Learning Outcomes
On completion of this course, the learner should be able to:
Demonstrate an understanding of statistical methods used in decision-making.
Demonstrate an understanding and application of statistical and mathematical models for estimation and forecasting.
Demonstrate an understanding and application of techniques used in solving optimization problems in management.
Course Overview (Video)
Course Curriculum
Unit 1 - Data Collection
Unit 2 - Sampling
Unit 3 - Data Classification
Unit 4 - Measures of Location
Unit 5 - Measures of Dispersion
Unit 6 - Measures of Skewness
Unit 7 - Regression Analysis
Unit 8 - Correlation Analysis
Unit 9 - Index Numbers
Unit 10 - Network Analysis
Unit 11 - Decision Theory
Unit 12 - Forecasting
Unit 13 - Linear Programming
Unit 14 - Probability
Unit 15 - Discrete Distributions
Unit 16 - Binomial Distributions
Unit 17 - Poisson Distribution
Unit 18 - Normal Distributions
Unit 19 - Statistical Inference
Unit 20 - Estimation Theory
Unit 21 - Hypothesis Testing
Unit 22 - Non-Parametric Tests
Unit 23 - Linear Algebra & Calculus
Unit 24 - Statistical Quality Control
Unit 1 - Data Collection
Lecture 1 - Data Collection Techniques
Unit 2 - Sampling
Lecture 1 - Sampling Techniques
Unit 3 - Classification And Presentation of Data
Lecture 1 - Classification of Data
Lecture 2 - Frequency Distribution Table
Lecture 3 - The Histogram
Lecture 4 - The Lorenz Curve
Lecture 5 - Constructing the Lorenz curve
Lecture 6 - Lorenz curve for ungrouped data
Unit 4 - Measures of Location
Lecture 1 - The Mode
Lecture 2 - The Median
Lecture 3 - The Mean
Unit 5 - Measures of Dispersion
Lecture 1 - Measures of Dispersion Explained
Unit 6 - Measures of Skewness
Lecture 1 - Measures of Skewness Explained
Unit 7 - Regression Analysis
Lecture 1 - Regression Analysis Explained
Lecture 2 - Least-Squares Regression Y on X
Lecture 3 - Least Squares Regression X on Y
Unit 8 - Correlation Analysis
Lecture 1 - Correlation Analysis Explained
Lecture 2 - Product moment Correlation Coefficient
Unit 9 - Index Numbers
Lecture 1 - Introduction to Index Numbers
Lecture 2 - Laspeyres and Paasche Index