Probability Concepts: Important definitions- random experiment, trial, sample space, mutually exclusive events, independent events, dependent events, equally likely events, exhausitive events – approaches to measuring probability.
Random Variables: Discrete and continuous random variables – discrete and continuous distribution functionsmathematical expectation.
Distributions: Standard distributions - discrete distributions Binomial, Poisson. Continuous distributions uniform, exponential, Normal distributions.
Correlation: Introduction to simple correlation - scatter plot and correlation coefficient, properties of correlation coefficient, rank correlation coefficient.
Regressions: Introduction to simple regression, regression lines.