Elements of Statistics Study Materials 2020 – Download Study Notes PDF

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Download Elements of Statistics Study Materials 2020. In this article, we are going to provide the Study Notes for Management Studies. This subject will come mostly for MBA, B.Com  students.  You can download these books from our Exams Time website that are free of cost. We have provided the materials for the important aspects of Statistical Concepts,  Measures of Central Tendency, Dispersion and Skewness, etc. Download these Study Materials which will be useful for their Exam Preparation.

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Elements of Statistics Study Materials - Download Study Books & Notes

Elements of Statistics Study Materials

Name of the Subject Elements of Statistics 
Category Management Studies
Useful for MBA, B.Com
Course Type Post Graduation, Under Graduation
Article on Study Materials 2020
Study Material Format PDF

Chapters and Topics

Basic Statistical Concepts

  • Meaning and Scope of Statistics
  • Organizing a Statistical Survey
  • Accuracy, Approximation, and Errors
  • Ratios, Percentages, and Rates

Collection, Classification, and Presentation of Data

  • Collection of Data
  • Classification of Data
  • Tabular Presentation
  • Diagrammatic Presentation
  • Graphic Presentation

Measures of Central Tendency

  • Concept of Central Tendency and Mean
  • Median
  • Mode
  • Geometric, Harmonic and Moving Averages

Measures of Dispersion and Skewness

  • Measures of Dispersion-I
  • Measures of Dispersion-II
  • Measure of Skewness

Business Statistics Study Books

Subject  Download Links 
Elements of Statistics Click Here
Download 
Click Here 

Unit wise PDFs – Elements of Statistics Study Materials

Here we have mentioned the unit wise PDFs of  Elements of Statistics subject. Click on the below link to download it :

Units  Download Links 
Basic Statistical Concepts Download
Collection, Classification, and Presentation of Data Download
Measures of Central Tendency Click Here
Measures of Dispersion and Skewness Download

Subject to the Universities

This subject will be useful to the students of B.Com. The following university students can also download these materials :

  • IGNOU
  • Guru Jambheshwar University
  • JNTU, Anantapur

Subject in the Semesters

Elements of Statistics subject will be studied by the students in the following semesters of their respective courses :

  • MBA 1st Semester
  • B.Com I Semester

Important Questions

We have mentioned some of the important questions on Elements of Statistics subject :

  • Define statistics and discuss the various functions of statistics.
  • What is a statistical survey? Describe the steps to be followed while organizing a statistical survey.
  • Differentiate between the primary and secondary data.
  • What are the different types of errors in statistics? Explain the factors responsible for their occurrence.
  • Explain the meaning and purpose of ratios, percentages and rates.
  • Explain various methods of collecting primary data and also narrate their merits and demerits.
  • Explain the meaning and objectives of classification? Also, discuss the various methods of classification.
  • What is tabulation? What are the objectives of statistical tables?
  • Describe the requisites of a good statistical table?
  • What is visual presentation of data? What are the objectives of visual presentation of data?
  • Describe the rules of graphic presentation of data.
  • Explain the qualities of a good measure of a Central Tendency.
  • Give the properties and limitations of Arithmetic Mean.
  • What is Median? Explain its merits and limitations.
  • Explain the methods of computing median.
  • Compare and contrast between Quartiles, Deciles and Percentiles?
  • What is mode? Explain its limitations and uses as a measure of average.
  • ” Arithmetic Mean, Median, Mode all try to give one main characteristic of the data but in their own way”. Discuss.
  • Compare arithmetic mean, geometric mean and harmonic mean to point out their relative merits and limitations.
  • What is the mean deviation? Review its advantages and disadvantages.
  • What is standard deviation? Explain its superiority over the measures of dispersion.
  • What is the coefficient of variation? What is its role as a measure of variation? How does it differ from variance?
  • Give the absolute and relative measures of skewness.

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