Description:

Elements of Statistics is a course designed for first-semester students pursuing their Bachelor of Commerce (Bcom). This course provides an introduction to the fundamental principles and concepts of statistics. Students will learn about descriptive statistics, probability, and statistical inference. The course aims to equip students with the necessary skills to analyze and interpret data in various business contexts.

Key Highlights:

• Explore the basic concepts of statistics
• Learn how to calculate measures of central tendency and dispersion
• Understand the principles of probability and its application in business
• Gain knowledge of statistical inference and hypothesis testing
• Develop practical skills in data analysis and interpretation

What you will learn:

• Introduction to Statistics:
  This module provides an overview of statistics, its importance, and basic statistical terms and concepts.
• Descriptive Statistics:
  In this module, you will learn how to summarize and present data using measures of central tendency and dispersion.
• Probability:
  This module covers the principles of probability, including probability rules, conditional probability, and probability distributions.
• Statistical Inference:
  Learn the fundamentals of statistical inference, hypothesis testing, confidence intervals, and the interpretation of statistical results.
• Data Analysis:
  Develop practical skills in analyzing and interpreting data using statistical software and tools.