Business Statistics

180.00

FYBFM — SEMESTER – II

Author: A. V. Deshpande

SIXTH EDITION 2023

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Description

SYLLABUS

No. Modules / Units
1 Population and Sample:
  Definition of Statistics, Scope of Statistics in Management and Financial Markets, Concept of Population and Sample with Illustration.

Methods of Sampling: SRSWR, SRSWOR, Stratified, Systematic (Description of Sampling Procedures only).

Data Condensation and Graphical Methods: Raw Data, Attributes and Variables, Classification, Frequency Distribution, Cumulative Frequency Distribution.

Graphs: Histogram and Frequency Polygon.

Diagrams: Multiple Bar, Pie, Subdivided Bar.

2 Measures of Central Tendency:
  Criteria for Good Measures of Central Tendency, Arithmetic Mean, Median, Mode for Grouped and Ungrouped Data, Combined Mean.
3 Measures of Dispersion:
  Concept of Dispersion, Absolute and Relative Measures of Dispersion, Range Variance, Standard Deviation, Coefficient of Variation, Quartile Deviation, Coefficient of Quartile Deviation.
4 Correlation and Regression (for Ungrouped Data):
  Concept of Correlation, Positive and Negative Correlation, Karl Pearson’s Coefficient of Correlation, Meaning of Regression, Two Regression Equations, Regression Coefficients and Properties.
5 Linear Programming Problems:
  Meaning of LPP, Formulation of LPP, Solution by Graphical Methods, Problems relating to Two Variables only.
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