The objective of this course is to provide basic knowledge of statistics and their application to business situations.

Topics Covered

1.STATISTICS - Definition ,Uses and Limitations. 2.CLASSIFICATION AND TABULATION OF DATA –Collection,Classification and tabulation of data , preparation of frequency distribution. 3.MEASURES OF CENTRAL TENDENCY – Definition,Arithmetic Mean, Median, Mode. Graphical representation of Histogram,Frequency polygon and Ogive curve -Problems. 4.MEASURES OF DISPERSION - Definition ,Range, Quartile Deviation, Mean Deviation, Standard Deviation and Co-efficient of Variation - Problems. 5.MEASURES OF SKEWNESS – Definition, Karl Pearson’s Co-efficient of skewness -Problems.

Who should attend

Students for whom QUANTITATIVE METHODS FOR BUSINESS SOLUTIONS is essential.Example - BBA/MBA, B.COM/M.COM,BCA/MCA,BA,B.SC etc.,

Pre-requisites

Basic mathematical techniques and calculator operation.

What you need to bring

Note book,calculator,pen,pencil.

Key Takeaways

On the completion of this course, students will be able to 1.understand the need for statistics,uses and limitations. 2.apply various measures of central tendency,dispersion and skewness for business solutions 3.interpret results using various graphical reoresentations