To acquaint the students with tools of MS Excel used for statistical analysis and data handling techniques.
Excel Basics Editing and formatting data Performing calculations (absolute and relative referencing) Mathematical and Statistical functions Data presentation- creating frequency distribution and charts.
Measures of central tendency, dispersion, skewness and kurtosis
Correlation analysis- Karl Pearson’s & Spearman’s rank correlation coefficient. Regression analysis.
Time series: moving averages, trend, forecasting Calculation of Index numbers
Probability distributions- Binomial, Poisson and Normal. Applications of Z, t, chi-square & F tests, Analysis of Variance: One way and two way.
Software to be used: MS Excel
Davis, Glyn and Pecar Branko, Business Statistics using Excel, Oxford University Press 2010.