MOST IMPORTANT TOPICS FOR BUSINESS STATISTICS EXAM
PRACTICAL PROBLEMS CARRYING 7 TO 8 MARKS EACH (35 MARKS
EXPECTED FROM THIS TOPIC)
MEASURE
OF CENTRAL TENDENCY/DISPERSION
1.
CALCULATION OF SD, VARIANCE AND COEFFICIENT OF VARIATION
2. CALCULATION
OF MISSING FIGURE
3. CALCULATION OF MEAN, MEAN DEVIATION AND MEDIAN DEVIATION
CORRELATION
AND REGRESSION ANALYSIS
1.
CALCULATION OF REGRESSION EQUATIONS
2.
REGRESSION EQUATIONS ARE GIVEN AND WITH THEIR HELP FIND MEAN, CORRELATION AND
SD
3. KARL PEARSON COEFFICIENT OF CORRELATION (5 FORMULAS)
4. RANK CORRELATION
INDEX
NUMBER
1. WEIGHTED
INDEX NUMBER
2.
CALCULATION OF INDEX NUMBER UNDER VARIOUS METHOD WHEN PRICES AS WELL AS
QUANTITIES ARE GIVEN
3. TIME
REVERSAL AND FACTOR REVERSAL TEST
4. BASE SHIFTING AND CALCULATION OF REAL WAGES.
TIME
SERIES
1. LEAST
QUARE METHOD
2. MOVING
AVERAGE METHOD INCLUDING WEIGHTED AVERAGE METHOD
3. SEMI AVERAGE METHOD
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