applications.
Probability Theoretical Distributions: Concept and application of Binomial; Poisson and Normal distributions
Unit IV (10 Sessions)
Estimation Theory and Hypothesis Testing: Sampling theory; Formulation of Hypotheses; Application of Ztest,
T-test, F-test and Chi-Square test. Techniques of association of Attributes & Testing.