CERTIFICATE IN QUANTITATIVE TECHNIQUES IN BUSINESS

Duration: 3 MONTHS

Course Syllabus


Functions
Types of functions, limit and continuity, Elementary differential, Partial differential (first order and
second Order), Theory of Maxima and minima for single and two variables, Business applications of differential, Matrices
and determinants, solution of simultaneous linear equation up to 3 variables.

Statistics
Meaning and Applications of Statistics in business decision making and research. Collection, Tabulation and
presentation of data.
Measures of central tendency: Mean, Median and Mode. Measures of dispersion.

Correlation
Karl Pearson’s coefficient of correlation, Rank, Probable error and coefficient of determination.
Regression Analysis: Regression Lines, Equations and Coefficients.
Analysis of Time Series and Business Forecasting: Components, Moving Averages, Exponential smoothing and Least
Squares Method.

Index numbers
Simple and Weighted, WPI and CPI.
Elementary Probability Theory. Normal, Binomial and Poisson Distribution. Elementary Sampling Theory, Estimation
Theory, Hypotheses, Large and small samples

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Eligibility

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