HOLY CROSS COLLEGE (AUTONOMOUS) TIRUCHIRAPPALLI - 2

DEPARTMENT OF MATHEMATICS
SEMESTER II
ALLIED 3 - BUSINESS STATISTICS
(For commerce students)
No.of Hours :4
No. of Credits :3
Code: U15MA2ACT10
OBJECTIVE:
To understand the various methods of collection of data and representing them
through diagrams and graphs. To calculate various statistical parameters.
UNIT I: COLLECTION AND PRESENTATION OF DATA
Meaning Scope Importance and Limitations of Statistics - Collection of Data Classification and Tabulation - Diagrammatic representation.
UNIT II: MEASURES OF AVERAGES AND DISPERSION
Arithmetic Mean, Weighted Geometric Mean Harmonic Mean Merits and
demerits Median Quartiles and Deciles Mode - Measures of Dispersion - Range Quartile Deviation - Mean Deviation - Standard Deviation - Relative measures
UNIT III : CORRELATION AND REGRESSION
Correlation - Scatter Diagram - Karl Pearson's Coefficient of Correlation - Rank
Correlation - (Correlation of a bivariate frequency distribution and Coefficient of concurrent
Deviation to be excluded)
Regression - Properties, Regression lines and problems.
UNIT IV : ANALYSIS OF TIME SERIES
Time Series - components of Time Series - measurement of trend - measures of
seasonal variation(Methods of simple averages and Link relatives only) - problems
(Deseasonalization is excluded)
UNIT V : INDEX NUMBERS
Index Numbers Laspeyers,Fishers and Paasches index numbers- tests for Index
Numbers - cost of living Index Number - uses of Index Numbers.
TEXT BOOK:
Treatment and content as in Vittal .P.R (2004) , BUSINESS STATISTICS Margham
Publishers,Chennai.
UNIT I

- Chapters 1 to 4

UNIT II

- Chapters 5,6

UNIT III - Chapters 8, 9

UNIT IV - Chapter 12
UNIT V - Chapter 13
REFERENCE BOOKS:
1. R.S.N.Pillai V.Bagavathi (2007), STATISTICS ,S.Chand and Company Ltd. New Delhi.
2. Arora .S,Sumeet Arora (2002),COMPREHENSIVE STATISTICAL METHODS, S.Chand
and Company Ltd ,New Delhi.
3. Douglas A.Lind ,William G.Marchall ,Samuel A. Wathen (2003) ,BASIC STATISTICS
FOR BUSINESS AND ECONOMICS, Mc Graw Hill, Delhi.
4.Gupta .S.C, Indra Gupta (2004) , BUSINESS STATISTICS , Himalaya Publishing House ,
New Delhi.
5.Gupta .S.P (2006) , STATISTICAL METHODS, Sultan Chand & Sons ,New Delhi.
6.Sharma J.K, (2006) BUSINESS STATISTICS, Dorling Kindersley, (India) Pvt
Ltd,Licensees of Pearson Education in South Asia.

HOLY CROSS COLLEGE (AUTONOMOUS) TIRUCHIRAPPALLI 2

DEPARTMENT OF MATHEMATICS
ALLIED 3: BUSINESS STATISTICS
SPECIFIC OUTCOMES OF LEARNING
No of Hours:4
No of Credits:3
Code: U15MA2ACT10
UNIT : I
1.
Recalls the definitions of statistics.
2.
Recalls the definitions of primary and secondary data.
3.
Indentifies different methods of collecting primary data.
4.
Recalls the sources of secondary data.
5.
Recalls the definitions of classification and tabulation.
6.
Recognizes different types of classification and tabulation.
7.
Transforms the given data into diagrams and graphs.
UNIT : II
1.
Recalls the Formulae of mean, median and mode.
2.
Recalls the definitions of various measures of dispersion.
3.
Recalls the formulae for various measures of dispersion.
4.
Recalls the Formulae of range, quartile deviation, mean deviation, standard deviation
5.
Determines various measures of dispersion.
UNIT : III
1.
Recalls the definitions of positive and negative correlations.
2.
Determines coefficient of correlation using Kart-Pearson's formulae.
3.
Recalls the definitions of rank correlation-with and without ties.
4.
Determines coefficient of rank correlation using Spearman's formula.
5.
Recalls the definition and equations of regression lines.
6.
Estimates the value of X or Y, given the value of Y or X respectively, using
regression equations.
UNIT : IV
1.
Recalls the definitions of time series, components of time series, semi-average,
moving average, seasonal average, method of least squares and measures of
seasonal variations.
2.
Determines the trend line using graphic method, method of semi-average, moving
average.
3.
Determines seasonal indices using average method and link relative method.
UNIT : V
1.
Recalls the definitions of index numbers, unweighted aggregate price index,
weighted aggregate price index, Laspeyres, Paasche's, Fisher's index numbers.
2.
Determines the above mentioned index numbers.
3.
Recalls the definitions of Quantity index number, Laspeyre's Paasche's, Fisher's
quantity index numbers, cost of livings index numbers.
4.
Determines the above mentioned index numbers.