M-108: BUSINESS STATISTICS AND ANALYTICS FOR DECISION MAKING
                                                           SECTION-A
Unit  | Course Description | Sessions |
I | Matrices and Determinants:Â Definition of a Matrix, Types of Matrices, Algebra of Matrices, Transpose, Adjoint, Inverse of a Matrix. | 2 |
II | Business Applications using Matrices:Â Solving Linear Equations by Using Matrices, Input-Output Analysis. Application of Matrices for Solution to Simple Business and Economic Problems. | 3 |
III | Descriptive Statistics:Â Measures of Central Tendency and Dispersion and their Implications, Mean, Mode, Median, Variance and Standard Deviation and Coefficient of Variation, Z Score, Exploratory Data Analysis, Box and Whisker Plot | 3 |
IV | Correlation:Â Covariance and Coefficient of Correlation. Visual Explorations Using Software Like Microsoft Excel/MINITAB etc. | 3 |
V | Regression:Â Types of Regression Models, Determination of Simple Linear Regression Equation Using Least Square Method, Coefficient of Determination, Overview of Partial and Multiple Regressions. | 3 |
VI | Index Numbers:Â Meaning, Types of Index Numbers, Uses of Index Numbers, Construction of Price, Quantity and Volume Indices: Fixed Base and Chain Base Methods. Fisher Ideal Index Number. Ratio and Proportion. | 3 |
VII | Probability: Basic Probability Concepts, Conditional Probability, Marginal Probability, and its Uses in Business Decision Making; Bayes’ Theorem and its Applications. Probability Distributions: Concept and Application of Binomial, Poisson, Exponential and Normal Distributions | 4 |
VIII | Investment Analysis:Â Interest: Simple, Compound, Nominal and Effective Rate of Interest. Time Value of Money, Discounting. Annuity, Amortization and Sinking Funds. Breakeven Analysis. | 3 |
                                                          SECTION B
Note: 50% of the Questions will be Numerical & Cases/Inferences based.
(4.8 out of 5) 96% Customers recommended this product
Perfect for daily use. I am happy with this purchase.
My son loved it. Worth buying.
Good price compared to other websites. Value for money.
The product is genuine and works really well. Recommended.
Shopmarg never disappoints, fast delivery as always.
Excellent product and service. Will order again.
Product is good but packaging could be improved.
Overall satisfied, but expected faster shipping.
Average quality, expected a little better finish.
Very good quality product, exactly as shown in the picture.
Amazing quality, better than what I got from local stores.
Very useful, makes study/office work easier.
Exactly what I needed. Thank you Shopmarg team!.
Nice quality, though delivery was delayed by one day.
Item is useful but price is slightly high.
Arrived before the expected date, packaging was neat and safe.
Nice product, lightweight and easy to carry.
Good product, though the color/design was a bit different.
Product is fine, but delivery boy came late.
It’s okay, not very impressive but does the job.
