1.3 MANAGERIAL STATISTICS


UNIT -I

Time series and components, Trend analysis.

UNIT - II

Correlation analysis and regression analysis. Introduction to Multiple Regression.

UNIT - III

Introduction to probability, Approaches to probability. Additive and multiplicative laws of probability. Conditional probability, Reye’s theorem and its applications. Probability distributions - Binomial, Poisson and Normal distributions.

UNIT - IV

Theory of sampling - Concept of sampling, Probability and nonprobability sampling, selection, methods and size of sample, sampling distribution.

UNIT - V

Inference - Estimation - Significance tests - Tests for proportions, means & standard deviations - Analysis of Variance. One way classification and two way classification - with and without interaction. Chi-square test for goodness of fit and Independency of attributes.

Suggested Readings:

1.Richard I Levin : Statistics for Management : Prentice Hall of India Ltd.,New Delhi, 1988.

2.Freud, John F:Modern Elementary Statistics ; Prentce Hall;New Jersey,1984.

3.Gupta, S.C. - Fundamentals of Statistics, Himalaya Publishing House.