{"id":186,"date":"2019-12-31T08:02:51","date_gmt":"2019-12-31T08:02:51","guid":{"rendered":"https:\/\/bcisnotes.com\/thirdsemester\/?page_id=186"},"modified":"2021-06-16T10:55:09","modified_gmt":"2021-06-16T10:55:09","slug":"statistics","status":"publish","type":"page","link":"https:\/\/bcisnotes.com\/thirdsemester\/statistics\/","title":{"rendered":"Statistics"},"content":{"rendered":"<p><strong>Unit I Introduction\u00a0<\/strong><\/p>\n<ul>\n<li>Basic concepts of statistics<\/li>\n<li>Terminologies associated with statistics such as populations and samples<\/li>\n<li>Variables (Dependent and independent only)<\/li>\n<li>Types and sources of data, Descriptive and inferential statistics<\/li>\n<li>Data processing (editing and coding)<\/li>\n<li>Applications of statistics in business and management.<\/li>\n<\/ul>\n<p><strong>Unit II Describing Data: Graphs and Tables\u00a0<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/bcisnotes.com\/thirdsemester\/business-statistics\/method-of-forming-class-interval-describing-data-graphs-and-tables-bcis-notes\/\" target=\"_blank\" rel=\"noopener noreferrer\">Method of forming Class Interval<\/a><\/li>\n<li>Data array<\/li>\n<li>Stem and leaf Display<\/li>\n<li>Frequency tables, Histograms<\/li>\n<li>Polygon<\/li>\n<li>Cumulative Polygon<\/li>\n<li>Scatter plots<\/li>\n<li>Simple Bar and Pie charts<\/li>\n<li>Cross tabulation<\/li>\n<\/ul>\n<p><strong>Unit III Describing Data: Summary Measures\u00a0<\/strong><\/p>\n<ul>\n<li><strong>Central Location:<\/strong> <a href=\"https:\/\/bcisnotes.com\/thirdsemester\/business-statistics\/arithmetic-mean-measures-of-central-tendency-bcis-notes\/\" target=\"_blank\" rel=\"noopener noreferrer\">Arithmetic Mean<\/a>, <a href=\"https:\/\/bcisnotes.com\/thirdsemester\/business-statistics\/median-data-measures-of-central-tendency-bcis-notes\/\" target=\"_blank\" rel=\"noopener noreferrer\">Median<\/a>, and <a href=\"https:\/\/bcisnotes.com\/thirdsemester\/business-statistics\/mode-measures-of-central-tendancy-bcis-notes\/\" target=\"_blank\" rel=\"noopener noreferrer\">Mode<\/a><\/li>\n<li><strong>Non Central Location <a href=\"https:\/\/bcisnotes.com\/thirdsemester\/business-statistics\/partition-values-measures-of-central-tendency-bcis-notes\/\" target=\"_blank\" rel=\"noopener noreferrer\">Partition Values<\/a>:<\/strong> Quartiles, Deciles and Percentiles<\/li>\n<li><strong>Dispersion:<\/strong> Range, Interquartile range, Variance, Standard deviation, Coefficient of variation, Index for qualitative variation (IQV)<\/li>\n<li><strong>Shape:<\/strong> Crude measure (comparison of mean, median, and mode), five-number summary, Box plot<\/li>\n<li><strong>Inequality Measure:<\/strong> Gini concentration ratio<\/li>\n<\/ul>\n<p><strong>Unit IV Basics of Probability Theory<\/strong><\/p>\n<ul>\n<li>Basic concepts<\/li>\n<li>Counting rule<\/li>\n<li>Objective and subjective probability<\/li>\n<li>Marginal and joint Probability<\/li>\n<li>Addition rule<\/li>\n<li>Conditional probability<\/li>\n<li>Multiplication rules<\/li>\n<li>Bayes\u2019 Theorem.<\/li>\n<\/ul>\n<p><strong>Unit V Probability Distributions\u00a0<\/strong><\/p>\n<ul>\n<li>Discrete probability distribution (Binomial and Poisson distribution and mean and standard deviation of their distributions)<\/li>\n<li>Continuous probability distribution: Normal distribution, Normal approximation of Binomial and Poisson distribution<\/li>\n<\/ul>\n<p><strong>Unit VI Estimation and Hypothesis Testing\u00a0<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/bcisnotes.com\/thirdsemester\/business-statistics\/estimation-its-characteristics-estimation-hypothesis-bcis-notes\/\" target=\"_blank\" rel=\"noopener\">Concept of estimation<\/a><\/li>\n<li><a href=\"https:\/\/bcisnotes.com\/thirdsemester\/business-statistics\/interval-estimation-estimation-hypothesis-bcis-notes\/\" target=\"_blank\" rel=\"noopener\">Confidence intervals<\/a><\/li>\n<li>confidence intervals for means and proportions ( one sample case only )<\/li>\n<li>Test of significance<\/li>\n<li>p-value approach to hypothesis testing<\/li>\n<li>the connection between confidence intervals and hypothesis testing<\/li>\n<li>comparing two means (two-sample z and t-test procedures)<\/li>\n<li>comparing two proportions.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<div class=\"mh-excerpt\"><p>Unit I Introduction\u00a0 Basic concepts of statistics Terminologies associated with statistics such as populations and samples Variables (Dependent and independent only) Types and sources of <a class=\"mh-excerpt-more\" href=\"https:\/\/bcisnotes.com\/thirdsemester\/statistics\/\" title=\"Statistics\">[&#8230;]<\/a><\/p>\n<\/div>","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.1 - 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