Business Statistics

The present edition of the book has been revised keeping in view the new syllabus prescribed for B.B.A. First Year (Year-Wise Syllabus).

• The subject matter has been presented in simple language and in very lucid style so that students may gain an understanding of statistical techniques as are applicable to business.
• In the revised edition of the book, many new Illustration and Questions have been included.
• Every possible care has been taken to avoid errors of print and principle. Still, we stand apologetic for the errors, if any, having crept in the book unnoticed.
• The illustrations and exercises have been selected from the various Universities Examinations and have been given topic-wise graded from easy to difficult.

Business Statistics Syllabus For B.B.A. I Year (Year-Wise Syllabus)

Unit-I Meaning and Definition of statistics, Statistical Investigations, Laws of Statistics, Scope of statistics, Limitations of Statistics.

Unit-II Collection of Data, Presentation of Data, Frequency distribution, Primary and Secondary data.

Unit-III Measures of Central Tendencies: Mean, Median, Mode, Geometric mean, Harmonic Mean.

Unit-IV Measure of Variation: Standard Deviation, Mean Deviation and Skewness.

Unit-V Correlation analysis Karl Pearson’s coefficient of correlation, Spearman’s rank correlation, Index numbers.

Business Statistics Book Contents

1. Meaning, Definitions, Scope, and Limitations of Statistics
2. Introduction To Statistics
3. Statistical Investigation
4. Census and Sampling Methods of Investigation
5. Collection of Data: Primary and Secondary
6. Editing of Collected Data
7. Classification and Tabulation of Data 
8. Frequency Distribution and Statistical Series
9. Diagrammatical And Graphical Presentation Of Data
10. Measures Of Central Tendency
11. Partition Values : Quartiles, Deciles And Percentiles
12. Dispersion And Its Measures
13. Skewness And Its Coefficients/Measures
14. Correlation: Probable Error And Standard Error
15. Index Numbers
16. Analysis of Time Series
17. Regression Analysis

• Log, Anti-Log, Reciprocal Table, and their use