Ba4101 Statistics For Management Notes Pdf Official

Qualitative (categorical) vs. Quantitative (numerical). Probability and Distributions

This is the most "applied" part of the syllabus. It allows managers to test if a new strategy or product is actually better than the old one. Tests to Remember Comparing means between groups. ba4101 statistics for management notes pdf

Memorize the conditions for using a Z-test vs. a T-test (Sample size > 30). Qualitative (categorical) vs

The risks of rejecting a true null hypothesis or accepting a false one. Correlation and Regression Analysis ba4101 statistics for management notes pdf

The "Bell Curve" used for quality control and finance.

Used for "yes/no" or "success/failure" scenarios.