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Deliberation of Business Statistics

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41 views14 pages

Deliberation of Business Statistics

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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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NEP 3rd SEMESTER B.

COM
SYLLABUS ORIENTATION 2022 – 23
BUSINESS STATISTICS
3 rd SEMESTER B.COM
Dr.Usha Devi N
MLA FIRST GRADE COLLEGE FOR WOMEN
SEMESTER END EXAMINATION- TEMPLATE

BACHELOR OF COMMERCE - B.COM


Course Code: Name of the Course:

Duration: 2.00 Hours. Total Marks: 60


SECTION-A
(Conceptual Questions)
I. Answer any Five of the following questions. Each question carries Two Marks. (5 x 2= 10)
a.
b.
c.
d.
e.
f.
g.
SECTION- B
(Application Questions)
Answer any Four of the following question. Each question carries Five Marks.
(4 x5= 20)
2.
3.
4.
5.
6. SECTION- C
(Analyses and Understanding Questions)
Answer Any Two of the following question. Each question carries Twelve Marks.
(2 x12= 24)
7.
8.
9.
SECTION- D
(Skill Development Questions)
Answer Any One of the following question, carries Six Marks.

10.
11.
Name of the Program: Bachelor of Commerce (B.Com.) Course Code: B.Com. 3.2
NAME OF THE COURSE: BUSINESS STATISTICS
Course Credits No. of Hours per Week Total No. of Teaching Hours
4 Credits 3+2 Hrs. 56 Hrs.

Pedagogy: Classroom lectures, Case studies, Tutorial Classes, Group discussion,Seminar & field work etc.,
Course Outcomes: On successful completion of the course, the students will be able to
a. Understand statistical data and descriptive statistics for business dataAnalysis.
b. Comprehend the measures of Central Tendency, Dispersion and Skewness.
c. Validate the application of Correlation Analysis in business decisions.
d. Apply the Regression Analysis Technique for business decisions.
Syllabus: Hours
Module No. 1: Introduction to Statistics 06

Introduction – Meaning, Functions and Uses of Statistics; Limitations of statistics - Collection of Data - Techniques of Data Collection –
Census Technique and Sampling Technique (Concepts). Classification: Meaning, and Methods of Classification of Data. Tabulation: Meaning,
Parts of a Table – Simple problems on Tabulation; Diagrammatic
Presentation: Meaning and Types (Only Theory)
Module No. 2: Measures of Central Tendency 16

Measures of Central Tendency: Arithmetic Mean: Calculation of Arithmetic Mean for Individual, Discrete and Continuous Series.
Median: Calculation of Median for Individual, Discrete and Continuous Series
Mode: Calculation of Mode for Individual, Discrete and Continuous Series using Inspection method (Excluding problems using Grouping
Tables), Empirical relation between Mean, Median and Mode. - Problems
Module No. 3 : Measures of Dispersion 14

Measures of Dispersion: Range and coefficient of range, Quartile Deviation and Coefficient of Quartile Deviation, Standard Deviation and
Coefficient of Variation in Individual, Discrete and Continuous Series- Problems
Module No. 4 : Correlation Analysis 10

Correlation: - Meaning and Types of correlation- Positive and negative correlation- simple, partial, and multiple correlation. Linear and Non-
linear correlation, Pearson’s co- efficient of Correlation; Probable error. - Problems
Module No. 5: Regression Analysis 10
Meaning of Regression, Regression lines, Regression equations and estimation; Calculation of regression equations when regression
coefficients are given (Simultaneous equation method excluded) - problems.

Skill Development Activities:


1. Draw different types of diagrams (One Dimensional Diagrams – Simple Bars, Multiple Bars, Percentage Sub-divided Bar Diagram: Two
Dimensional Diagrams – Pie Diagram)
2. Collect the age statistics of 10 new married couples calculate Correlation coefficient.
3. Identify the modal weight from the weights of 10 individuals using imaginary figures.
4. Calculate the Coefficient of variation of two distributions (with imaginary figures of mean and standard deviation) and compare their
consistency and variability.
5. Draft a blank table and mention the parts of the table.

Books for Reference:


1. Gupta, S.P., and Archana Agarwal. Business Statistics, Sultan Chand and Sons, New Delhi.
2. Vohra N. D., Business Statistics, McGraw Hill Education.
3. Murray R Spiegel, Larry J. Stephens, Narinder Kumar. Statistics (Schaum’s Outline Series), McGraw Hill Education.
4. Gupta, S.C. Fundamentals of Statistics. Himalaya Publishing House.
5. Anderson, Sweeney, and Williams, Statistics for Students of Economics and Business, Cengage Learning.
6. Levin, Richard, David S. Rubin, Sanjay Rastogi, and HM Siddiqui. Statistics for Management. 7th ed., Pearson Education.
7. David M. Levine, Mark L. Berenson, Timothy C. Krehbiel, P. K. Viswanathan, Business Statistics: A First Course, Pearson Education.
8. Siegel Andrew F. Practical Business Statistics. McGraw Hill Education.
Question paper
Sec A Sec B Sec C
(5/7) Questions (4/5) Questions (2/3) Questions
Module No Details of Discussions Each question carries Each question carries Each question carries
2 marks 5 marks 12 marks
10 Marks 20 Marks 24 Marks
Module No.1 INTRODUCTION TO STATISTICS
1.1.Introduction Meaning *
Functions *
Uses *
Limitations *
1.2.collection of Census technique (concept
data
*
only)
Sampling technique ( concept * *
only)
Non probability sampling
(judgement sampling,
convenience sampling, quota
sampling)
Question paper
Sec A Sec B Sec C
(5/7) Questions (4/5) Questions (2/3) Questions
Module No Details of Discussions Each question carries Each question carries Each question carries
2 marks 5 marks 12 marks
10 Marks 20 Marks 24 Marks
Probability sampling (stratified * *
sampling, systematic sampling,
cluster sampling)
1.3.Classification Meaning
*
Methods of classification of data * *
(Geographical, chronological,
qualitative and quantitative)
1.4. Tabulation Meaning *
Parts of table * *
Simple problems on tabulation *
Question paper
Sec A Sec B Sec C
(5/7) Questions (4/5) Questions (2/3) Questions
Module No Details of Discussions Each question carries Each question carries Each question carries
2 marks 5 marks 12 marks
10 Marks 20 Marks 24 Marks
1.5. Meaning
Diagrammatic
*
presentation
Types (Theory –merits & demerits) * *
(one dimensional diagram-simple bar
diagram, multiple bar diagram,
percentage subdivided bar diagram.
Two dimensional diagrams- pie diagram)

Module No.2 MEASURES OF CENTRAL TENDENCY


2.1.Arithmetic Meaning
mean
*
(cover equal, unequal Calculation of AM for individual, * *
and open end class
intervals) discrete and continuous series
(One missing (Direct and short cut method)
frequency to be (simple and weighted method to be
covered) covered excluding problems on average
inclusive class interval speed calculation)
Question paper
Sec A Sec B Sec C
(5/7) Questions (4/5) Questions (2/3) Questions
Module No Details of Discussions Each question carries Each question carries Each question carries
2 marks 5 marks 12 marks
10 Marks 20 Marks 24 Marks
2.2.Median Meaning *
Calculation of median for * *
individual, discrete and
continuous series
1. Cover inclusive and exclusive
class intervals
2. cover Less than and more
than class intervals
3. Cover One missing frequency
2.3. Mode Meaning *
Calculation of Mode for * *
individual, discrete and
continuous series (inspection
method only)
Question paper
Sec A Sec B Sec C
(5/7) Questions (4/5) Questions (2/3) Questions
Module No Details of Discussions Each question carries Each question carries Each question carries
2 marks 5 marks 12 marks
10 Marks 20 Marks 24 Marks
Empirical relation between mean, * *
median and mode
Module No.3 MEASURES OF DISPERSION

3.1. Range Meaning *


Problems on range and co- *
efficient of range
(individual, discrete and continuous series)
3.2 Quartile Meaning
deviation
*
Problems on quartile deviation * *
and co-efficient of quartile
deviation
(individual, discrete and continuous series)
Question paper
Sec A Sec B Sec C
(5/7) Questions (4/5) Questions (2/3) Questions
Module No Details of Discussions Each question carries Each question carries Each question carries
2 marks 5 marks 12 marks
10 Marks 20 Marks 24 Marks
3.3.Standard Meaning
deviation
*
Problems on standard deviation * *
and co-efficient of variation
(individual, discrete and continuous series)
Module No.4 CORRELATION ANALYSIS

Meaning *
Types (positive and negative correlation, * *
simple, partial and multiple correlation, linear
and non-linear correlation)

Pearson’s co-efficient of * *
correlation (direct method and
assumed mean method)
Probable error *
Question paper
Sec A Sec B Sec C
(5/7) Questions (4/5) Questions (2/3) Questions
Module No Details of Discussions Each question carries Each question carries Each question carries
2 marks 5 marks 12 marks
10 Marks 20 Marks 24 Marks
Module No.5 REGRESSION ANALYSIS

Meaning *
Regression lines *

Regression equations and *


estimation
Calculation of regression * *
equations, when regression
coefficients are given(equation
method excluded)

NOTE: 1. Midpoint problem should be excluded


2. Questions should not mention which method to be used for solving
Question paper -Weightage

Module No Sec A Sec B Sec C Sec D


(5/7) (4/5) (2/3) (1/2) Questions
Questions Questions Questions Each question
Each question Each question Each question carries 6
carries 2 marks carries 5 marks carries 12 marks marks
10 Marks 20 Marks 24 Marks 6 Marks

1 (6 hours) 2 1 - 1st question


theory/problem from chapter 1
on tabulation and 2nd
question from
2 (16 hours) 2 1 1
any chapter
3(14 hours) 1 1 1
4(10 hours) 1 1 Correlation or
regression
5(10 hours) 1 1 Correlation or
regression

Total (56 Hours) 7 5 3 2


Skill development activities

1. Draw different Types of diagrams


2. Calculation of correlation coefficient
3. Calculation of mode

4. Calculation of coefficient of variation

5. Drafting and mentioning the parts of table

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