GUJARAT UNIVERSITY

Syllabus for Bachelor of BusinessAdministration

(Honours) Semester-III

Inter Disciplinary/Multi Disciplinary Specific Course

(ID/MD)

Based on National Education Policy – 2020

As per NEP 2020 CURRICULUM AND CREDIT FRAMEWORK

FOR UNDERGRADUATE PROGRAMMES, UGC

To be Effective from Academic Year 2024-25

BBA (Honours) SEMESTER – III

 GUJARAT UNIVERSITY
B. B. A. (Hons.)
SEMESTER – III
Inter Disciplinary/Multi Disciplinary Specific Course (ID/MD)
Subject Name: Business Statistics
Course Code: MDC - 234
Credit Mark Distribution – 04
(As per NEP 2020)

COURSE OBJECTIVES:

The Student will understand the basic Statistical concepts and terminology involved in
statistics, linear correlation, linear regression and time series. The course focuses on how to
interpret statistical, how to evaluate it and estimate it and to develop simple statistical models
from a business perspective.

PRE – REQUISITE:

To study basic statistics, correlation, regression, and time series, one should have a
foundational understanding of algebra and arithmetic.
Students must have a critical thinking mindset to understand data.

CO-REQUISITE:
While studying basic statistics, correlation, regression, and time series, it is beneficial
to study linear algebra and calculus to understand the mathematical underpinnings of
these concepts.
Engaging in real-world data analysis projects can enhance learning by providing
practical experience.

COURSE OUTCOMES:

After learning basic statistics, correlation, regression, and time series, students will be
able to analyze and interpret data effectively.
They will gain the skills to identify relationships between variables, predict outcomes
using regression models, and understand patterns over time through time series
analysis.
These competencies are essential for making informed decisions based on data in
various fields such as business, economics, and social sciences

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UNIT CONTENT WEIGHTA
GE
1 Introduction to Statistics
• Introduction to Statistics
• Definition and Scope of Statistics
• Limitation of Statistics
• Types of Data
• Primary data and Secondary data
• Tools of Statistics
Measures of Central Tendency
Mean 25%
Median
Mode
Measures of Dispersion
Range
Quartiles
Quartile Deviation,
Mean Deviation
Variance
Skewness
2 Linear Correlation and Multiple-Partial Correlation
Linear Correlation
Meaning
Importance of correlation
Correlation Coefficient
Types of Correlation
Scatter Diagram Method and its limitations
Karl Pearson’s Product Moment Method: Assumptions, 25%
Merits and Demerits
Spearman’s Rank Correlation and its uses
Coefficient of Determination and its interpretation
Probable Error
Introduction to Multiple and Partial correlation
Multiple and Partial correlation: meaning, multiple and Partial
correlation coefficients
3 Linear Regression and Multiple-Partial Regression
• Meaning and importance of regression
• Regression Lines and Regression Coefficients, properties and their
uses
• Equations of Regression Lines 25%
• Difference between Regression & Correlation
• Introduction to Multiple and Partial Regression
• Multiple Regression Equations for three variables.

4 Time Series
• Meaning of Time Series
• Utility of Time Series 25%
• Analysis of Time Series

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 • Components of Time Series (Long Term Variation, Seasonal
Variation, Cyclical Variation, Irregular Variation)
• Methods of determining Trend (Graphical Method, Method of
Moving Average, Method of Least Squares with Merits and
Limitations)
• Method of determining seasonal variations
• Method of seasonal Indices

PEDAGOGICAL TOOLS:
Classroom Lecture
Problem Solving
Tutorial
Group Discussion
Seminar

MODE OF EVALUATION
Evaluation will be divided in two parts.
External: Semester End Examination will be conducted by the Gujarat University of
50 Marks
Internal: Internal Evaluation of 50 marks will be decided by the Colleges / Institutes /
University departments as per the instruction given by the University time
to time.

FBLD (Flip Blended Learning Design Template)

• Any One Unit from the above syllabus can be discussed by the faculty through online
mode.
• Online mode can be SWAYAM MOOC Course or any other suggested by the UGC or
Gujarat University.

REFERENCE BOOKS:

1. Fundamental Mathematical Statistics By S. C. Gupta & V. K. Kapoor

2. Statistical Methods By S. P. Gupta
3. Statistical Methods By P. N. Arora, Sumeet Arora & S. Arora
4. Business Statistics By J. K. Sharma
5. Statistics for Management by Levin & Rubin
6. Statistics for Business and Economics By Anderson, Sweeney & Williams

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