Bangalore University MBA STATISTICS I Semester February 2018 Question Paper solution

Bangalore University MBA STATISTICS Question Paper solution 2018
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Role of statistics: Applications of statistics in managerial decision-making; Phases of a statistical study, Presentation of data to convey meaning - Tables, Graphs and Frequency Distribution
Measures of central tendency: Mean, Median and Mode and their implications,
Measures of Dispersion: Range, Mean deviation, Standard deviation, Coefficient of Variation, Skewness, Kurtosis
Time series analysis: Concept, Additive and Multiplicative models, Components of time series. Trend analysis: Least Square method, Linear and Non- Linear equations, Exponential shooting method, Applications in business decision-making.
Index Numbers: Meaning, Types of index numbers, Uses of index numbers,
Construction of Price, Quantity and Volume indices, Fixed base and Chain base methods
Correlation: Meaning and types of correlation, Karl Pearson and Spearman rank correlation.
Regression: Meaning, Regression equations and their application
Probability: Concept of probability and its uses in business decision-making; Addition and multiplication theorems; Bayes’Theorem and its applications.
Probability Theoretical Distributions: Concept and application of Binomial; Poisson and Normal distributions
Introduction to sampling distributions, Sampling distribution of mean and proportion,
Sampling techniques
Estimation: Point and Interval estimates for population parameters of large sample and small samples, Determining the sample size.
Estimation Theory and Hypothesis Testing: Sampling theory; Formulation of
Hypotheses; Application of Z-test, t-test, F-test and Chi-Square test
Techniques of association of Attributes & Testing
ANOVA one and two way, Design of experiments
Chi-square test for single sample standard deviation, Chi-square tests for independence of attributes and goodness of fit, Sign test for paired data, Rank sum test
Kolmogorov-Smirnov, Test for goodness of fit, comparing two populations
Mann – Whitney U test and Kruskal Wallis test, One sample run test, rank correlation
Decision Theory – Decision under certainty, Decision making under risk (EMV criteria) and Decision making under uncertainty.