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Fundamentals of Business Statistics – J. K. Sharma

Download Fundamentals of Business Statistics – J. K. Sharma written by J.K. Sharma in PDF format. This book is under the category Business and bearing the isbn/isbn13 number 8131730654/9788131730652. You may reffer the table below for additional details of the book.

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book-author J.K. Sharma Pearson Education India PDF 504 pages English B00CQ4Q0AW 8131730654 9788131730652

Book Description

Sharma’s Fundamentals of Business Statistics (PDF) is a comprehensive textbook for courses in quantitative methods and business statistics. Designed for college and university students of B.Com.; BBA; BA (Eco); BCA; and similar other undergraduate courses; this ebook focuses on enhancing the knowledge of fundamental techniques and their application to problem-solving through numerous solved examples.

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book-author J.K. Sharma Pearson Education India PDF 504 pages English B00CQ4Q0AW 8131730654 9788131730652

Cover
Content
Preface
Statistics: An Overview
Reasons for Learning Statistics
Growth and Development of Statistics
Statistics Defined
Types of Statistical Methods
Importance and Scope of Statistics
Statistics and the State
Statistics in Economics
Statistics in Physical Sciences
Statistics in Social Sciences
Statistics in Medical Sciences
Statistics and Computers
Limitations of Statistics
Statistics Does Not Study Qualitative Phenomena
Statistics Does Not Study Individuals
Statistics Can Be Misused
Conceptual Questions
Need for Data
Types of Data
Sources of Data
Primary Data Sources
Secondary Data Sources
Chapter Concepts Quiz
Glossary of Terms
Data Classification, Tabulation and Presentation
Introduction
Classification of Data
Requisites of Ideal Classification
Basis of Classification
Organizing Data Using Data Array
Frequency Distribution
Methods of Data Classification
Bivariate Frequency Distribution
Types of Frequency Distributions
Conceptual Questions
Self-Practice Problems
Tabulation of Data
Objectives of Tabulation
Parts of a Table
Conceptual Questions
Self-Practice Problems
Graphical Presentation of Data
Functions of a Graph
General Rules for Drawing Diagrams
Types of Diagrams
One-Dimensional Diagrams
Two-Dimensional Diagrams
Three-Dimensional Diagrams
Pictograms or Ideographs
Cartograms or Statistical Maps
Conceptual Questions
Self-Practice Problems
Formulae Used
Chapter Concepts Quiz
Review Self-Practice Problems
Glossary of Terms
Measures of Entral Tendency
Introduction
Objectives of Averaging
Requisites of a Measure of Central Tendency
Measures of Central Tendency
Mathematical Averages
Arithmetic Mean of Ungrouped (or Raw) Data
Arithmetic Mean of Grouped (or Classified) Data
Some Special Types of Problems and Their Solutions
Weighted Arithmetic Mean
Conceptual Questions
Self-Practice Problems
Geometric Mean
Combined Geometric Mean
Weighted Geometric Mean
Conceptual Questions
Self-Practice Problems
Harmonic Mean
Relationship among A.M., G.M., and H.M.
Self-Practice Problems
Averages of Position
Median
Partition Values—Quartiles, Deciles, and Percentiles
Graphical Method for Calculating Partition Values
Conceptual Questions
Self-Practice Problems
Mode
Graphical Method for Calculating Mode Value
Relationship Between Mean, Median, and Mode
Comparison Between Measures of Central Tendency
Conceptual Questions
Self-Practice Problems
Formulae Used
Chapter Concepts Quiz
Review Self-Practice Problems
Glossary of Terms
Measures of Dispersion
Introduction
Significance of Measuring Dispersion
Essential Requisites for a Measure of Variation
Classification of Measures of Dispersion
Distance Measures
Range
Interquartile Range or Deviation
Conceptual Questions
Self-Practice Problems
Average Deviation Measures
Mean Absolute Deviation
Variance and Standard Deviation
Mathematical Properties of Standard Deviation
Coefficient of Variation
Conceptual Questions
Self-Practice Problems
Formulae Used
Chapter Concepts Quizss
Review Self-Practice Problems
Glossary of Terms
Skewness and Kurtosis
Introduction
Measures of Skewness
Relative Measures of Skewness
Conceptual Questions
Self-Practice Problems
Kurtosis
Measures of Kurtosis
Conceptual Questions
Self-Practice Problems
Formulae Used
Review Self-Practice Problems
Glossary of Terms
Probability and Probability Distributions
Introduction
Concepts of Probability
Random Experiment
Sample Space
Event Types
Definition of Probability
Classical Approach
Relative Frequency Approach
Subjective Approach
Fundamental Rules of Probability
Glossary of Probability Terms
Combinations and Permutations
Conceptual Questions
Self-Practice Problems
Rules of Probability and Algebra of Events
Rules of Multiplication
Self-Practice Problems
Bayes’ Theorem
Self-Practice Problems
Probability Distributions
Expected Value and Variance of a Random Variable
Properties of Expected Value and Variance
Conceptual Questions
Self-Practice Problems
Discrete Probability Distributions
Binomial Probability Distribution
Conceptual Questions
Self-Practice Problems
Poisson Probability Distribution
Conceptual Questions
Self-Practice Problems
Continuous Probability Distributions
Normal Probability Distribution Function
Conceptual Questions
Self-Practice Problems
Formulae Used
Chapter Concepts Quiz
Review Self-Practice Problems
Glossary of Terms
Sampling and Sampling Distributions
Introduction
Reasons of Sample Survey
Population Parameters and Sample Statistics
Sampling Methods
Probability Sampling Methods
Non-Random Sampling Methods
Sampling Distributions
Conceptual Questions
Sampling Distribution of Sample Mean
Sampling Distribution of Mean When Population Has Normal Distribution
Sampling Distribution of Difference Between Two Sample Means
Self-Practice Problems
Sampling Distribution of Sample Proportion
Sampling Distribution of the Difference of Two Proportions
Self Practice Problems
Formulae Used
Chapter Concepts Quiz
Review Self-Practice Problems
Glossary of Terms
Hypothesis Testing
Introduction
General Procedure for Hypothesis Testing
Direction of the Hypothesis
Errors in Hypothesis Testing
Conceptual Questions
Hypothesis Testing for Single Population Mean
Hypothesis Testing for Difference Between Two Population Means
Self-Practice Problems
Hypothesis Testing for Single Population Proportion
Hypothesis Testing for Difference Between Two
Self-Practice Problems
Hypothesis Testing for Population Mean with Small Samples
Hypothesis Testing for Single Population Mean
Self-Practice Problems
Hypothesis Testing Based on F-Distribution
Self-Practice Problems
Comparing Two Population Variances
Formulae Used
Chapter Concepts Quiz
Review Self-Practice Problems
Glossary of Terms
Correlation Analysis
Introduction
Significance of Measuring Correlation
Correlation and Causation
Types of Correlations
Positive and Negative Correlation
Linear and Non-Linear Correlation
Simple, Partial, and Multiple Correlation
Methods of Correlation Analysis
Scatter Diagram Method
Karl Pearson’s Correlation Coefficient
Probable Error and Standard Error of Coefficient of Correlation
The Coefficient of Determination
Self-Practice Problems
Spearman’s Rank Correlation Coefficient
Self-Practice Problems
Conceptual Questions
Formulae Used
Chapter Concepts Quiz
Review Self-Practice Problems
Regression Analysis
Introduction
Parameters of Simple Linear Regression Model
Regression Coefficients
Methods to Determine Regression Coefficients
Least Squares Normal Equations
Deviations Method
Self-Practice Problems
Conceptual Questions
Formulae Used
Chapter Concepts Quiz
Review Self-Practice Problems
Forecasting and Time Series Analysis
Introduction
Forecasting Methods
Quantitative Forecasting Methods
Qualitative Forecasting Methods
Time Series Analysis
Objectives of Time Series Analysis
Time Series Patterns
Components of a Time Series
Time Series Decomposition Models
Multiplicative Model
Conceptual Questions
Quantitative Forecasting Methods
Freehand (or Graphical) Method
Smoothing Methods
Self-Practice Problems
Trend Projection Methods
Linear Trend Model
Exponential Trend Model
Changing the Origin and Scale of Equations
Self-Practice Problems
Measurement of Seasonal Effects
Seasonal Index
Method of Simple Averages
Ratio-to-Trend Method
Ratio-to-Moving Average Method
Measurement of Cyclical Variations—Residual Method
Measurement of Irregular Variations
Conceptual Questions
Self-Practice Problems
Formulae Used
Review Self-Practice Problems
Glossary of Terms
Index Numbers
Introduction
Index Number Defined
Types of Index Numbers
Characteristics and Uses of Index Numbers
Characteristics of Index Numbers
Uses of Index Numbers
Conceptual Questions
Methods for Construction of Price Indexes
Unweighted Price Indexes
Single Price Index
Aggregate Price Index
Average Price Relative Index
Self-Practice Problems
Weighted Price Indexes
Weighted Aggregate Price Index
Weighted Average of Price Relative Index
Quantity or Volume Indexes
Value Indexes
Self-Practice Problems
Time Reversal Test
Factor Reversal Test
Circular Test
Chain Indexes
Self-Practice Problems
Consumer Price Indexes
Uses of Consumer Price Index Number
Construction of a Consumer Price Index
Conceptual Questions
Formulae Used
Chapter Concepts Quiz
Review Self-Practice Problems
Glossary of Terms
Appendices
Table A1: Poisson Probabilities
Table A2: Binomial Coefficients
Table A3: Normal Distribution
Table A4: Critical Values of t-Distribution

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