Statistics

Paper Code: 
BCS 117
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
9.00

• Statistics – An Overview
Definition and Functions of Statistics, Statistical Techniques Commonly used in Business Activities, Law of Statistics, Limitations of Statistics.
Collection and Presentation of Statistical Data: Primary and Secondary Data; Classification and Tabulation of data; Frequency Distribution of Data; Diagrams and Graphs.

9.00

• Measures of Central Tendency: Mean, Median, Mode, Standard Deviation

5.00

• Mathematics of Finance: Simple Interest, Compound Interest, Present Value and Future Value of an Annuity

13.00

• Probability
Sample Spaces, Events and Probability
Set Theory: Union, Intersection and Complement of Events
Conditional Probability, Intersection and Expected Value
Random Variable, Probability Distribution and Expectation

9.00

• Index Numbers and Time Series Analysis: Familiarizing with the Concepts relating to Index Numbers and Time Series (Simple Numerical Problems).

References: 

1. Study Material Issued by ICSI
2. Scanner-Arun Kumar(Shuchita Prakashans(P) Ltd)
3. Statistics Theory and Practice-Sancheti and Kapoor( Sultan Chand and Sons New Delhi)
4. Business Statistics: S.C Gupta (Himalya Publishing House)
5. Statistical Methods:-S.P Gupta, Archana Gupta(Sultan Chand& Sons, New Delhi)
6. Statistical Methods-K.N Nagar
7. Business Statistics-Gupta, Goyal, Jain, Biyani, Gupta( Ajmera Book Company)
8. Business Statistics-Garg, Sharma, Jain, Pareek(Shivam Publishers)

Academic Year: