Course Code MATH211
Credits 3.00
Hours / Week 3

The cardinal objective for this course is to enhance the extent to which statistical thinking is blended with managerial thinking for decision making under uncertainty. This course is designed to provide students with the basic concepts and methods of statistical analysis in business and management with specific focus on the service sector. The course incorporates elements of Information and Communication Technology (ICT) as a tool for data gathering, organisation and analyses. Conventional problem-solving techniques are supplemented with computer-based solution methods using standard spreadsheet application software. Students will be able to comprehend a range of statistical concepts such as data types, populations, samples, measures of central tendency & dispersion, probability, probability distribution, sampling techniques, graphical representations and regression analysis. This understanding will enable students to analyze data, draw meaningful inferences, and make informed decisions based on the data.