STATISTICS FOR MANAGEMENT

FULLY SOLVED BOOK LASY 5 YEARS PAPERS SOLVED PLUS GUESS

STATISTICS FOR MANAGEMENT 

UNIT-I
Introduction to Statistics-Overview, Origin and Development- Meaning and Salient Features of Statistics - Measures of central tendency: Mean - Median and Mode and Their Implications- Diagrammatic and Graphical Presentation of Data and General Rules of Tabulation - Applications of Inferential Statistics in Managerial Decision-Making.

UNIT-II
i. Hypothesis Testing- Introduction-Types of Hypothesis-Procedure of Testing Hypothesis-Types of Errors in Testing of Hypothesis-Two-tailed and One-tailed Tests of Hypothesis.
ii. Sampling Theory-Introduction to Sampling - Sampling Procedures- Methods of Sampling- Probability and Non- Probability sampling Methods-Merits and Limitations of Sampling - Standard Error.

UNIT-III
Tests of Significance for Variables:
i.Large Sample tests- Test for Means-Test for difference between two Standard Deviations.
ii.Small Sample Tests- Students t-Distribution-Properties and Applications-Testing for Means(Independent Samples).
iii. Analysis of Variance-One Way and Two Way ANOVA.

UNIT-IV
Non - Parametric Tests:
i. Chi-Square Test.
Ii. The Sign Test- Paired-Sample Sign Test.
iii. A Rank Sum Test: The Mann-Whitney U Test
iv. The Kruskal-Wallis or H- Test

UNIT-V
Business Forecasting Techniques: Correlation - Regression Analysis -Time Series Analysis- -Trend analysis- Moving averages- Least Square Method(LSM)