GENERIC ELECTIVE I
Course Title: STATISTICAL METHODS AND ITS APPLICATIONS
Course Code: Credits :3
L:3 T:1 P:0 S:0 CIA Marks : 50 Marks
Exam Hours: 3 Hrs. ESE Marks : 100 Marks
Learning Objectives:
● To Define the type and quantity of data need to be collected.
● To Organize and summarize the data.
● To Analyze the data and drawing conclusions from it.
Course Outcomes: At the end of the Course, the Student will be able to:
CO Students come to know how to collect and classify the data and its limitations.
1 Students know how to resent/compare the data using Diagrams and Graph.
CO
Students Come to know measures of location.
2
CO
Students Come to know measures of dispersion.
3
CO
Students Know correlation with different methods, Partial and Multiple correlation
4
CO Students know the concepts of Regression analysis for different data and different
5 methods, concept of curve fitting and exponential random graph models.
Mapping of CO with PO & PSO:
PO1 PO2 PO3 PO4 PO 5 PSO1 PSO2 PSO3 PSO4 PSO5
CO1 2 2 3 2 2 3 3 3 2 2
CO2 3 1 3 2 2 2 2 1 2 3
CO3 2 2 2 2 2 1 2 2 2 2
CO4 2 2 2 3 2 2 1 3 2 1
CO5 1 2 3 2 3 2 3 2 1 3
3-Strong 2-Medium 1-Low
Tutorial Schedule Group Discussion, Quiz and Group Activities.
Chalk and Board Teaching, Power Point
Teaching and Learning Methods
Presentation and Virtual Learning.
Attendance, Assignment, Seminar, CIA – I,
Assessment Methods
CIA – II and ESE.
Module Contents of Module Hr s COs
Nature and Scope of Statistical Methods and Their Limitations – Collection,
Classifications, Tabulation and Diagrammatic Representation of various types of
I statistical data – Frequency Curves and Ogives – Graphical determination of 9 CO1
percentiles quartiles and their properties – Merits and Demerits.
Measures of Location: Arithmetic Mean, Median, Mode, Geometric Mean,
II Harmonic Mean – Merits and Demerits – Simple Problems. 9 CO2
Measures of Dispersion: Range, Quartile Deviation, Mean Deviation, Standard
III Deviation, Coefficient of Variation, Skewness and Kurtosis – Simple Problems. 9 CO3
Correlation: Definition, Scatter diagram, Karl Pearson’s, Spearman’s rank and
IV Concurrent deviation methods, Partial and Multiple correlation (Definition Only) – 9 CO4
Simple problems.
Regression Analysis: Regression Lines, Regression equations, Regression
Coefficients, Properties of regression coefficients – Simple Problems. Curve fitting
V – Principle of Least squares – Fitting of first degree and second degree polynomial 9 CO5
– Simple problems.
Text Books:
1. Gupta, S.C and Kapoor, V.K., “Fundamentals of Mathematical Statistics”, Sultan
Chand and Sons, New Delhi, 2002.
2. Freund J.E (2001): Mathematical Statistics, Prentice Hall of India.
3. Goon A.M., Gupta M.K., Das Gupta.B. (1991): Fundamentals of Statistics, Vol.I,
World Press, Calcutta.
Books for References:
1. Bhat B.R. Srivenkatramana T and Rao Madhava K.S. (1997): Statistics: A Beginner’s
Text, Vol. II, New Age International (P) Ltd.
2. Rohatgi V.K (1967): An Introduction to Probability Theory and Mathematical
Statistics, John Wiley and Sons.
3. Snedecor G.W and Cochran W. G. (1967): Statistical Methods. Iowa State University
Press.
Website Link:
1. https://www.tutorialspoint.com/class_11th_statistics_for_economics/index.asp
2. https://www.surveysystem.com/correlation.htm
3. https://investopedia.com/terms/r/regression.asp
4. https://www.bmj.com/about-bmj/resources-readers/publications/statistics-sqare-one/
11-correlation-and-regression
