• 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.
• Measures of Central Tendency: Mean, Median, Mode, Standard Deviation
• Mathematics of Finance: Simple Interest, Compound Interest, Present Value and Future Value of an Annuity
• 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
• Index Numbers and Time Series Analysis: Familiarizing with the Concepts relating to Index Numbers and Time Series (Simple Numerical Problems).
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)
Links:
[1] https://accountingtaxation.iisuniv.ac.in/courses/subjects/statistics-4
[2] https://accountingtaxation.iisuniv.ac.in/academic-year/2016-2017