# MBS 1st Semester Statistics Notes PDF

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We have detailed information on TU MBS 1st Semester Statistics Notes PDF. The course aims to impart knowledge and skills of statistical techniques ad their applications in solving business problems.

## MBS 1st Semester Statistics Notes PDF

Following are the chapter-wise notes on statistics

Chapter 1:Probability

Probability is a mathematical discipline developed to describe and measure the lack of certainty in situations where uncertainty prevails.

Chapter 2: Probability Distribution

The probability distribution is the easy method for obtaining the probabilities of random variables by using a particular rule or formula.

Chapter 3: Sampling and Estimation

Sampling is a method used in research to select a subset of individuals or items from a larger population. Similarly, estimation is the method of judgment about a population parameter from the statistic.

Chapter 4: Testing of Hypothesis

Testing of hypotheses is a statistical method of making inferences about the nature of the population based on sample observations.

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Chapter 5: Correlation and Regression Analysis

Correlation refers to the relationship or association between two or more variables. Similarly, Regression Analysis is the mathematical measure of the average relationship between two or more variables in terms of original units of the data.