Business Statistics and Analytics
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Business Statistics and Analytics SOLVED PAPERS AND GUESS
Product Details: Rohtak UNIVERSITY Business Statistics and Analytics
Format: BOOK
Pub. Date: NEW EDITION APPLICABLE FOR Current EXAM
Publisher: MEHTA SOLUTIONS
Edition Description: 2021-22
RATING OF BOOK: EXCELLENT
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If you find yourself getting fed up and frustrated with other Rohtak UNIVERSITY book solutions now mehta solutions brings top solutions for Rohtak UNIVERSITY Business Statistics and Analytics REPORT book contains previous year solved papers plus faculty important questions and answers specially for Rohtak UNIVERSITY .questions and answers are specially design specially for Rohtak UNIVERSITY students .
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Business Statistics and Analytics
UNIT- I
Definition, role and application. Measures of central tendencies and their application. Measures of dispersion: range, quartile deviation, standard deviation, coefficient of variance and mean deviation. Skewness and kurtosis.
UNIT- II
Correlation: meaning and type of correlation - positive correlation, negative correlation, linear and non-linear correlation. Scatter diagram, Karl Pearson’s coefficient of correlation, properties of correlation coefficient, probable error of correlation coefficient. Multiple and partial correlation coefficient. Regression: Meaning and types- simple and multiple regression, linear and non-linear regression, regression lines, and properties of regression.
UNIT- III
Time Series: introduction, objectives and identification of trends – variation in time series, secular variation, cyclical variation, seasonal variation and irregular variation. Methods of estimation of trends- moving average and least square method.
Index number: definition, uses, types, simple aggregate method and weighted aggregate method- Laspeyre’s, Paasche’s, Fisher’s and CPI. Construction of index numbers and their uses.
UNIT- IV
Sampling: meaning and basic sampling concept, sampling and non-sampling errors. Hypothesis testing: formulation and procedure for testing a hypothesis. Large and small sample test- z, t, F test and ANOVA (one way). Non-parametric test: chi-square test, sign test, Kruskal–Wallis test. Concept of Business Analytics- Meaning, types and application of Business Analytics.