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# DETAILS OF COURSES BC-301 BUSINESS STATISTICS & MATHEMATICS

## DETAILS OF COURSES BC-301

#### STATISTICS

1. Definition, Application in Business and Commerce.
2. Classification and Tabulation.
3. Statistical Enquiries, Diagrams and Graphs.
4. Measures of Central Values.
5. Measures of Dispersion.
6. Skewness
7. Simple Correlation and Regression, Lines of Regression. Method of least square and curve fitting with application to Business.
8. Index Numbers
• Kinds of index numbers with special emphasis to consumer price index numbers.
9. Probability
1. Set theory
2. Definition
3. Laws of Probability
4. Conditional probability,
5. Independent and Dependent events;
10. Random Variables: Introduction, Discrete and Continuous Random variables. Probability function. Expected values of Random variables.
11. Tests of significance: Introduction, Tests for means and proportions for single and two populations.
12. Sampling
13. Chi-Square
14. Statistical Package for Social Sciences

#### MATHEMATICS

Solution of simultaneous equation.