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Mathematics-II-(Numerical-and-Statistical-Methods)
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Mathematics – II (Numerical and Statistical Methods)

Mathematics – II (Numerical and Statistical Methods). .

0

Description

Course Overview

Statistics is the study of the collection, organization, analysis, interpretation and presentation of data.It deals with all aspects of data including the planning of data collection in terms of the design of surveys and experiments.When analyzing data, it is possible to use one or both of statistics methodologies descriptive and inferential statistics in the analysis data.

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Lessons

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What is the importance of statistics in the domain of management?

Explain the branches of statistics.

How is data collected for statistical studies?

Discuss the Graphical Methods of Presenting Statistical Data.

Give an insight into the different approaches to Probability Theory.

Explain the fundamental rules of probability.

What is a Random Variable? How is it characterized?

What is a Probability Distribution? What are the different types of probability distributions?

Give some examples illustrating the applications of probability theory in business.

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