GS206 : Probability and Statistics

Overview

Probability: concept of a random experiment and sample space; addition and multiplication laws of probability; conditional probability and independence, Bay’s theorem and its application. Random variables and their probability distribution; Binomial, Poisson, Normal, Gamma, Exponential, Uniform and Cauchy distributions and their properties.

Basic statistical concepts: Statistical data, measures of central simple linear regression, regression coefficient and correlation coefficient, non-linear regression. Fitting of linear and non-linear regression to data. Multiple linear regression and multiple correlation coefficient.