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Course Code: STA 132

Course Title: Basic Business Statistics
Trimester: Fall 2016

Course Instructor: Uttam Golder

E-mail:uttamgolder@yahoo.com
Mobile: +88 01911560688 (Only
in Case of Emergency)

Text Books:
1. Business statistics: S.P. Gupta & M.P. Gupta
2. Manindra Kumar Roy; Paul, Jiban Chandra: Business Statistics
Reference Books:
1. Modern Business Statistics by Levin & Rubin
2. Statistical Techniques in Business and Economics by Mason and Lind
Course Contents:

Introduction: Definition, Characteristics of statistical data, Scope, functions, and limitations of statistics in business.

Data Collection and Presentation: Sources, Classification and tabulation of statistical data, Frequency distribution
and graphical representation of data.

Measures of Central Tendency: Introduction- Arithmetic Mean-Geometric mean- Harmonic Mean-Weighted

Arithmetic Mean-Mode-Median-Quintiles-Deciles-Percentiles-Properties of a Good Average- Empirical Relation
among the Average.

Measures of Dispersion: Significance of Measuring Dispersion-Properties of A Good Avery Dispersion- Range-InterQuartile Range and quartile Deviation- Mean deviation-Standard deviation-Co-efficient of Variation and Their
application.

Skewness, Moments, and Kurtosis: Moments about arbitrary value- Moments from mean- Relation between
moments- measures of skewness & kurtosis and their uses.

Correlation Analysis: Significance of the study of Correlation and Causation- Types of Correlation- Scatter Diagram
Method- Karl Pearsons Coefficient of Correlation-Rank correlation Coefficient.

Regression analysis: Difference between regression and correlation analysis- Simple Regression Lines- Regression
Equation- Regression Co-efficient.

Probability: Meaning of Probability- Elements of Set Theory- Sample Space- Events- Theorems of Total Compound
Probability- Conditional Probability and Statistical Independence- Expected value of Random Variable.

Course Procedure: Course activities will include lectures and discussion of examples, homework, assignments, quizzes, a
midterm and a comprehensive final examination. Homework and assignments will be given during the classes. The completion
of these assignments before the deadline is absolutely essential for the mastering of this material.
Attendance: 5% of the total marks are allocated for attendance. If one does not attend at least 70% of the total classes, s/he
will not be allowed to take the final exam.
Marks distribution: Attendance 5%,
Quiz 15%,
Assignment 5%,
Midterm 25% and
Final 50%
Total 100%

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Administrative Information: There will be two 1 hour 30 minutes lectures and one 1 hour 30 minutes consultation every
week for this course. A pass in this course will earn you 3 credits.
Lectures
Consultation

Sunday and Tuesday

As indicated in academic schedule

10:00 11:30 AM

Class Delivery Plan

SL.
No.

Topics

Introduction and idea sharing class- concept of Statistics.

Definition, Characteristics of statistical data, Scope, functions, and limitations of statistics in business

Collection of Data, Sources of Data, Aspects that should examine before using Secondary Data, Questioning VS
observation, Factors that should be kept in mind while designing a questionnaire, Advantages of pre-testing
questionnaire

Presentation of Data, Classification of Data, Tabulation of Data & Parts of a Table, Types of Tables, General Rules for
Constructing Diagrams

Introduction- Arithmetic Mean-Geometric mean- Harmonic Mean-Weighted Arithmetic Mean

Mean-Mode-Median-Quintiles-Deciles-Percentiles-Properties of a Good Average- Empirical Relation among the

Average.

Absolute and Relative Measures of Dispersion, Properties, Problems, Significance of Measuring Dispersion-Properties
of A Good Avery Dispersion- Range-Inter-Quartile Range and quartile Deviation

Mean deviation-Standard deviation-Co-efficient of Variation and Their application.

Mid-Term Exam

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Moments about arbitrary value, Moments about mean, Relation between moments

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Measures of skewness & kurtosis and their uses.

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Significance of the study of Correlation and Causation- Types of Correlation- Scatter Diagram Method

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Karl Pearsons Coefficient of Correlation-Rank correlation Coefficient.

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Last Day of Submitting Assignment

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Difference between regression and correlation analysis- Simple Regression Lines

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Regression Equation- Regression Co-efficient.

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Meaning of Probability- Elements of Set Theory- Sample Space- Events- Theorems of Total Compound Probability

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Conditional Probability and Statistical Independence- Expected value of Random Variable.

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Presentation

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Presentation

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Presentation

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Solve class

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FINAL EXAMINATION

There will be changes in lecture plans, if necessary, according to the progress of the students.