Assignment: Basics of Statistics (BBA
(25-28)– Semester II)
Instructions:
Attempt all questions.
Show detailed steps for numerical problems.
Use appropriate formulas and interpretations.
MM: 20 marks
Questions:
Q1. (Theory – Unit 1: Introduction to Statistics)
a) Define Statistics and explain its importance in business decision-making.
b) Differentiate between Primary and Secondary Data with suitable examples.
c) Explain the concept of classification and tabulation of data.
Q2. (Theory + Application – Unit 1)
a) What are the different types of graphs and diagrams used in statistics?
b) Construct a frequency distribution table from the following data:
Marks: 12, 18, 25, 30, 22, 15, 28, 35, 40, 18, 22, 25, 30, 20, 27
Q3. (Numerical – Unit 2: Central Tendency)
Class Intervals: 10–20, 20–30, 30–40, 40–50, 50–60
Frequencies: 5, 9, 12, 8, 6
a) Mean (using assumed mean method)
b) Median
c) Mode
Q4. (Numerical – Unit 2: Dispersion)
Values: 5, 7, 10, 12, 15, 18, 20
a) Range
b) Mean Deviation (about mean)
c) Standard Deviation
d) Interpret the variability of the dataset
Q5. (Theory + Concept – Unit 2)
a) What is Coefficient of Variation (CV)? How is it useful in comparing consistency?
b) Explain Skewness and Kurtosis.
c) Differentiate between symmetrical and skewed distributions.
Q6. (Numerical – Unit 3: Correlation & Regression)
X: 10, 12, 15, 18, 20
Y: 25, 28, 35, 40, 45
a) Calculate Karl Pearson’s Coefficient of Correlation
b) Interpret the result
c) Find the regression equation of Y on X
Q7. (Numerical + Theory – Unit 4: Time Series)
a) Explain the components of a time series.
b) Using the moving average method (3-year period), find the trend values:
Year: 2018, 2019, 2020, 2021, 2022
Sales: 100, 120, 130, 150, 170
c) Explain the difference between additive and multiplicative models.