BS (BBA 3rd)

Unit-I

Statistics : Definition, Importance & Limitation, Collection of data, classification and

presentation of frequency distribution

Measures of Central Tendency and Dispersion : Meaning and objectives of measure of central

tendency- arithmetic mean, median, mode, geometric mean and harmonic mean, characteristics,

applications and limitations of these measures; Measure of variation, range, quartile deviation,

mean deviation and standard deviation, coefficient of variation.

Unit II

Correlation and Regression : Meaning of correlation , types of correlation positive and methods

of studying correlation, Lines of regression, co-efficient of regression, standard error of estimate.

Unit III

Index numbers and Time series : Index number and their uses in business; construction of

simple and weighed price, quantity and value index numbers, test for an ideal index number,

Components of Time series - secular trend, cyclical, seasonal and irregular variations. Methods of

estimating secular trend and seasonal indices : use of time series in business

Unit IV

Probability & Probability Distributions : Definition, Basic concepts, Events and experiments,

random variables, expected value Types of probability: Classical approach, Relative frequency

approach or empirical probability, Subjective approach to probability, Theorems of probability:

Addition theorem, Multiplication theorem, Conditional probability, Bays Theorem