FUNDAMENTALS OF BUSINESS ANALYTICS

FULLY SOLVED BOOK LASY 5 YEARS PAPERS SOLVED PLUS GUESS

FUNDAMENTALS OF BUSINESS ANALYTICS 

UNIT-I
Foundations of Analytics: Introduction-Evolution-Scope-Data for Analytics-Decision models - Descriptive, Predictive, Prescriptive - Introduction to data warehousing -Dashboards and reporting-Master data management (only theory)

UNIT-II
Decision Theory: Introduction - Steps of decision-making process - types of decisionmaking environments-Decision-making under uncertainty-Decision-making under Risk-Decision tree analysis (only theory). Design of Experiments: Introduction - Simple comparative experiments - Single factor experiments-Introduction to factorial designs

UNIT-III
Descriptive Statistics: Measures of central tendency - Problems on measuresof dispersion-Karl Pearson correlation, Spearman’s Rank correlation, simple and multiple regression (problems on simple regression only)
UNIT-IV
Cluster Analysis: Introduction - Visualization techniques - Principal components -Multidimensional scaling-Hierarchical clustering-Optimization techniques Factor Analysis: Introduction-Exploratory factor analysis-Confirmatory factor analysis Discriminant Analysis: Introduction-Linear discriminant analysis

UNITE-V
Project Management: Introduction - Basic difference between PERT & CPM - Network components and precedence relationships - Critical path analysis - Project scheduling -Project time-cost trade off-Resource allocation Instruction: Equal weightage is given for both theory and problems in the ratio of 60:40
Practical Component:
Students are expected to have a basic excel classes
Students should be able to categorize the data and find out the basic statistical values