Indian Institute of Technology Guwahati

Proposal for a New Course

Course Number & Title: BM504H – Business Statistics and Data Analysis for Management
L-T-P-C: 4-0-0-4
Course Content / Syllabus:

Descriptive measures, variance, co-variance, coefficient of correlation: Pearson, Spearman, Partial; Probability, basic concepts, conditional probability, independence, marginal probability; Random variables, discrete probability distributions, continuous probability distributions, normal distribution; Statistical inference, sampling distributions, confidence interval estimation; Testing of hypothesis, one-sample test, t-Test, z-Test, two sample test, Z-test, F-test; Regression, simple linear regression, multiple linear regression, hierarchical regression.

Books
References