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Business Statistics Course Overview

The document provides information on the Business Statistics course offered as part of the BBA program at CeCOS University Institute of Management & Information Science. The 3 credit hour course aims to provide awareness of statistics and its application in decision making. The course outline covers 4 modules that will introduce topics like data collection and presentation, measures of central tendency and dispersion, probability, simple curve fitting and regression analysis, and probability distributions. Recommended textbooks are also listed.

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Hamza Soni
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478 views2 pages

Business Statistics Course Overview

The document provides information on the Business Statistics course offered as part of the BBA program at CeCOS University Institute of Management & Information Science. The 3 credit hour course aims to provide awareness of statistics and its application in decision making. The course outline covers 4 modules that will introduce topics like data collection and presentation, measures of central tendency and dispersion, probability, simple curve fitting and regression analysis, and probability distributions. Recommended textbooks are also listed.

Uploaded by

Hamza Soni
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd

CECOS UNIVERSITY

INSTITUTE OF MANAGEMENT &INFORMATION SCIENCE


BBA PROGRAM

COURSE NAME: BUSINESS STATISTICS.

COURSE STRUCTURE: Lectures 3 Credit Hours: 3

Prerequisites: None

Objectives:

To provide the awareness about the statistics and its application and decision making
situation and to apply the different tools of statistics in the applied field. Also aware the
students about the probability and its application in decision making and managerial areas

COURSE OUTLINE:
MODULE-1
 Introduction .
 Meaning of statistics, Observation ,,Variable and Constant ,Collection of Data.
 Presentation of Data.
 Classification , tabulation ,,Frequency Distribution ,Graph and Charts
 Measure of Central Tendency .
 The Statistical Average ,The Arithmetic, Geometric and Harmonic Means ,The Mode,
Median and Quantities.

Module-2
 Measure of Dispersion
 The Range and Sami Inter Quartile Range ,The mean Deviation ,The Variance and
Standard Deviation ,Moments ,Skewness and Kurtosis.
 Index Numbers.
 Introduction ,Simple and Composite index Numbers ,Construction of index Numbers, Un
Weighted and Weighted Index Numbers, Quantity Index Numbers, Consumer Price Index
Numbers.
Module -3
 Probability
 Elementary set Theory ,Random Experiment, Combinational Analysis ,Definitions of
Probability ,Independent and Dependent Events, Conditional Probability .

Module -4
 Simple Curve Fitting and Regression Analysis .
 Fitting of the Straight Line and Parabola to Observed Data ,Regression and Correlation
 Probability Distribution .
 Discrete & Continues Prop distribution in Binomial Distribution Normal Distribution
RECOMMENDED BOOKS:
1 Earl K Bowen & Martin Starr: Basic Statistics for Business and Economics .
2 Prof.Sher Muhammad Chaudhry : Introduction to Statistics Theory Part-1

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