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Presentation of Business Data:
Classification, Frequency, Distribution, Diagrammatic presentation and Graphic presentation.
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Measure of Central Tendency:
Arithmetic Mean, Geometric Mean, Harmonic Mean, Median and Mode.
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Measure of Variation:
Standard Deviation, Coefficient of Variation.
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Correlation and Regression Analysis:
Karl Pearson's coefficient of correlation, Regression Lines and Regression coefficients.
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Business Forecasting:
Method of Forecasting, Time Series Analysis.
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Probability:
Meaning, Addition Law, Multiplication
Law, Conditional Probability and Bayes Theorem.
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Sampling Distribution and Test of Hypothesis:
Central Limit Theorem, Sampling Distribution of Mean and Difference of two means. Procedure of testing
hypothesis, Type I & II Errors, One tailed and two tailed Test.
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Chi square test and
Students 'T' test.
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Analysis of variances:
Computation and AVONA tables, one way and two way classification.
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