MSE1005 PROBABILITY AND STATISTICAL ANALYSIS

Module 1
Probability Theory: Random Experiment Mathematical or Apriori Definition of Probability, Statistical or
Aposteriori Definition of Probability, Axiomatic Definition of Probability, Conditional Probability
Independent Events, Theorem of Total Probability, Bayes Theorem or Theorem of Probability of Causes,
Bernoullis Trails De Moivre-Laplace Approximation, Generalisation of Bernoullis Theorem Multinomial
Distribution.
Module 2
Random Variables: Discrete Random Variable, Probability Function, Continuous Random Variable,
Probability Density Function Cumulative Distribution Function, (cdf), Properties of the cdf F (x), Special
Distributions, Discrete Distributions, Continuous Distributions, Two-Dimensional Random Variables,
Probability Function of (x ,y),Joint Probability Density Function, Cumulative Distribution
Function,Properties of F (x, y), Marginal Probability Distribution, Conditional Probability Distribution,
Independent RVs, Random Vectors, Marginal Probability Distribution of X {i, pi*}, Marginal Probability
Distribution of Y: {j, P*j}.
Module 3
Functions of Random Variables: Function of One Random Variable, One Function of Two Random
Variables,Two Functions of Two Random Variables, Statistical Averages Expected Values of a TwoDimensional RV, Properties of Expected Values, Covariance and Correlation, Properties, Conditional
Expected Values, Characteristic functions, Properties of MGF, Properties of Characteristic Function
,Comulant Generating Function (CGF), Joint Characteristic Function (`CGF).
Module 4
Special Probability Distributions: Introduction, Special Discrete Distributions - Binomial, Poission,
Geometric and Hyper geometric Distributions and their Properties (mean, Variance etc) Special Continuos
Distributions- Uniform, Exponential, Erlang and Normal Distributions as There Properties.
Module 5
Tests of Hypotheses: Parameters and Statistics, Sampling Distribution, Estimation and Testing of
Hypotheses, Tests of significance, errors, Tailed Tests, critical values, Students T- Distribution, Snedecors
F- Distribution and Chi- square Distribution and Their uses and Properties.
Module 6
Random Processes: Classification of Random Processes, Methods of Description of a Random Process,
Special Classes of Random Processes, A verge Values of Random Processes, Stationarily, Example of a
SSS Process, Analytical Representation of a Random Process, Autocorrelation Function and Its Properties
of R (t),
Module 7
Special Random Processes:Definition of Gaussian Process, Properties, Processes Depending on
Stationary Gaussian Process, Poisson Process, Probability Law for the poison Process {X (t)}, Second
Order Probability Function of a Homogeneous, Poisson Process, Mean and Autocorrelation of the Poisson
Process, Properties of Poisson Process,Markov Process, Definition of a Markov Chain, Chapman
Kolmogorov Theorem, Classification of States of a Markov Chain
Reliability Engineering: Concepts of Reliability, Reliability of Systems, Maintainability and Availability.

Text Book:
T. Veerarajan Probability, Statistical, Random Processes 2nd Ed., TMH, New Delhi, 2003.
Reference Books:
1.
A. Papoulis & S.V. Pillai Probability, random Variables and Stochastic Processes, 4th Ed., TMH,
New Delhi.
2. S.M.Ross- Probability Models , 6th Ed. Harcourt Asia Pte Ltd, New Delhi, 2000.
1. R.V. Hogg and A.T. Craig Introduction to Mathematical Statistics, 5th Ed, Pearson Education, New
Delhi, 2004.
2. J.E. Freund and R.E. Walpole, Mathematical Statistics, 5th Ed., PHI, New Delhi, 2000.

MBA 2005 BUSINESS RESEARCH

Contact Hours: 36 -40
Course Outline

Credits: 3 L-T-P: 3-0-0

To equip the students with the basic understanding of the research methodology and to provide an insight into the
application of modern analytical tools and techniques for the purpose of management decision making
Module 1
Introduction Objective, Types, Methods & Process. Research Problem - Selection , Need & Techniques for defining
a Problem, Concepts of Inductive & Deductive Logic, Development of Hypothesis.
Module 2
Qualitative and Quantitative Research Concept & Measurement, Causality, Generalization, Replication, Merging
Qualitative and Quantitative Research Methods.
Module 3
Research Design Features of a good Research Design, Exploratory & Descriptive Research Design - Concept,
Types, Usage, Experimental Design - Causal relationships, Concept of Independent & Dependent variables,
Concomitant variable, Extraneous variable, Treatment, Control group.
Module 4
Sampling Design Census and Sample survey, Implication of Sample design, Sample size determination,
Characteristics of a good Sample design, Types of Sample design.
Module 5
Attitude Measurement and Scaling Techniques Measurement in Research, Types of Measurement Scales, Scaling
Techniques - Likert, Thurstone, Semantic Differential.
Module 6
Collection, Processing and Analysis of Data Primary and Secondary data, Tools of data collection, Questionnaire
and Schedule distinc tion , Selection of appropriate method of Data Collection , Processing Operations, Problem in
Processing, Types of Analysis.
Module 7
Multivariate Data Analysis
Introduction to ANOVA, Discriminant Analysis, Factor Analysis, Conjoint Analysis and Clustering Methods,
Significance of these tools for Managerial Decision Making.
Report Writing
Minimum 5 Cases to be discussed
Suggested Readings
1. Business Research Methods, Cooper & Schindler, Tata McGraw Hill.
2. Research Methods for Business Students, Saunders, Pearson Education
3. Business Research, Collis J and Hussey R, Palgrave publication
4. Research Methods in Business & Social Sciences, Kothari C.R., Macmillan.
5. Business Research Methods, Bryman, Al an & Emma Bell, Oxford University Press.
6. Social research methods, Walliman, Nicholas Sage Publications.
7. Statistical Methods in Business & Social Sciences, Shenray & Pant., Macmillan
8. Research Methods in Behavioural Sciences, Dwivedi R.S, Macmillan.
9. Research Methods for Business, Uma Sekaran, Wiley Publications