# FYBFM Sem 2 Syllabus: Business Statistics

If you are looking for FYBFM Sem 2 Syllabus of Business Statistics then your search ends here as we present the main units, chapters and topics covered in each unit.

 UNIT CONTENT LECTURES 1 Population and sample Definition of statistics, scope of statistics in Management and financial markets, Concept of population and sample with illustration Methods of sampling- SRSWR, SRSWOR, stratified, systematic (description of sampling procedures only) Data condensation and graphical methods: Raw data, attributes and variables, classification, frequency distribution, cumulative frequency distribution Graphs- Histogram and frequency polygon Diagrams- Multiple bar, pie, subdivided bar 12 2 Measures of central tendency Criteria for good measures of central tendency, arithmetic mean, median mode for grouped and ungrouped data, combined mean 12 3 Measures of Dispersion Concept of dispersion, absolute and relative measures of dispersion, range variance, standard deviation, coefficient of variation, quartile deviation, coefficient of quartile deviation 12 4 Correlation and regression ( for ungrouped data) Concept of correlation, positive and negative correlation, Karl Pearson’s Coefficient of Correlation, meaning of regression, two regression equations, Regression coefficients and properties 12 5 Linear Programming Problems Meaning of LPP, Formulation of LPP, solution by graphical methods, problems relating to two variables only 12