Dibrugarh University
Syllabus for B.COM Programme
Under Directorate of Distance Education
2nd Year
Course No: B. Com. 204: BUSINESS STATISTICS
Total Marks: 90
Objectives: Learners to gain
understanding to statistical techniques as are applicable in the business.
Block I: Introduction: 18
Statistics
as a subject; Descriptive Statistics compared. To Inferential Statistics; Types
of data; Methods of data collection using Survey methods, Summation operations
Analysis
of Univariate Data: Concept of central tendency and Dispersion and their
measures.
Block II: Analysis of Bivariate Data: 18
Linear
Regression and Correlation
Block III: Index Number: 18
Meaning;
Types and uses; Methods of constructing price and quantity indices (simple and
aggregate); Tests and adequacy; Chain base index numbers; Base Shifting, Splicing
and deflating; problems in constructing index numbers; Consumer price index.
Block IV: Analysis of Time Series: 18
Causes
of variations in time series data; components of a time series;
Decomposition-additive and multiplicative models; determination of trend;
moving average method and method of least squares (only linear trend).
Computation of seasonal indices by the method of simple averages
Block V: Forecasting and Methods: 18
Forecasting-concept;
types and importance; general approach to forecasting; Method of forecasting;
Forecasting demand; Factors affecting company sales, Basic concept of
probability-Additive and Multiplicative Laws of Probability.
Suggested Readings:
1. Gupta
S. P.: Statistical Methods; Sultan Chand & Sons; New Delhi.
2. Sancheti
& Kapoor: Business Statistics, Sultan Chand & Sons; New Delhi.
3. Hooda;
R. P.: Statistics for Business and Economics; Macmillan; New Delhi.
4. J.
K. Sharma: Business Statistics; Pearson Education.
5. Ya-Lun
Chou: Statistical analysis with Business and Economics Application, Holt,
Rinehart & Winster, New York.
6. Lewin
and Rubin: Statistics for Management; Prentice Hall of India, New Delhi.
7. Hoel
& Jessen: Basic Statistics for Business and Economics; John wiley and sons,
New York.
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