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2024 Semester 1 Syllabus-5

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Arnav Chakraborty
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13 views

2024 Semester 1 Syllabus-5

Uploaded by

Arnav Chakraborty
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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a.

Course Name: Business Statistics


b. Course Code: 06200103
c. Prerequisite: A fundamental understanding of basic mathematical concepts such
as arithmetic, algebra and probability theory
d. Rationale: Business Statistics provides essential quantitative skills for data
analysis, decision-making, and forecasting. It equips students with tools to
interpret and draw insights from data, enabling informed strategic planning and
evidence-based decision-making crucial for managerial roles
e. Course Learning Objective:
CLOBJ 1 Impart the required skills in collecting and understanding the data using basic
statistical tools and techniques

CLOBJ 2 Understand the basic statistical tools and techniques relevant to managerial
decision-making through examples and cases drawn from different functional
areas

CLOBJ 3 Foundation for data collection, analysis, interpretation and presentation in


other courses

CLOBJ 4 Illustrate the fundamental concepts and techniques of forecasting

f. Course Learning Outcomes:


CLO 1 Understand various quantitative tools and techniques relevant to business
analysis
CLO 2 Develop the ability to interpret statistical analysis tools commonly used in
business decision making
CLO 3 Think critically about the data arising in management environments
CLO 4 Apply smoothing techniques such as moving averages and exponential
smoothing to analyze time series data

g. Teaching & Examination Scheme:


Teaching Scheme Examination Scheme
Hrs/ Week
Credit Total
External Internal
Lect Tut Lab
T P T CE P
4 - - 4 60 - 20 20 - 100

L- Lectures; T- Tutorial; P- Practical; C- Credit; MSE- Mid-Semester Evaluation, CE-


Continuous Evaluation, ESE- End Semester Examination

h. Course Content:
Sr. Teaching
Content Weightage
No Hours

1 Module 1: 20% 9
Introduction to Statistics: Statistics in Business, Basic
Statistical concepts, Variables and Data, Data
measurement. Visualizing the data: Frequency
Distributions, Quantitative Data Graphs, Qualitative

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