Description of "Quantitative Techniques Volume II"
The course is suitable for student of MBA/BBA Quantitative Techniques regular and distance education, M.Com/B.Com Business Statistics, M.Sc./B.Sc. Statistics, MA/BA Economics Statistics. Statistical Quality Control in Quality Management.
Introduction to Statistics: Meaning of Statistics, Introduction to data, Variable, order array, frequency distribution, Types of frequency distribution. Illustrative examples.
Central Tendency: Mean: definition and calculation, General and mathematical properties of mean, Combined arithmetic mean, weighted arithmetic mean. Median: definition and calculation, Properties of median, Location of median, Partition values: Quartiles, Deciles, Percentiles, Mode: Definition and calculation, properties of mode, Empirical relation of mean, median and mode. Illustrative examples.