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Syllabus of UPTU (M.B.A.)Semester I - BUSINESS STATISTICS
MBA 015 : BUSINESS STATISTICS
Max. Hours : 40
Unit I (8 Sessions)
Role of statistics: Applications of inferential statistics in managerial decision-making; Measures of central
tendency: Mean, Median and Mode and their implications; Measures of Dispersion: Range, Mean deviation,
Standard deviation , Coefficient of Variation ( C.V.) , Skewness, Kurtosis.
Unit II (12Sessions)
Time series analysis: Concept, Additive and Multiplicative models, Components of time series, Trend analysis:
Least Square method - Linear and Non- Linear equations, Applications in business decision-making.
Index Numbers:- Meaning , Types of index numbers, uses of index numbers, Construction of Price, Quantity
and Volume indices:- Fixed base and Chain base methods.
Correlation:- Meaning and types of correlation, Karl Pearson and Spearman rank correlation.
Regression:- Meaning , Regression equations and their application , Partial and Multiple correlation &
regression :- An overview.
Unit III (10 Sessions)
Probability: Concept of probability and its uses in business decision-making; Addition and multiplication
theorems; Bayes'Theorem and its applications.
Probability Theoretical Distributions: Concept and application of Binomial; Poisson and Normal distributions
Unit IV (10 Sessions)
Estimation Theory and Hypothesis Testing: Sampling theory; Formulation of Hypotheses; Application of Ztest,
t-test, F-test and Chi-Square test. Techniques of association of Attributes & Testing.
1) Beri - Business Statistics (Tata Mc Graw Hill 2nd Edition).
2) Chandan J S - Statistics for Business and Economics (Vikas 1998.Ist Edition).
3) Render and Stair Jr - Quantitative Analysis for Management (Prentice-Hall, 7th edition)
4) Sharma J K - Business Statistics (Pearson Education 2nd Edition).
5) Gupta C B, Gupta V - An Introduction to Statistical Methods (Vikas1995, 23rd Edition).
6) Levin Rubin - Statistics for Management (Pearson 2000, New Delhi, 7th Edition).
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