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UNIT 1 Statistics [Book Link]
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| 1 |
Statistics: Definition, Importance, Limitation |
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| 2 |
Collection of Data and Formation of Frequency Distribution |
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Graphical Representation of Frequency Distribution |
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Measures of Central Tendency- Mean, Median, and Mode |
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Partition Values- Quartile, Deciles, Percentiles |
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Measures of Variation- Range, IQR |
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Quartile Deviation |
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Standard Deviation |
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Lorenz Curve |
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UNIT 2 Correlation Analysis [Book Link] |
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| 1 |
Correlation Coefficient, Assumptions of Correlation Coefficient |
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Coefficient of Determination and Correlation |
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Measurement of Correlation – Karl Pearson’s Method, Spearman Rank Correlation |
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Regression- Meaning, Assumption, Regression Line |
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Ordinary Least Square Method of Regression |
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Pitfalls and Limitations Associated With Regression and Correlation Analysis |
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UNIT 3 Linear Programming [Book Link] |
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| 1 |
Concept and Assumptions Usage in Business Decision Making |
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Linear Programming Problem |
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Formulation of Linear Programming |
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Methods of Solving- Graphical and Simplex |
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Duality- Concepts, Significance |
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UNIT 4 Transportation And Assignment Problems [Book Link] |
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| 1 |
General Structure of Transportation Problem |
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Different Types Methods for Finding Initial Solution by North – West Corner Rule, Least Cost Method and Vogal Approximation Method |
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Testing For Optimality |
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Assignment Problem- Hungarian Assignment Methods |
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Unbalanced Assignment Problems |
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Restriction in Assignment |
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Travelling Salesman Model |
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