Course Outcomes
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CO
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COGNITIVE ABILITIES
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COURSE OUTCOMES
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|---|---|---|
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CO1
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REMEMBERING
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Recall the basic concept of probability distributions, including pmf, pdf, and cumulative distribution functions.
Recall fundamental concepts of index numbers, time series, and vital statistics. |
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CO2
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UNDERSTANDING
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Understand the concept of discrete and continuous probability distributions and their properties.
Understand the construction and properties of Index Numbers, components of times series, and principles underlying vital statistics. |
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CO3
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APPLYING
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Apply probability distributions to solve real-life problems including calculating probabilities and expected values.
Apply appropriate methods for constructing index numbers, analyzing time series data, and computing vital statistical measures like birth and death rates. |
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CO4
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ANALYSING
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Analyse and compare different probability distributions to select the appropriate model for specific real-life applications.
Analyze trends, seasonal variations, and cyclical fluctuations in time series data and evaluate the accuracy of index numbers and vital statistics. |
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CO5
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EVALUATING
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Evaluate the suitability and performance of probability distribution models in representing data.
Evaluate the effectiveness of index numbers, time series, and vital statistics in real-world applications. |
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CO6
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CREATING
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Develop probabilistic models using appropriate probability distributions to address complex problems in a practical context.
Design models for forecasting time series data and construct new index numbers or vital statistical measures for specific situations. |
