Please note: All products sold on mbanotesindia.com  are brand new and 100% genuine

• Case studies solved 
• New addition fully solved
  
•  last 5 years solved papers with current year
  

  PH: 09871409765 , 09899296811 FOR ANY problem

IK Gujral Punjab Technical University

BBA Batch 2018 onwards

BBA 201-18 Business Statistics

Course  Objective:  The  course  aims  to  familiarize  students  with  the  basic  statistical 

tools  used  to  summarize  and  analyze  quantitative  information  for  decision  making. 

Analysis of numbers is required for taking decisions related to every aspect of business.

Unit I

Introduction to Statistics:  Meaning,Definition in singular and plural sense, Features 

of statistics,Importance , Functions, Scope and Limitations of Statistics.

Matrix  Algebra:  Types  of  matrices;  basic  operations  of  matrices;  determinant  of  a 

matrix and its

properties;  rank  and  inverse  of  a  matrix;  solution  of  simultaneous  linear  equations  –

Cramer’s

rule and matrix inversion, method, application of matrices.

Introduction  and  Methods  of  Presentation  of  Statistical  Information,  Collection  and 

Presentation  of  Data.  Frequency  distribution.  Concept  of  sampling  and  sampling 

Designs.

Measures  of  Central  Tendency:  Mathematical  averages  including  arithmetic  mean, 

geometric mean and harmonic mean, properties and applications. Positional Averages: 

Mode and median (and other partition values including quartiles, deciles and percentile. 

Graphic presentation of measures of central tendency.

Unit II

Measures  of  Variation:  Absolute  and  relative  measures.  Range,  quartile  deviation, 

mean  deviation,  standard  deviation  and  their  coefficients.  Properties  of  Standard 

Deviation and Variance.

Simple  Correlation  Analysis:Meaning  of  Correlation:Simple  ,multiple  and 

partial,linear  and  non  linear  correlation,  correlation  and  causation  ,scatter 

diagram,pearson’s correlation coefficient,calculation and properties of coefficient,Rark 

Correlation 

IK Gujral Punjab Technical University

BBA Batch 2018 onwards

Simple  Regression  Analysis:Meaning  of  Regression,Principle  of  least  square  and 

regression  analysis,Calculation  of  regression  coefficient,properties  of  regression 

coefficient,Relationship between correlation and regression cpoefficientg.

Unit III

Index  Numbers:  Meaning  and  importance,  Methods  of  construction  of  Index 

Numbers:

Weighted and unweighted; Simple Aggregative Method, Simple Average of Price 

Relative

Method, Weighted index method: Laspeyres Method, Pasches Method and Fishers 

Ideal

method including Time and Factor Reversal tests, Consumer Price Index.

Time Series Analysis: Components, Estimation of Trends (Graphical method,

Semi Average Method,Moving Averages method and Method of Least Squares for 

linear path).

Theory  of  Probability:  Meaning  of  Probility,Approaches  to  the  calculation  of 

probabability.calculation  of  event  probabbilities,Addition  and  Multiplication  Laws  of 

Probabbility(Proof  not  required),Conditional  Probability  and  Bayes’  Theorem  (Proof 

not required)

Unit IV

Sampling  Concepts:  Meaning  of  Population  and  Sample,Parameters  and 

Statistics,Descriptive  and  Inferential  Statistics,Sampling  Methods  including  Simple 

Random  Sample,Stratified  Sampling,Systemetic  Sampling,Judgement  Sampling  and 

Convenience Sampling

Sampling Distribution:  Concept of Sampling  Distribution,Formulation of Sampling 

Distribution of Mean and Sampling distribution of statndard deviation/Variance

Theory of Estimation:Point and Interval Estimation of Means and Proportins