This course is aimed at being a pre term or a preparatory course for probability and statistics. It is very basic and introduces the students to the understanding of data and measuring associations. It also introduces the concepts of probability and distributions.
INTENDED AUDIENCE
Students, young managers/executives.
INDUSTRIES SUPPORT
Most industry should recognize this course.
ABOUT THE INSTRUCTOR
G Srinivasan is a Professor in the Department of Management Studies at IIT Madras. He has more than 25 years of teaching and research experience. His areas of Interest include Operations Research, Supply Chain Management, O.R. Applications. His videos in Operations Research available under NPTEL are popular.
Additional information
Institute
IIT Madras
Total hours
10
Certification Process
1. Join the course
Learners may pay the applicable fees and enrol to a course on offer in the portal and get access to all of its contents including assignments. Validity of enrolment, which includes access to the videos and other learning material and attempting the assignments, will be mentioned on the course. Learner has to complete the assignments and get the minimum required marks to be eligible for the certification exam within this period.
COURSE ENROLMENT FEE: The Fee for Enrolment is Rs. 1000 + GST
2. Watch Videos+Submit Assignments
After enrolling, learners can watch lectures and learn and follow it up with attempting/answering the assignments given.
3. Get qualified to register for exams
A learner can earn a certificate in the self paced course only by appearing for the online remote proctored exam and to register for this, the learner should get minimum required marks in the assignments as given below:
CRITERIA TO GET A CERTIFICATE
Assignment score = Score more than 50% in at least 3/4 assignments.
Exam score = 50% of the proctored certification exam score out of 100
Only the e-certificate will be made available. Hard copies will not be dispatched.”
4. Register for exams
The certification exam is conducted online with remote proctoring. Once a learner has become eligible to register for the certification exam, they can choose a slot convenient to them from what is available and pay the exam fee. Schedule of available slot dates/timings for these remote-proctored online examinations will be published and made available to the learners.
EXAM FEE: The remote proctoring exam is optional for a fee of Rs.1500 + GST. An additional fee of Rs.1500 will apply for a non-standard time slot.
5. Results and Certification
After the exam, based on the certification criteria of the course, results will be declared and learners will be notified of the same. A link to download the e-certificate will be shared with learners who pass the certification exam.
CERTIFICATE TEMPLATE
Course Details
Week 1 : Different types of data, Tables, charts, histograms, frequency distributions Week 2 : Measures of association Week 3 : Probability concepts, conditional probability, bayes theorem Week 4 : Probability distributions – random variable, expected value and variance Discrete distributions – Binomial, Poisson Continuous distributions – Uniform, Normal
BOOKS AND REFERENCES:
Statistics for Business: Decision Making and Analysis, 2nd Edition Robert A. Stine, Dean Foster,2014 ,Pearson
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