Kerala University 2017 admission onwards
Bachelor of business administration -BBA
Complimentary course: BM 1131 Statistics for business decisions
Kerala university has changed the BBA syllabus from 2017 onwards. As far as BM 1131 paper is concerned two modules of previous syllabus is removed and two new modules are added. Objective of the paper is to familiarize the students with various statistical data analysis tools that can be used for effective decision making. Emphasis will be on the application of the concepts learned.
Following is the new syllabus:
Module 1
Measures of central value- characteristics of an ideal measure - Measures of central tendency - mean, median, mode- Application in Business decisions- Measures of dispersion-absolute and relative measures of dispersion- Range, Quartile deviation, mean deviation, standard deviation, co-efficient of variation- Moments, Skewness,Kurtosis- (conceptual framework only) (20 hours)
Module 2
Correlation analysis; Meaning and significance- correlation and causation, Types of correlation, methods of studying simple correlation - scatter diagram, Karl Pearson's coefficient of correlation, Spearman's rank correlation co-efficient. (15 hours)
Module 3
Regression analysis- Regression Vs Correlation, Linear regression, Regression lines, Standard error of estimates (10 hours)
Module 4
Time series- meaning and significance- utility, components of time series- measurement of trend: method of least squares, Parabolic trend and logarithmic trend (10 hours)
Module 5
Meaning and significance, problems in construction of index numbers, methods of constructing index numbers- weighted and unweighted, test of adequacy of index numbers, chain index numbers, base shifting, splicing and deflating index numbers (17 hours)
Books recommended:
1. Gupta S P (2008) Statistical methods, Sultan Chand and Sons, New Delhi
2, Richard Levin & David Rubin (1998) Statistics for Management, Prentice Hall, New Jersey
3. Anderson , Sweeney & Williams (2013) Statistics for Business and Economics, South western Publishing company , Ohio, USA
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