Statistics for Finance

Course Outcome

  • Remembering the evolution of Statistics both in the Indian and global context
    1. To understand Statistics & its diverse applications across fields.
    2. To understand concept of central tendency, dispersion and shape of the data.
    1. To apply knowledge of different types of data to identify appropriate representation of data
    2. To apply the concept of descriptive statistics, graphs and bivariate techniques to understand the data better.
    1. To analyze data with basics of descriptive statistics.
    2. To use correlation, regression and association to analyze the relationship between variables in the data.
    1. To evaluate the appropriateness of association & correlation analysis in different business contexts and its implications for decision-making.
    2. To evaluate the effectiveness of regression analysis in predicting and forecasting outcomes in commerce-related fields.