Still no participant
Still no reviews
• To understand, analyse and interpret empirical data
• To develop logical thinking for need of statistical tools and techniques.
• Develop an understanding on different types of data and statistical tools available for empirical analysis
• Identify different statistical tools that are essential for the empirical and analytical study of various business problems
Module 1
Logic for problem solving: Induction, deduction, falsification
Module 2
Measurement of data, types of data, population, random variables, statistics, parameters and estimators
Module 3
Probability: Conditional and Bayesian Approach
Distribution: binomial, poison and normal
Central Limit Theorem
Module 4
Hypothesis testing
Relationship between α and β and sample size.
Sample size calculator, t test, Chi square (all through cases using SPSS/Excel)
Module 5
Project will be an info-graphic project which has to include story line and descriptive statistics like measures of central tendency; comparison, graphs
Population and random variables
Parameters and Estimators
Parameters and Estimators
Parameters and Estimators
Introduction to probability- Theorems of probability, calculation of probability
Practice Class (Problem will be given on addition and multiplication theorem)
Conditional Probability
Practice Class
Practice Class
Poison Distribution
Normal Distribution
Practice Class
Practice Class
A case will be given to calculate sample from the population
Practice class with used data set
Practice class with used data set
Z test with used data set
Practice Class
Practice Class
Practice Class
Practice class with used data
Practice class with used data
Practice class with used data
Practice class with used data
Practice class with used data
Project-An info graphic project on Indian economy which should include a story line, descriptive statistics and graph
Discussion on different descriptive statistics required for the analysis
Project presentation
Project presentation
Project presentation
Project presentation
Dr. Bibhunandini Das is working as Associate Professor in Economics in the school of management, Centurion University of Technology and Management, Odisha. Dr Bibhunandini Das has obtained her PhD from the Centre for Development Studies, Jawaharlal Nehru University, New Delhi in 2015. Prior to joining CUTM, she has worked with Indian Institute of Public Health, […]