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Introduction to probability and Statistics

By Prof. G. Srinivasan   |   IIT Madras
Learners enrolled: 1332
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 distibutions

INTENDED AUDIENCE: Students, young managers/executives

PRE-REQUISITES:  NONE

INDUSTRIES SUPPORT : Most industry should recognize this course.
Summary
Course Status : Upcoming
Course Type : Core
Duration : 4 weeks
Start Date : 24 Jan 2022
End Date : 18 Feb 2022
Exam Date : 27 Mar 2022 IST
Category :
  • Mathematics
  • Management Studies
  • Operations
Credit Points : 1
Level : Undergraduate/Postgraduate



Course layout

Week 1  : Different types of data, Tables, charts, histograms, frequency distributions
Week 2  : Measures of association
Week 3  : Probability concepts, conditional probability, bayes theorm
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

Instructor bio

Prof. G. Srinivasan

IIT Madras
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.

Course certificate

The course is free to enroll and learn from. But if you want a certificate, you have to register and write the proctored exam conducted by us in person at any of the designated exam centres.
The exam is optional for a fee of Rs 1000/- (Rupees one thousand only).
Date and Time of Exams: 27 March 2022 Morning session 9am to 12 noon; Afternoon Session 2pm to 5pm.
Registration url: Announcements will be made when the registration form is open for registrations.
The online registration form has to be filled and the certification exam fee needs to be paid. More details will be made available when the exam registration form is published. If there are any changes, it will be mentioned then.
Please check the form for more details on the cities where the exams will be held, the conditions you agree to when you fill the form etc.

CRITERIA TO GET A CERTIFICATE

Average assignment score = 25% of average of best 3 assignments out of the total 4 assignments given in the course.
Exam score = 75% of the proctored certification exam score out of 100

Final score = Average assignment score + Exam score

YOU WILL BE ELIGIBLE FOR A CERTIFICATE ONLY IF AVERAGE ASSIGNMENT SCORE >=10/25 AND EXAM SCORE >= 30/75. If one of the 2 criteria is not met, you will not get the certificate even if the Final score >= 40/100.

Certificate will have your name, photograph and the score in the final exam with the breakup.It will have the logos of NPTEL and IIT Madras .It will be e-verifiable at nptel.ac.in/noc.

Only the e-certificate will be made available. Hard copies will not be dispatched.

Once again, thanks for your interest in our online courses and certification. Happy learning.

- NPTEL team


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