( ECONOMICS ) STATISTICAL METHODS IN ECONOMICS अर्थशास्त्र में सांख्यिकीय विधियाँ B.A 3rd and 4th Sem Bihar

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Syllabus

Subject: Economics

MJC-4: Statistical Methods in Economics

Unit-I: Basic Statistics

Measures of Central Tendency: Mean, Median, Mode, Geometric Mean, Harmonic Mean; Measures of Dispersion: Mean Deviation, Quartile Deviation, Standard Deviation; Moments, Skewness, Kurtosis, Gini coefficient, Lorenz Curve, Bivariate Frequency Distribution: Simple Correlation and Linear Regression Analysis

Unit-II: Index Number

Concept of Index Number, Laspeyre’s Paasche’s and Fisher’s Ideal Index Number, Tests for Ideal Index Number, Problems in Construction of Index Number, Applications: Cost of Living index Number.

Unit-III: Concept of Probability and Probability Distribution:

Sample space and Events; Probability axioms and properties; Concept of random variable, Addition and Multiplication Theorem, Conditional Probability and Bayes Theorem Probability Distributions: Binomial, Poisson and Normal Distribution-properties, mean and variance.

Unit-IV: Sampling Theory and Estimation

Concept of Sampling, Methods of Sampling, Types of Sampling, Concept and properties of an estimator, Point and Interval Estimation.