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Business statistics full syllabus for all university exams BBA BCOM NEP 2024-2025

BY LU NOTES 😚

2024-2025 Syllabus

UNIT I


Data Summarisation;
Significance of Statistics in Business Decision Making
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Data and Information
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Classification & Tabulation of Data
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Frequency Distribution
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Measures of Central Tendency: Mean, Median & Mode
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Measures of Dispersion: Range, Mean Deviation & Standard Deviation
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UNIT II


Correlation and Regression;
Significance of Correlation
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Types of Correlation
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Scatter Diagram Method
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Karl Pearson Coefficient of Correlation
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Spearman Rank Correlation Coefficient
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Regression Introduction
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Regression Lines and Equations
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Regression Coefficients
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UNIT III


Probability;
Concepts in Probability
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Laws of Probability
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Sample Space
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Independent Events
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Mutually Exclusive Events
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Conditional Probability
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Bayes’ Theorem
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Theoretical Probability Distributions: Binomial, Poisson & Normal Distribution
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UNIT IV


Sampling Distribution;
Sampling Distributions and Significance
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Hypothesis Testing: Concept and Formulation of Hypothesis
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Types of Hypotheses
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Hypothesis Testing Process
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z-Test & t-Test
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Simple Hypothesis Testing Problems
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Type-I & Type-II Errors
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