This course is aimed at being a pre term or a preparatory course for probability and statistics. It is very basic and introduces the students to the understanding of data and measuring associations. It also introduces the concepts of probability and distibutions
Important For Certification/Credit Transfer:
Weekly Assignments and Discussion Forum can be accessed ONLY by enrolling here
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Note: Content is Free!
All content including discussion forum and assignments, is free
Final Exam (in-person, invigilated, currently conducted in India) is mandatory for Certification and has INR Rs. 1100 as exam fee.
INTENDED AUDIENCE: Students, young managers/executives
CORE/ELECTIVE: Core (preparation course)
UG/PG: UG/PG
PREREQUISITES: NIL
INDUSTRY SUPPORT: Most industry should recognize this course.
6415 students have enrolled already!!
ABOUT THE INSTRUCTOR:
G Srinivasan is a Professor in the Department of Management Studies at IIT Madras. He has more than 25 years of teaching and research experience. His areas of Interest include Operations Research, Supply Chain Management, O.R. Applications. His videos in Operations Research available under NPTEL are popular.
COURSE LAYOUT:
Week 1 : Different types of data, Tables, charts, histograms, frequency distributions Week 2 : Measures of association
Week 3 : Probability concepts, conditional probability, bayes theorm Week 4 : Probability distributions – random variable, expected value and variance
Discrete distributions – Binomial, Poisson
Continuous distributions – Uniform, Normal
SUGGESTED READING MATERIALS:
• Statistics for Business: Decision Making and Analysis, 2nd Edition
Robert A. Stine, Dean Foster,2014 ,Pearson
CERTIFICATION EXAM :
The exam is optional for a fee.
Date of Exams : October 07 (Sunday)
Time of Exams : Morning session 9am to 12 noon; Afternoon session: 2pm to 5pm
Exam for this course will be available in both morning & afternoon sessions.
Registration url: Announcements will be made when the registration form is open for registrations.
The online registration form has to be filled and the certification exam fee needs to be paid. More details will be made available when the exam registration form is published.
CERTIFICATION:
Final score will be calculated as : 25% assignment score + 75% final exam score
25% assignment score is calculated as 25% of average of Best 3 out of 4 assignments.
E-Certificate will be given to those who register and write the exam and score greater than or equal to 40% final score. Certificate will have your name, photograph and the score in the final exam with the breakup.It will have the logos of NPTEL and IIT Madras.It will be e-verifiable at nptel.ac.in/noc.
