Quantitative Analysis for Business Decisions BU BBA SEP Notes

Unit 1 [Book]
Introduction, Meaning, Definitions, Features, Objectives, Functions, Importance and Limitations of StatisticsVIEW
Important Terminologies in Statistics: Data, Raw Data, Primary Data, Secondary Data, Population, Census, Survey, Sample Survey, Sampling, Parameter, Unit, Variable, Attribute, Frequency, Seriation, Individual, Discrete and ContinuousVIEW
Classification of DataVIEW
Requisites of Good Classification of DataVIEW
Types of Classification Quantitative and Qualitative ClassificationVIEW
Unit 2 [Book]
Types of Presentation of Data Textual PresentationVIEW
Tabular PresentationVIEW
One-way TableVIEW
Important Terminologies: Variable, Quantitative Variable, Qualitative Variable, Discrete Variable, Continuous Variable, Dependent Variable, Independent Variable, Frequency, Class Interval, Tally BarVIEW
Diagrammatic and Graphical Presentation, Rules for Construction of Diagrams and GraphsVIEW
Types of Diagrams: One Dimensional Simple Bar Diagram, Sub-divided Bar Diagram, Multiple Bar Diagram, Percentage Bar Diagram Two-Dimensional Diagram Pie Chart, GraphsVIEW
Unit 3 [Book]
Meaning and Objectives of Measures of Tendency, Definition of Central TendencyVIEW
Requisites of an Ideal AverageVIEW
Types of Averages, Arithmetic Mean, Median, Mode (Direct method only)VIEW
Empirical Relation between Mean, Median and ModeVIEW
Graphical Representation of Median & ModeVIEW
Ogive CurvesVIEW
HistogramVIEW
Meaning of DispersionVIEW
Standard Deviation, Co-efficient of Variation-ProblemsVIEW
Unit 4 [Book]
Significance of Measuring Variation, Properties of Good VariationVIEW
Methods of Studying Variation-Absolute and Relative Measure of VariationVIEW
Standard DeviationVIEW
Co-efficient of VariationVIEW
Skewness, IntroductionVIEW
Differences between Variation and SkewnessVIEW
Measures of SkewnessVIEW
Karl Pearson’s Co-efficient of SkewnessVIEW
Unit 5 [Book]
Introduction, Uses of Index NumberVIEW
Classification of Index NumbersVIEW
Methods of Constructing Index NumbersVIEW
Un-weighted Index NumbersVIEW
Simple Aggregative Method, Simple Average Relative Method, Weighted Index Numbers, Weighted Aggregative Index numbersVIEW
Fishers Ideal Index numberVIEW
Test of Perfection: Time Reversal Test, Factor Reversal TestVIEW
Weighted Average of Relative Index NumbersVIEW

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