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Courses » Business Statistics

Business Statistics

ABOUT THE COURSE:

This course will introduce you to business statistics, or the application of statistics in the workplace. Statistics is a course in the methods for gathering, analyzing, and interpreting data. You’ll also explore basic probability concepts, including measuring and modeling uncertainty, and you’ll use various data distributions, along with the Linear Regression Model, to analyze and inform business decisions.

INTENDED AUDIENCE:
Students of B.Tech. M.Tech, PhD and working professionals

CORE/ELECTIVE: Core

UG/PG: UG/PG

PREREQUISITES: None

INDUSTRY SUPPORT: None

3964 students have enrolled already!!

ABOUT THE INSTRUCTOR:



Dr. M.K. Barua is an Associate Professor at Department of Management Studies, Indian Institute of Technology Rooorkee. He is also seconded faculty Asian Institute of Technology (AIT) Bangkok and Defense Engineering College, FDRE’s Metals and Engineering Corporation, Ethiopia. Also he is visiting faculty at IIM Sirmaur and IIM Rohtak. His research interest includes Operations management, project management and supply chain management. He has published more than 100 research papers in international journals of repute

COURSE LAYOUT:

Week 1  :  Introduction, data collection and presenting data in tables 
Week 2  :  Numerical descriptive measures and basic probability
Week 3  :  Discrete and continuous probability distributions
Week 4  :  Sampling and sampling distributions
Week 5  :  Confidence interval estimation
Week 6  :  One sample tests and hypothesis testing
Week 7  :  Two sample tests means
Week 8  :  Two sample tests proportions and variance
Week 9  :  ANOVA
Week 10  :  Chi-Square tests
Week 11  :  Simple linear regression
Week 12  :  Multiple regression basics
CERTIFICATION EXAM :
  • The exam is optional for a fee.
  • Date and Time of Exams: April 27 2019(Saturday).  Morning session 9am to 12 noon; Afternoon Session 2pm to 5pm.
  • 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 8 out of 12 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 Roorkee.It will be e-verifiable at nptel.ac.in/noc.