Subject Code: MA5L004 Subject Name: Probability and Statistics L-T-P: 3-1-0 Credit:4
Pre-requisite(s): Nil
Probability:-Axiomatic definition, Properties. Conditional probability, Bayes rule and independence of events. Random variables, Distribution function, Probability mass and density functions, Expectation, Moments, Moment generating function, Chebyshev’s inequality. Special distributions: Bernoulli, Binomial, Geometric, Negative Binomial, Hypergeometric, Poisson, Uniform, Exponential, Gamma, Normal, Joint distributions, Marginal and conditional distributions, Moments, Independence of random variables, Covariance, Correlation, Functions of random variables, Weak law of large numbers, P. Levy’s central limit theorem (i.i.d. finite variance case), Normal and Poisson approximations to binomial.

Statistics:-Introduction: Population, Sample, Parameters. Point Estimation: Method of moments, MLE, Unbiasedness, Consistency, Comparing two estimators (Relative MSE). Confidence interval estimation for mean, difference of means, variance, proportions, Sample size problem, Test of  Hypotheses:-N-P Lemma, Examples of MP and UMP tests, p-value, Likelihood ratio test, Tests for means, variance, Two sample problems, Test for proportions, Relation between confidence intervals and tests of hypotheses, Chi-square goodness of fit tests, Contingency tables, SPRT, Regression Problem:- Scatter diagram, Simple linear regression, Least squares estimation, Tests for slope and correlation, Prediction problem, Graphical residual analysis, Q-Q plot to test for normality of residuals, Multiple regression, Analysis of Variance: Completely randomized design and randomized block design, Quality Control: Shewhart control charts and Cusum charts.
Text Books:
  1. Grimmett G. R. and  Stirzaker D. R. Probability and Random Processes, Oxford University Press
  2. Douglas C. Montgomery and George C. R. Applied Statistics and Probability for Engineers,  Wiley
  3. Miller & Freund's.  Probability and Statistics for Engineers, Pearson-Prentice Hall
Reference Books:
  1. Ross S. M. A First Course in Probability, Prentice- Hall
  2. Larson H. J. Introduction to Probability Theory and Statistical Inference, Wiley
  3. Rohatgi V. K. An Introduction to Probability Theory and Mathematical Statistics, John Wiley & Sons
  4. Feller W. Introduction to Probability Theory and its applications, Vol I, Wiley
  5. Gun A. M., Gupta M. K., and  Das Gupta B.  Fundamentals of Statistics,
  6. Gun A. M., Gupta M. K., and  Das Gupta B.  Outline of Statistics