
Description and Contents of Course:
What will you learn in this course:
In this Course you will learn a lot of Knowledge and after complete this course you will excellent in Business Statistics. This course provide many chapter of Business Statistics including Theories and Practical Problems etc.
After Complete this you achieve a lot of information related to Business Statistics and its Application.
This Course Include :
1. Introduction
Meaning of Statistics
Importance of statistics
Scope of Statistics
MCQ's
2. Statistical Investigation
Meaning of statistical investigation
Types of statistical investigation
Schedule and Questionnaire
Difference between Questionnaire and Schedule
3. Census and Sample investigation
Types of data :
(A) Primary data
Methods of collecting Primary data
(B) Secondary Data
Difference between primary and secondary data
4. Collection of Data
5. Editing of Statistical Data
6. Classification And Tabulation
7. Time series
Meaning of Time series
Importance of Time-Series Analysis
8. Index Number
Meaning of index number
Characteristics of Index Numbers
Purpose, Importance and Uses of Index Numbers
Methods of Constructing index Numbers
Single Year Fixed Base Method
Fixed Year Average Base Method
Base conversion
Weighted aggregative method
9. Statistical Average
Mean :
Introduction of Mean or Arithmetic Mean or Average
Methods of calculation of mean in various series
Individual Series Question
Discreate Series Question
Continuous Series Question
More Practical Problems
Median :
Meaning of Median
Individual Series Question
Discreate Series Question
Continuous Series Question
More Practical Problems
Mode :
Meaning of Mode
Individual Series Question
Discreate Series Question
Continuous Series Question
More Practical Problems
Mean, Median and Mode Practical Problems
10. Partition value
Quartile
Quantile
Octile
Decile
Percentile
11. Dispersion
Objective and Importance of Dispersion
A. Method of limit
(i) Range
(ii) Inter Quartile Range
(iii) Percentile Range
B. Method of averaging deviation
(i) Quartile deviation
(ii) Mean deviation
(iii) Standard deviation
C. Graphic method
(i) Lorenz curve
Standard Deviation
Calculation of Standard Deviation by Direct Method
Coefficient of Variation
12. Skewness
Karl Pearson's Skewness
Bowley Skewness
Practical Problems
13. Correlation
Karl Pearson's Correlation
Spearman Correlation
Probable Error
Some Illustration with solution
Many Practical Problems for better understanding