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Fundamentals of Probability and Statistics
Updated on Sep, 2026
Teaching and Academics , Math, Statistics
Duration - 4.5 hours
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Introduction : Importance of Statistics, Concepts of Statistics, population and a sample; quantitative and qualitative data; Collection of Primary and Secondary data; Classification and Tabulation of data. Construction of Univariate and bivariate frequency distribution; Diagrammatic and Graphical representation of data.
Descriptive Statistics: Measures of central tendency: Arithmetic Mean, Median, Mode, Geometric mean, Harmonic mean; Measures of Dispersion: Range, Quartile deviation, Mean deviation, Standard deviation. Definition of Moments; Measures of Skewness: Karl pearson’s coefficient of skewness, Bowley’s coefficient of skewness; Kurtosis.
Probability: Basic terminology, Mathematical probability, Statistical probability, Axiomatic approach to probability, Theorems on probability. Conditional Probability, Multiplication theorem of probability, Independent events, Pairwise/mutually independent events, Bayes’ Theorem.
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