Business Statistics
Product Details: Business Statistics
Format: BOOK
Pub. Date: NEW EDITION APPLICABLE FOR Current EXAM
Publisher: MEHTA SOLUTIONS
Edition Description: 2019-20
RATING OF BOOK: EXCELLENT
ABOUT THE BOOK
FROM THE PUBLISHER
If you find yourself getting fed up and frustrated with other ptu bba book solutions now mehta solutions brings top solutions for ignou. this ptu bba book contains previous year solved papers plus faculty important questions and answers specially for bba .questions and answers are specially design specially for bba students .
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