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SrK I]lGJl;"8L4 E]H - Kachchh University

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First Year B.A. Semester-II (Allied Course)<br />

Statistical Methods<br />

Objective: CODE : AC ST 02<br />

The course aims to provide an understanding of application of statistics to business and<br />

industries while focusing to develop effective business communication skills among the students.<br />

Key features:<br />

To make them aware about Statistical Methods application in the real life.<br />

Course duration: 45 Sessions, 3 sessions a week.<br />

Topic<br />

No.<br />

1 POPULATION CENCUS:<br />

131<br />

Topic<br />

Method of conducting population census and its usefulness. Detailed Study of last<br />

population census of India. Limitations of Indian census data and suggestions to improve<br />

them.<br />

2 VITAL STATISTICS:<br />

Meaning and scope of demography crude, standard and Age specific rates Mortality<br />

rates pertaining to (i) CDR (ii) SDR (iii) IMR<br />

Birth rates pertaining to (i) CDR (ii) SDR (iii) Age specific Birth rates. Fertility rates<br />

pertaining to (i) GFR (ii) ASFR (iii)TFR. Simple illustrative examples.<br />

3 TIME SERIES:<br />

Definition and Meaning of time series. Components of time series. Trend, Seasonal,<br />

Cyclic and Random components, Elimination of trend by the method of Moving<br />

average, method of curve fitting, using or ordinary least squares principle only, curve<br />

fitting for numerical data for linear and quadratic case only.<br />

4 BUSINESS FORECASTING METHODS:<br />

Forecasting concept, types and importance-General approach to forecasting, Methods of<br />

forecasting. Forecasting demand, Industry verses company sales. Forecasting affecting<br />

company sales-Graphical method-Linear and parabolic trends-Exponential smoothing<br />

method.

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