Business Statistics

This book is primarily intended for the students of B.Com. Semester Second of various Universities of Uttarakhand. The present edition of the book has been revised keeping in view the latest syllabus of B. Com. Semester Second.

Business Statistics Syllabus For B.Com. IInd Semester of Various Universities of Uttarakhand

Unit I : Indian Statistics : Meaning, About father of Indian Statistics (Prof. Prasanta Chandra Mahalanobis).
Introduction to Statistics : Meaning, Scope, Importance and Limitation, Statistical Investigation- Planning and organization.
Unit II : Statistical units, Methods of Investigation, Census and Sampling. Collection of Data- Primary and Secondary Data, Editing of Data Classification of data, Frequency Distribution and Statistical Series, Tabulation of Data Diagrammatical and Graphical Presentation of Data.
Unit III : Measures of Central Tendency – Mean, Median, Mode, Geometric and Harmonic Mean; Dispersion – Range, Quartile, Percentile, Quartile Deviation.
Unit IV : Mean Deviation, Standard Deviation and its Co-efficient, Coefficient of Variation and Variance, Test of Skewness and Dispersion, Its Importance, Co-efficient of Skewness.
Unit V : Correlation- Meaning, application, types and degree of correlation, Methods- Scatter Diagram, Karl Pearson’s Coefficient of Correlation, Spearman’s Rank Coefficient of Correlation.
Unit VI : Index Number : Meaning, Types and Uses, Methods of constructing Price Index Number, Fixed – Base Method, Chain-Base Method, Base conversion, Base shifting deflating and splicing. Consumer Price Index Number, Fisher’s Ideal Index Number, Reversibility.
Unit VII : Test- Time and Factor; Analysis of Time Series : Meaning, Importance and Components of a Time Series. Decomposition of Time Series : Moving Average Method and Method of Least square.