1.1 Simple and Compound Interest.
1.2 Ratios and Proportions.
1.3 Percentages and Discounts.
1.4 Profit and Loss on Sale of Goods.
2.1 Measures of Central Tendency: Mean, Median, Mode.
2.2 Geometric Mean, Harmonic Mean, Weighted Mean.
2.3 Problems on Mean, Median, Mode, Geometric Mean, and Weighted Mean.
2.4 Frequency Distributions and Histograms.
2.5 Measures of Relative Position.
3.1 Measures of Dispersion: Range, Standard Deviation, Coefficient of Variation.
3.2 Problems on Range, Standard Deviation, and Coefficient of Variation.
3.3 Skewness and Kurtosis.
3.4 Problems on Skewness and Kurtosis.
4.1 Definition and Concept of Correlation.
4.2 Scattered Diagrams.
4.3 Karl Pearson’s Coefficient of Correlation.
4.4 Spearman’s Rank Correlation.
1. Apply simple and compound interest concepts, solve ratio and proportion problems, calculate percentages and discounts and analyze profit and loss on sale of goods.
2. Compute mean, median and mode, interpret frequency distributions and histograms, determine measures of relative position.
3. Measure dispersion using range and standard deviation, analyze skewness and kurtosis.
4. Understand correlation concepts, interpret scatter diagrams, calculate Karl Pearson’s Coefficient of Correlation.
403401 BCOM Semester 4 Business Mathematics and Statistics (NEP)
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