Units
| | 50 Marks
|
| 5. | Role of Statistics in Economic Analysis | 10 Periods |
| | Nature and scope of statistics; Definition of Statistics; Need for empirical and quantitative analysis. | |
| 6. | Collection and organization of Statistical Data | 20 Periods |
| | Primary and secondary data, census and sample methods of data collection (elementary aspects only). | |
| 7. | Presentation of Data | 30 Periods |
| | Tables; Diagrams-bar diagrams, pie diagrams, frequency curves and ogives; Time series. | |
| 8. | Condensation of Data | 40 Periods |
| | Measures of central tendency-mean, median and mode; partition values - quartiles, deciles and percentiles; Measures of dispersion-range, mean deviation, standard deviation, coefficient of variation, skewness and kurtosis; Index Numbers (concepts only). | |
| | Books-Recommended Indian Economics and Elementary Statistics by I.C. Dhingra and D. Raj published by Sultan Chand & Sons. | |