Quantitative Methods for Business – 2

07/07/2020 1 By indiafreenotes

Unit 1 Introduction To Statistics {Book}

Statistics: Meaning and Definition Functions Scope Limitations

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Collection of data

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Census and Sample Techniques

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Classification of data

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Preparation of frequency distribution

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Tabulation of data

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Presentation of Data

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Unit 2 Measures of Central Tendency {Book}

Meaning and Definition

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Types of Averages:

Arithmetic Mean (Simple and Weighted)

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Median

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Mode

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Graphical representation of median and mode, Ogive curve

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Ogives

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Histogram

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Smoothed frequency curve

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Frequency Polygon

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Unit 3 Measures of Dispersion And Skewness {Book}

Measures of Dispersion: Meaning

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Range

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Quartile Deviation

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Mean Deviation & Co-efficient of Variation

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Standard Deviation & Co-efficient of Variation

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Measures of Skewness: Meaning, Uses, Co-efficient of Skewness

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Symmetrical and Skewed Distributions

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Measures of Skewness: Absolute and Relative skewness measures, Karl Pearson’s Co-efficient of Skewness, Bowley’s Co-efficient of Skewness

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Unit 4 Co-relation and Regression Analysis {Book}

Co-relation: Meaning, Uses, Types,

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Probable error

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Karl Pearson’s Rank Correlation

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Sparkman’s Rank Correlation

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Regression: Meaning

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Regression equation

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Unit 5 Index Numbers {Book}

Index Numbers: Meaning, Uses, Classification, Construction

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Methods of constructing Index Numbers

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Simple Aggregative Method

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Simple Average or Price Relative Method, Weighted index method

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Fisher’s ideal Method (TRT & FRT)

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Consumer Price Index

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