This is where you learn to handle uncertainty. You’ll cover Baye's Theorem , Binomial , and Normal Distributions —essential for predicting everything from customer arrivals to machine failure rates.

The course is a core subject for MBA students under the Anna University Regulation 2021 . The course focuses on applying statistical techniques to solve business decision-making problems. Core Syllabus Structure The course is typically divided into five key units:

Analyzing relationships between variables using Correlation and Regression lines.

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You cannot survey every customer, so you must use sampling. This section covers how to ensure your small group accurately represents the whole. Core Topics Random, stratified, and cluster sampling.