The objective of this course is to familiarize students with the basic statistical tools used for decision-making.
Course Outcome (COs):
Course |
Learning outcome (at course level) |
Learning and teaching strategies |
Assessment Strategies |
|
Paper Code |
Paper Title |
|||
AAF 215 |
Business Statistics |
Upon successful completion of this course, the student will be able to: CO 61: Construct basic statistical concepts such as statistical collection, statistical series, a tabular representation of data CO 62: Calculate measures of central tendency, dispersion and asymmetry, correlation, and regression analysis CO 63: Calculate basic statistical parameters viz- mean, measures of dispersion, correlation coefficient, indexes CO 64: Explain the meaning of the calculated statistical indicators CO 65: Assess statistical methods for solving practical problems CO 66: Integrate statistical relationships between variables in data sets CO 67: Predict values of strategic variables using regression and correlation analysis CO 68: Analyze numerical and quantitative issues in business |
Approach in teaching: Interactive Lectures, Discussion, Tutorials, assignments.
Learning activities for the students: Self learning assignments, Effective questions, Giving tasks, |
Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Individual projects |