Introduction of Probability Concept, Types of Probability, Permutation and Combination concept, Addition and Multiplication Theorem, Condition Probability, Bayes’s Theorem
Random Variable Concept, Discrete and Continuous Random Variable, Probability density function, Mathematical Expectation and their Theorem
Data Distribution Distribution, Types of Data distribution, Exponential distribution, Binomial distribution, Normal distribution, Poisson distribution, Random number generation, Monte Carlo Simulation.
Testing of Hypothesis Procedure of Testing Hypothesis, Standard Error and Sampling distribution, Estimation, Student’s t-distribution, Chi-Square test and goodness of fit, F-test and analysis of variance. Factor analysis.