Syllabus
Course Code: CC-8 IN-ECO-403 Course Name: Statistics for Economics-II |
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MODULE NO / UNIT | COURSE SYLLABUS CONTENTS OF MODULE | NOTES |
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1 | (i-a) Probability-Basic Concepts, Definitions-Classical and Statistical Definition, Theorems of Probability: Addition Theorem, Multiplication Theorem and Bay's Theorem (i-b) Probability Distribution: Binomial, Poisson and Normal Probability Distribution and their Properties |
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2 | (ii-a) Sampling and Sampling Distribution: Some Basic Concepts, Method of Sampling- Census and Sample Method, Sampling and Non Sampling Errors, Sampling Distribution (ii-b) Tests of Hypothesis: Large-Sample Tests- Basic Concepts of Hypothesis Testing and Small Sample Tests-t-test, Fisher’s Z-test and F-test. |
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3 | (iii-a) Chi-Square Test (iii-b) Other Non-Parametric Tests-Sign Test, Wilcoxon Signed Rank Tests, Mann-Whitney U-test, Kruskal-Willis Test. |
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4 | (iv-a) Statistical Estimation Theory: Properties of Good Estimator, Applications of Point Estimation, Interval Estimation for Small Samples (iv-b) Statistical Decision theory: Elements of Decision Problem, Decision Criteria, Applications of Decision Making Under Risk and Decision Tree; Statistical Quality Control (S.Q.C.): meaning, Definition, advantages and Methods of S.Q.C., Control Chart, Types of Control Charts. |