Business statistics - Meaning and Definition – Scope and Functions - Advantages and Limitations - Meaning of Data, Variables, Random Variable, Population and Sampling Techniques. Measures of Central Tendency - Mean, Median - Measures of Dispersion - Standard Deviation and Co-efficient of Variation.

Correlation analysis; Simple, Partial, Multiple and rank correlation. Regression analysis; Simple Linear Regression model only.

Test of Significance - Test of Hypothesis and Estimation Testing Sample Mean and Difference Between Two Sample Means - Testing a Sample Proportion and Difference Between Two Sample Proportions and using Normal Distribution and "T" Distribution - Estimation of Parameters.

The "F" Test – Meaning, Characteristics and uses of "F test - Analysis of Variance. Non-Parametric Measures - Chi-square Test - Meaning, Properties and uses of Chi-square test.

Non parametric statistics in Data analysis - The Sign test - Runs test - Mann - Whitney - U Test - Kruskal - Wallys Test.