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Statistics is that branch of mathematics that is used to deal with collecting, organizing, analyzing, interpreting the data. Statistics is now applicable in all every facet of our life thus it plays a good fascinating role for some students due to which they choose to move further in it only, for this purpose they choose it as a main course to study and pursue their undergraduate, postgraduate and doctorate level study within this stream.
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Study more about course Applied Business Research and Statistics -
Applied Business Research and Statistics allows students to study statistics and probability concepts in business decisions. It generally includes development of effective research, creating sampling populations and instruments. Other major topics included within this course are descriptive statistics, data collection, regression analysis, data analysis, parametric and non-parametric tests and confidence intervals and sampling designs.
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- Analyzing percentiles, quartiles and number summary
- Describing the importance of probability
- Determining probability using relative frequency approach
- Analyzing different measures of central tendency
- Learning the key concepts of statistical concepts and making managerial decisions
- Determining skewness of distribution
- Analyzing measures of variations such as standard deviation, range and coefficient of variations
- Understanding probability distribution
- Learning about random variables and its types such as discrete and continuous
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