STATISTICS FOR BUSINESS DECISIONS

Paper Code: 
FSG 225
Credits: 
6
Contact Hours: 
90.00
Max. Marks: 
100.00
Objective: 

Course Outcomes (Cos):

 

Course Outcomes

Learning and teaching strategies

Assessment Strategies

On completion of this course, the students will be able to:

 

CO55: Examine the basic concept of  common parametric and non-parametric tests.

CO56: Appraise  simple regressions and multivariate analysis.

CO57: Organize and appraise the  results produced by statistical software

CO58: Formulate and solve problems in a systematic approach.

CO59: Examine and Appraise different non parametric tests.

CO60: Organize and evaluate various techniques of advanced analysis for research work.

Interactive Lectures, Group Discussion, Tutorials, Reading assignments, Workshops and question preparation

 

Quiz, test, assignments, viva-voce

 

18.00
  • Statistical Testing: Parametric vs. Non parametric.
  • Parametric Tests- t-test: One Sample, Independent Sample, Paired t test.

 

18.00

Analysis of variance

  • Assumptions of One Way ANOVA, Testing for differences in mean between the group, Measure of Association, Assumption of Two way ANOVA, Procedure for Testing Two Way ANOVA.

 

18.00
  • Non Parametric Tests: Mann Whitney U test, Wilcoxon Signed ranks test, Kruskal Wallis Test, Friedman Test.
  • Chi square Test: Test of Independence, 2x2 Cross tabulation, Layered cross tab, Goodness of fit.

 

18.00
  • Regression: Assumptions, Linear Regression, Multiple Regression

 

18.00
  • Advanced Analysis: Factor Analysis, Principal Component Method, Confirmatory Factor Analysis.

 

Essential Readings: 
  • Andy Field, Discovering Statistics Using IBM SPSS Statistics,Sage Publications
  • Kiran Pandya, Smruti Bulsari, Sanjay Sinha, SPSS in Simple Steps, Dreamtech Press
  • A. Rajathi & P. Chandran (2012), SPSS for You, MJP publishers.
  • Lawrence M Mayers, Glenn C Gamst, A J Guarind, Performing Data Analysis Using SPSS, Wiley

 

References: 

SUGGESTED READINGS

  • S. Ajai Gaur (2009), Statistical methods for practice & research: A guide to Data Analysis using SPSS, Sage Publishers.
  • Seyed Reza Hashemian Rahaghi, Farnaz Abed Ashtiani, Basic of Statistics & SPSS, create space independent publishing platform.
  • Keith Mc Cormick, Jesus Salcedo, Jon Peck, Andrew Wheeler, SPSS Statistics for Data Analysis and Visualization, Wiley
  • James B Cunningham (2011), Using SPSS: An interactive hands- on Approach, Peacock publisher, 3rd Edition.

e-RESOURCES:

JOURNALS:

  • Business Perspectives and Research
  • FIIB Business Review
  • Harvard Business Review
  • IUP Journal of Accounting Research
  • Jindal Journal of Business Research
  • Nirma University Journal of Business & Management Studies
  • Oorja
  • The Chartered Accountant
  • The ICFAI reader
  • The Indian Journal of Commerce
  • Vikalpa: Journal for Decision Makers

 

Academic Year: 
2023-2024
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