Business Statistics

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Prof. Birender Singh Shekhawat & Meenu Dhembla

ISBN – 9789351638643

BBA,Maharishi Dayanand University, Second Semester
 
Syllabus
Unit-I
Statistics – Meaning, Evolution, Scope, Limitations and Applications; Data Classification; Tabulation and Presentation – Meaning, Objectives and Types of Classification, Formation of Frequency Distribution, Role of Tabulation, Parts, Types and Construction of Tables, Significance, Types and Construction of Diagrams and Graphs.
 
Unit-II
Measures of Central Tendency and Dispersion –  Meaning and Objectives Of Measures of Central Tendency, Different Measure, viz., Arithmetic Mean, Median, Mode, Geometric Mean and Harmonic Mean, Characteristics, Applications and Limitations of these Measures; measure of Variation, viz., Range, Quartile Deviation Mean Deviation and Standard Deviation, Coefficient of Variation and Skewness.
 
Unit-III
Correlation and Regression – Meaning of Correlation, Types of Correlation – Positive and Negative Correlation, Simple, Partial and Multiple Correlation, Methods of Studying Correlation; Scatter Diagram, Graphic and Direct Method; Properties of Correlation Coefficient, Rank Correlation, Coefficient of Determination, lines of Regression, Coefficient of Regression, Standard Error of Estimate.
 
Unit-IV
Index Numbers and Time Series – Index Number and their Uses in Business; Construction of Simple and Weighed Price, Quantity and Value Index Numbers; Test for an Ideal Index Number, Components of Time Series, viz., Secular Trend, Cyclical, Seasonal and Irregular Variations, Methods of Estimating Secular Trend and Seasonal indices; Use of time Series in Business Forecasting and its Limitations, Calculating Growth Rate in Time Series.
MDU2016/BBA/2/06
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