Business Statistics

Statistical Representation of Data

  • Diagrammatic representation of data
  • Frequency distribution
  • Graphical representation of Frequency Distribution
        • Frequency Polygon
        • Histogram,
        • Ogive
        • Pie-chart

Measures of Central Tendency

Measures of Dispersion

  • Coefficient of Quartile Deviation
  • Co-efficient of Variation
  • Quartile Deviation
  • Quartile
  • Standard Deviation

Correlation and Regression

  • Karl Pearson’s Coefficient of Correlation
  • Rank Correlation
  • Regression coefficients
  • Regression equations,
  • Regression lines,
  • Scatter diagram

Index Numbers

  • Methods of construction of Index Numbers
  • Problems involved in construction of Index Numbers
  • Uses of Index Numbers

Time Series Analysis – basic application including Moving Average

  • Method of Least Squares
  • Moving Average Method

Probability

Theoretical Distribution

  • Binomial Distribution
  • Normal Distribution – basic application
  • Poisson Distribution – basic application

Finite Mathematics