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WELCOME TO statistics for business II

This page will guide you through the course syllabus and provide important information related to this course.

Statistics is fast becoming the one of the most important subjects of study. With the availability of data and access to high level storage mechanisms, data analysis is crafting the future of many industries. This course is the second in a series of four parts, where we introduce you to the world of Distributions. We also introduce you to the software package R, which is a widely used platform to uncover the story behind every dataset.

A downloadable version of this page is available here.

Pre-requisites

It is recommended that you go through the contents of SFB -1 before boarding this one. Otherwise, you are expected to have basic understanding of descriptive statistics and probability.

Course Agenda

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Week

Section Name

Topics Covered

Start Date

Recommended Completion Date

0

INTRODUCTION TO QM101.2x

Introduction

Recap

EntrEpreneurship demo

29/09/2015

05/10/2015

1

r tUTORIAL -i

iNSTALLING r AND rstUDIO

bASICS OF rstudio

06/10/2015

12/10/2015

2

r tUTORIAL -ii

wRITING programs IN rstudio

hr demo

13/10/2015

19/10/2015

3

random variables

eXpecTATION AND vARIANCE OF randOM vARIABLES

bENFORD’S LAW

20/10/2015

26/10/2015

4

sTANDARD vARIABLES –I

uNIFORM, BINOMIAL AND POISSON DISTRIBUTIONS

27/10/2015

02/11/2015

5

sTANDARD vARIABLES –Ii

eXPONENTIAL DISTRIBUTION

sIMULATION

03/11/2015

09/11/2015

6

nORMAL DISTRIBUTION

PROPERTIES AND BASIC APPLICATION

10/11/2015

16/11/2015

Course Length

clock and calendar

  • The course will be running for 7 Weeks, starting 29th September, 2015 with Week 0
  • Each week's material will be released across the globe on Tuesday, 03:30 UTC, you are advised to set aside 5 to 7 hours per week to complete the weekly content

GRADING AND CERTIFICATION

certificate

GRADING SCHEME

Assessments

Each week has 3 types of assessments - Continuous Learning, Exercises and Caselets. The final exam will be after Week 6 and is mandatory. There are 16 graded assessments in this course. The score from each assessment shall contribute to the final score.

Note: Some ungraded assessments are interspersed throughout the course, to help you recall what you have learned. These do not count for the final grade.

This is a broad breakup of the marks.

              Continuous learning (MCQs)          40

              Exercises                                            20

              Caselets                                             10

              Final exam                                         30 

Certification

You will need to get a total mark of 55or higher to earn a completion certificate. Please remember that the Final exam is mandatory.

Click on the QM101.2x course enrollment page before 1st November 2015 (00:00 UTC) to pursue a Verified certificate.

To know more about the types of certificates offered in edX, visit Student FAQs (CERTIFICATES & CREDITS section) on the edX website.

Assessments

All our courses include both graded and ungraded assessments. The ungraded assessments contain practice questions that will test your understanding of the concepts presented in the course.

The score that you receive in the weekly-graded assessments count towards your final course grade.

Graded Assessments Instructions

Graded assessments may also have due dates, or the last possible time you can submit an assessment. Once the due date has passed, you cannot receive credit for any incomplete problems in the assessment. Some graded assessments do not have due dates, and some assessments with due dates are not graded. If an assessment has a due date, the due date appears under the learning sequence name in the course accordion. If an assessment is graded, the name of the assessment appears under the name of the learning sequence, and an icon appears next to the learning sequence name in the course accordion. The image on the right shows an example of three different assessments. In this example, both first and last assessments are graded, but only the last assessment has a due date.

Please ensure the following:

  • Click on the Save button to save your answer. These answers will not be graded at this stage.
  • Click on the Check button at the end of every question to record your choice and get your answer graded.

Note:

  • You need to score 55% to pass the assessment.
  • Please check the number of attempts and due date specified for each assessment.

  DISCUSSION

All registered participants of a MOOC on edX will have access to a course-specific online discussion forum. Participation in this forum is encouraged because it contributes significantly in the form of peer learning. Discussion threads are commonly used in online courses to provide learners an opportunity to reflect on, discuss and share knowledge gained from the online content. Participation in these forums is strongly encouraged by the course staff.

Download the IIMBx Discussion Forum Guidelines document for more information.

  GETTING HELP

For course-related questions, use the discussion forum.

For general edX-related queries, visit Student FAQs on the edX website.

For any technical issues, use the Help button on edX course page (screenshot attached below).

Screenshot of Help button on edX page

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