Quantitative Techniques : Introduction and Use in Business
Theory of Probability : Introduction, Definitions and Use of Addition and Multiplicative Theorem, Conditional Probability. Probability-Distribution: Binomial-Distribution, Poisson-Distribution, Normal-Distribution
Linear Programming : Meaning, Advantages, Limitations, Basic Terminology, Formulation of Linear Programming Problem, Graphic Solution of Linear Programming Problem; Business Applications of Linear Programming.
Interpolation and Extrapolation
Correlation : Meaning, Types, Methods-Scattered Diagram, Karl Pearson’s Coefficient of Correlation, Rank Correlation and Concurrent Deviation Method.
Regression : Meaning and Significance, Difference Between Correlation and Regression, Simple Linear Regression and Estimation of Parameters (Slope and Intercept).