Business Statistics University of Mumbai BMS 1st Sem Notes
Last updated on 07/04/2023Unit 1 Introduction to Statistics {Book} | |
Functions/Scope, Importance, Limitations of Statistics | VIEW |
Data: Relevance of data in Current scenario | VIEW |
Types of Date: | VIEW |
Primary Data: Census vs Samples | VIEW |
Method of Primary data collection | VIEW |
Secondary Data: Merits, Limitations, Sources | VIEW |
Presentation of Data: Classification, frequency distribution, Discrete & continuous | VIEW |
Data Tabulation | VIEW |
Graph: | |
Frequency Table | VIEW |
Bar Diagram, Histogram | VIEW |
Pie chart | VIEW |
Ogives | VIEW |
Measures of Central Tendency: | |
Mean (AM, Weighted, Combined) | VIEW |
Median (Calculation and graphical using ogives) | VIEW |
Mode (Calculation and Graphical using Histogram) | VIEW |
Comparative analysis of all measures of central Tendency | VIEW |
Unit 2 Measures of Dispersion, Co-relation and Linear Regression {Book} | |
Measures of Dispersion: | |
Range and co-efficient of Range | VIEW |
Quartiles, Quartile Deviation and Quartile co-efficient | VIEW |
Mean deviation with mean, Co-efficient of mean deviation | VIEW |
Standard deviation with co-efficient of Variance | VIEW |
Skewness | VIEW |
Kurtosis | VIEW |
Co-Relation: | |
Karl Pearson & Rank co-relation | VIEW |
Linear Regression: | |
Least Square Method | VIEW |
Unit 3 Time Series and Index Number {Book} | |
Time Series: | |
Least Square Method | VIEW |
Moving average Method | VIEW |
Determination of Season | VIEW |
Index Number: | VIEW |
Unweighted, Weighted Aggregate Method: Simple, Weighted average of Price Relatives | VIEW |
Chain based index Numbers | VIEW |
Base Shifting, Splicing and Deflating | VIEW |
Cost of Living Index Number | VIEW |
Unit 4 Probability and Decision Theory {Book} | |
Probability | VIEW |
Types | VIEW |
Concept of Sample space, Event | VIEW |
Addition and Multiplication laws of Probability | VIEW |
Conditional Probability | VIEW |
Baye’s Theorem | VIEW |
Expectation & Variance | VIEW |
Concept of Probability distribution | VIEW |
Decision Theory: Acts, State of Nature event | VIEW |
Pay offs, opportunity loss | VIEW |
Decision making under certainty, uncertainty, Risk | VIEW |
Non-Probability: | |
Maximax, Maximin, Minimax, Regret, Laplace & Hurwicz | VIEW |
Probabilistic (Decision making under risk): EMV, EOL, EVPI | VIEW |
Decision Tree | VIEW |
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