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3COMDE0503

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sksdigital542bn
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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CLUSTER UNIVERSITY OF JAMMU

SYLLABUS – SEMESTER 5th (CBCS) – B.Com HONOURS


(DISCIPLIEN SPECIFIC ELECTIVE COURSE)

(EXAMINATION TO BE HELD IN 2017, 2018 AND 2019)


TITLE: BUSINESS STATISTICS
COURSE CODE : 3COMDE0503 CREDITS : 5+1
DURATION OF EXAMINATION TOTAL: 150 Marks
MINOR TEST : 01 Hour MINOR TEST: 30 Marks
MAJOR TEST : 03 Hours MAJOR TEST: 120 Marks

Objective: The objective of this course is to familiarize students with the basic statistical tools
used for managerial decision-making.

Unit-1: Introduction (18 HOURS)


Meaning, features, scope, function, & limitations of statistics; Sources of collecting data -
Primary and Secondary; Classification: Meaning, purpose, functions, rules & Basis of
classification; Tabulation: Meaning and Importance, Requisites of a good table;
Classification and Presentation of Data- purpose of classification, Rules of classification,
Kinds of classification; Diagrammatic Representation of Data: Simple Bar Diagram, Pie
Diagram

Unit-2: Measures of Central Tendencies (18 HOURS)


Meaning, Merits, Demerits and Computation of arithmetic mean, weighted mean,
Geometric mean, Harmonic mean, Median, Quartiles, Deciles, Percentiles and Mode in
case of grouped and ungrouped data.

Unit- 3: Measure of Dispersion (18 HOURS)


Mean deviation, Standard deviation, Quartile deviation, Range and their coefficients;
Variance and Coefficient of variations; Skewness- Meaning and concept, Measures of
Skewness– Absolute Measure & Relative Measure (Karl Pearson’s Coefficient of
Skewness, Bowley’s Coefficient of Skewness & Kelly’s Coefficient of Skewness)

Unit- 4: Simple Correlation & Regression Analysis (18 HOURS)


Correlation – Meaning, significance, types, Calculation of Coefficient of Correlation by
Karl Pearson’s & Rank Method, Probable Error and Standard Error Regression: Meaning,
uses, difference between correlation and regression.

Unit-5: Index Number & Time series Analysis (18 HOURS)


Index Number- Meaning, types, uses, problems in the construction of index number;
Computation of weighted price index by Laspayre’s, Paasche’s & Fisher’s method; test of
adequacy of index number formula - time reversal test and factor reversal test; Fixed base
and chain base index number; Cost of living index number, Base shifting Time Series
Analysis: Meaning, utility, components, methods of determining trend –Graphic method,
Semi – average method, Moving Average method, Methods of least square.

COURSE CODE : 3COMDE0503 Page 1 of 2


CLUSTER UNIVERSITY OF JAMMU
SYLLABUS – SEMESTER 5th (CBCS) – B.Com HONOURS
(DISCIPLIEN SPECIFIC ELECTIVE COURSE)

Note:
1. There shall be 5 Credit Hrs. for Lectures + one credit Hr for Tutorials (per group)
2. Latest edition of text books may be used.

Suggested Readings:
1. Levin, Richard, David S. Rubin, Sanjay Rastogi, and HM Siddiqui. Statistics for Management.
7th ed., Pearson Education.
2. David M. Levine, Mark L. Berenson, Timothy C. Krehbiel, P. K. Viswanathan, Business
Statistics: A First Course, Pearson Education.
3. Siegel Andrew F. Practical Business Statistics. McGraw Hill Education.
4. Gupta, S.P., and Archana Agarwal. Business Statistics, Sultan Chand and Sons, New Delhi.
5. Vohra N. D., Business Statistics, McGraw Hill Education.
6. Murray R Spiegel, Larry J. Stephens, Narinder Kumar. Statistics (Schaum’s Outline Series),
McGraw Hill Education.
7. Gupta, S.C. Fundamentals of Statistics. Himalaya Publishing House.
8. Anderson, Sweeney, and Williams, Statistics for Students of Economics and Business,
Cengage Learning.

INSTRUCTIONS FOR PAPER SETTERS AND CANDIDATES:


Minor Test:
1) The Minor Test shall be held for the first 20% of the syllabus having 30 marks i.e.
covering first unit out of five units.
2) It will comprise of three long answer type questions of 8 marks each and students will
have to attempt any two and 10 short answer type questions of 2 marks each and student
will have to attempt any 7 questions.

Major Test: It will be of two parts


1) Part A: It will comprise of 5 questions of 3 marks and 9 questions of 1 mark. (Short
answer/objective type question of 24 marks) covering all five units with equal weightage
to all units.
2) Part B: Comprising of eight long answer questions of 24 marks each, from 2nd, 3rd, 4th
and 5th units. Two questions shall be set from each unit and student will have the internal
choice.
Each question of 24 marks will have two parts:
i) Long answer question of 18 marks.
ii) Short answer question/numerical of 6 marks.

COURSE CODE : 3COMDE0503 Page 2 of 2

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