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Default Sathyabama Institute of Science and Technology BBA.LL.B - B.B.A.LL.B. (Honours) SMT1301 Business Statistics Syllabus

Sathyabama Institute of Science and Technology BBA.LL.B - B.B.A.LL.B. (Honours) SMT1301 Business Statistics Syllabus


Sathyabama Institute of Science and Technology

SMT1301 BUSINESS STATISTICS

UNIT 1 – INTRODUCTION TO STATISTICS 12 Hrs.
Origin and development of statistics – Definition of statistics-Importance and Scope of Statistics – Limitations of
statistics – Misuse of statistics. Presentation of Data- Diagrammatic representation of data – Bar diagrams – Pie diagrams –
histogram- Frequency Polygon and frequency curve – Pictogram and Cartogram.

UNIT 2 – MEASURES OF CENTRAL TENDENCY 16 Hrs.
Simple averages – mean, median, mode – Geometric mean and Harmonic mean – Weighted Arithmetic mean –
Measures of Dispersion- Range – Quartile deviation – Mean deviation – Standard deviation –Coefficient of variation –
Combined mean and standard deviation. Skewness- Karl Pearson and Bowley’s Coefficient of Skewness- Moments-
Kurtosis.

UNIT 3 – CURVE FITTING 16 Hrs.
Fitting a straight line and second degree parabola. Correlation- Scatter diagram – Limits of correlation coefficient –
Spearman’s Rank correlation coefficient- Simple problems – Regression- Properties of Regression coefficients and
regression lines.


UNIT 4 – TIMES SERIES 16 Hrs.
Components of time series – additive and multiplicative models – Measurement of Trend- Graphical Method –
Semi average method – Moving average method – least square method- Measurement of seasonal variation – Method of
simple average method – Ratio trend method- Ratio to Moving average method- Method of link relatives.

UNIT 5 – INDEX NUMBERS 15 Hrs.
Construction of index numbers – Unweighted index numbers- Weighted index numbers- Laspeyr’s method –
Paasche’s method – Dorbish and Bowley method – Marshall – Edge worth method- Fishers method – Kelly’s method –
quality index numbers– Chain index numbers –Base shifting – Splicing and deflating the index numbers – consumer Price
index numbers.
Max. 75 Hours


COURSE OUTCOMES:
On the completion of the course the student will be able to
CO1: This course enhances the students to understand the concept of statistics and development of statistics.
CO2: It helps the students to gain knowledge about the tendency and measures of central tendency.
CO3: It makes the students to understand the concept of Curve fitting.
CO4: It empathises the students about the importance of time Series and methods of Time series.
CO5: Enhance the Students about the index number and types of index numbers.
CO6: This Course will equip the students with the required Professional Skills.


TEXT / REFERENCE BOOKS
1. Vittal.P.R., Business Statistics, Margham publications, Chennai, 2008.
2. Gupta.S.C. Statistics, Himalaya Publishers, Mumbai, 2005.
3. S.P.Gupta, Business Statistics, Sultan Chand & Sons, New Delhi, 2008.
4. Beri.G., Business Statistics, Tata McGraw Hill Publishing Company Ltd, New Delhi, 2009.
5. Yule and Kendall (1993), Introduction to theory of Statistics. Universal Book Stall, New Delhi.


END SEMESTER EXAMINATION QUESTION PAPER PATTERN
Max. Marks:100 Exam Duration: 3 Hrs.
PART A: 6 Questions to be answered out of 8 questions and each question carries 5 Marks 30 Marks
PART B: 4 questions to be answered out of 8 questions (Internal Choice) and each question carries 10 Marks 40 Marks
PART C: 2 Questions to be answered out of 4 questions and each carries 15 marks 30 Marks
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