Business Statistics-I Osmania University BCOM 3rd Semester 2025-26 Notes
| Unit 1 | |
| Business Statistics, Meaning, Scope, Importance and Limitations of Statistics in Business and Commerce | VIEW |
| Statistical Investigation | VIEW |
| Planning of a Statistical Enquiry | VIEW |
| Sources of Data | VIEW |
| Primary and Secondary Data | VIEW |
| Methods of Collecting Data | VIEW |
| Census | VIEW |
| Sampling Methods | VIEW |
| Errors in Statistical Investigation and Approximation | VIEW |
| Organization of Data, Classification and Tabulation of Data | VIEW |
| Frequency Distribution and Grouped Frequency Tables | VIEW |
| Diagrammatic Presentation of Data | VIEW |
| Graphical Presentation of Data, Bar Diagrams, Pie Diagrams and Line Graphs, Histograms | VIEW |
| Unit 2 | |
| Definition and Types of Data | VIEW |
| Individual Series, Discrete Series and Continuous Series | VIEW |
| Meaning And Importance of Measures of Central Tendency | VIEW |
| Arithmetic Mean, Computation for Individual, Discrete and Continuous Series | VIEW |
| Combined Mean, Weighted Mean | VIEW |
| Geometric Mean, Meaning, Computation and Applications | VIEW |
| Harmonic Mean, Meaning, Computation and Applications | VIEW |
| Partition Values, Median , Quartiles, Deciles and Percentiles, and Mode | VIEW |
| Comparison of Averages | VIEW |
| Advantages and Limitations of Different Measures of Central Tendency | VIEW |
| Unit 3 | |
| Dispersion, Meaning, Characteristics, Significance, Absolute and Relative Measures of Dispersion | VIEW |
| Measurement of Dispersion through Range, Quartile Deviation, Mean Deviation and Standard Deviation | VIEW |
| Computation and Applications for Individual, Discrete and Continuous Series | VIEW |
| Relative Measures of Dispersion | VIEW |
| Coefficient of Range | VIEW |
| Coefficient of Quartile Deviation | VIEW |
| Coefficient of Mean Deviation, Combined Standard Deviation | VIEW |
| Applications of Dispersion in Business and Economic Analysis | VIEW |
| Advantages and Limitations of Various Measures of Dispersion | VIEW |
| Unit 4 | |
| Coefficient of Variation, Meaning and Significance | VIEW |
| Relative Measure of Dispersion, Computation and Interpretation | VIEW |
| Comparison of Consistency and Stability of Two or More Series | VIEW |
| Lorenz Curve, Meaning and Significance, Construction of Lorenz Curve, Measurement of Inequality and Concentration | VIEW |
| Application of Lorenz Curve in Income, Wealth and Market-Share Analysis | VIEW |
| Skewness, Meaning and Significance, Symmetrical and Asymmetrical Distributions, Positive and Negative Skewness, | VIEW |
| Karl Pearson’s Coefficient of Skewness, Interpretation and Applications | VIEW |
| Bowley’s Coefficient of Skewness, Interpretation and Applications | VIEW |
| Kurtosis, Meaning and Significance, Types of Kurtosis, Interpretation of Kurtosis in Statistical Analysis | VIEW |
| Unit 5 | |
| Index Numbers in Economic and Business Analysis, Meaning and Importance, Uses and Limitations | VIEW |
| Problems in the Construction of Index Numbers | VIEW |
| Methods of Constructing Index Numbers, Simple Index Numbers and Weighted Index Numbers, Fisher, Laspeyres, Paasche’s and Marshall Edgeworth Methods | VIEW |
| Tests of Adequacy of Index Numbers, Unit Test, Time Reversal Test and Factor Reversal Test, Base Shifting | VIEW |
| Splicing of Index Numbers | VIEW |
| Deflating of Index Numbers | VIEW |