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BUSINESS STATISTICS [1]

Paper Code: 
FSG 212
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

Course Outcomes

Learning and teaching strategies

Assessment Strategies

On completion of this course, the students will be able to:

CO 47: Examine the methods of collecting data, classify and present in the form of tables.

CO 48: Select and apply appropriate measures of central tendency.

CO 49: Investigate the data sets to find variation amongst them

CO 50: Analyse the bivariate data sets to identify the level of association and cause and effect relationship in them

CO 51: Construct the index numbers

 

Interactive Lectures, Discussion, Tutorials, Reading assignments, White board teaching

 

 

Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments.

 

8.00
Unit I: 
Introduction

· Definition of Statistics,

· Importance and Scope of Statistics,

· Types and Source of Data,

·  Collection of Data, Limitation of Statistics

· Classification and Tabulation of Data

· Meaning and Characteristics,

· Frequency Distribution,

· Simple and Manifold Tabulation

12.00
Unit II: 
Measure of Central Tendency

· Arithmetic Mean (Simple and Weighted),

· Median (Including Quartiles, Quintiles, Octiles, Deciles, Percentile)

· Mode,

· Geometric and Harmonic Mean Simple and Weighted

8.00
Unit III: 
Measures of Dispersion

· Absolute and Relative Measures: Range,

· Quartile Deviation, Mean Deviation,

· Standard Deviation and their Co efficient.

· Skewness: Absolute Measures of Skewness,

                 Relative Measures of Skewness –Karl Pearson’s Coefficient of

                 Skewness, Bowley’s Coefficient of Skewness

11.00
Unit IV: 
Correlation

· Meaning and Significance,

· Scatter Diagram Correlation Graph,

· Karl Pearson’s Coefficient between two variables.

· Coefficient of Correlation by Spearman’s Rank Difference Method

· Concurrent Deviation Method

· Regression Analysis Meaning and Significance,

· Difference between Correlation and Regression,

· Regression lines, Regression equations,

                coefficient of Regression, Standard error of the estimate

6.00
Unit V: 
Index Numbers

· Introduction, Uses of Index Numbers,

· Classification of Index Numbers,

· Problems in Construction of Index Numbers,

· Methods of Constructing Index Numbers,

· Test of Adequacy of Index Number Formulae,

                 Base Shifting, Splicing and Deflating of Index Numbers

Essential Readings: 

Gupta, Goyal, Sharma ,Biyani, Jain,& Gupta  Business StatisticsAjmera Book Co.

Garg, Sharma, Jain,&PareekBusiness StatisticsShivam Book House Pvt Ltd

Sancheti&Kapoor  Statistics Theory and Practice Sultan Chand and Sons New Delhi 

References: 

SUGGESTED READINGS:

Gupta, S.P, & Gupta, A.  ,Statistical Methods  Sultan Chand& Sons, New Delhi

Yadav, Jain, &Mittal ,Business Statistics Malik and Company Jaipur

Gupta , S. C Fundamentals of StatisticsHimalya Publishing House

NoreanR.S., Richard D. De Veaux, Paul & F. Velleman ,Business Statistics Pearson  Education  

Levin, Richard, David S. Rubin, Rastogi, and Siddqui  Statistics for Management  ., Pearson Education

Goon, Gupta &DasguptaFundamentals of Statistics  The world press private ltd

 

e RESOURCES:

http://www.ddegjust.ac.in/studymaterial/mcom/mc 106.pdf [2]

http://gurukpo.com/Content/BBA/BBA_lll_sem_Statistical_Methods.pdf [3]

http://103.5.132.213:8080/jspui/bitstream/123456789/1103/1/Business%20Statistics%20(%20PDFDrive.com%20)%20(2).pdf [4]

https://faculty.ksu.edu.sa/sites/default/files/business statistics for contemporary decision making by ken black_0.pdf [5]

 

JOURNALS:

· IUP Journal of Accounting Research

· The Indian Journal of Commerce

· Metamorphosis A Journal of Management Research

· Nirma University Journal of Business & Management Studies

 

Note  The candidate shall be permitted to use battery operated pocket calculator that should not have more than 12 digits, 6 functions and 2 memories and should be noiseless and cordless.

 

 

Academic Year: 
2022-2023 [6]

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Source URL: https://finance.iisuniv.ac.in/courses/subjects/business-statistics-22

Links:
[1] https://finance.iisuniv.ac.in/courses/subjects/business-statistics-22
[2] http://www.ddegjust.ac.in/studymaterial/mcom/mc-106.pdf
[3] http://gurukpo.com/Content/BBA/BBA_lll_sem_Statistical_Methods.pdf
[4] http://103.5.132.213:8080/jspui/bitstream/123456789/1103/1/Business%20Statistics%20(%20PDFDrive.com%20)%20(2).pdf
[5] https://faculty.ksu.edu.sa/sites/default/files/business-statistics-for-contemporary-decision-making-by-ken-black_0.pdf
[6] https://finance.iisuniv.ac.in/academic-year/2022-2023