BBAI202

Management Programme

Assignment No. 1
2nd Semester
2020

BBAI202: Principles of Statistics

Shri Vaishnav School of Management

SHRI VAISHNAV VIDHYAPEETH UNIVERSITY
GRAM BAROLI, INDORE

Prepared by AP Ruchi Arya

 Assignment No.1
Course Code : BBAI202
Course Title : PRINCIPLES OF STATISTICS
Assignment Code : BBAI202-POS/01/ALL/SEM - II/2020
Coverage : All Programs

Note: Attempt any 10 questions from Section A and Any 10 questions from Section B and submit
this assignment on 31th March, 2020 via mail at ruchiarya@svvv.edu.in .
Section A # Bujho Toh Jane
Discuss or comment on the following Statements: (6 Marks Zone)
1. ‘Statistics is not a science, it is a Scientific Method.”
2. “You compute Statistics from Statistics by Statistics.” Also Clarify the three meanings of
Statistics.
3. “Statistical Methods are most dangerous tools in the hands of the inexperts.”
4. “There are three degrees of lies- Lies, Damned Lies and Statistics.”
5. “Statistics are like clay of which you can make God or Devil as you Please.”
6. “The science of statistics, then, is the most powerful servant but only of great value to those
who understand its proper use”.
7. “Statistics are like marriage proposals- they should be, but rarely are studied and considered,
very deliberately, upon their all-round merits.”
8. “It is never safe to take published statistics at their face value, without knowing their meaning
and limitations and it is always necessary to criticise arguments that can be used on them.”
(Bowley’s Statement)
9. “A sample may be large yet worthless, because it is not random or it may be random but
unreliable, because it is small.”
10. “In any sample survey, there are many sources of error. A perfect survey is the myth.”
11. “Either for one’s own use or for the use of others, the data must be presented in suitable form.”
12. “Frequency Distribution may either differ in the numerical size of their averages though not
necessary in their formation, or they may have the same values of their averages yet differ in
their respective formation.”
13. “Statistics is a body of methods for making wise decisions in the face of uncertainty.”
14. “Statistics is an important tool in making Business Decisions.”
15. “Statistics is used in everyday by a Human Being.”

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 Section B #Teepology Nahi Chalegi
Answer the following Questions: (12 Marks Zone)
1. Define Statistics. Discuss its types, functions, Scope and Limitations.
2. Write an essay on the Origin and History of Statistics.
3. Explain the Characteristics of Statistics and also discuss its objectives, distrust and causes
of Distrust.
4. Explain the importance of Statistics in the following fields:
a. Political Field
b. Social Field
c. Economic Field
d. Management Field
e. In the field of Science
5. Explain in detail the process of Statistical Investigation and also explain its types and
utility.
6. What do you understand by Collection of Data? What are the different types of data with
their merits and demerits?
or
Describe the various methods of used in collection of Primary Data and Secondary Data.
7. What do you understand by Classification of Data? Explain the types, purpose and methods
of classification of data with suitable example.
8. What do you understand by Editing of Data? Why editing of data is essential in both the
types of Data?
9. What do you understand by Tabulation of Data? Explain the different kind of tables used
for representation of data?
10. What do you understand by presentation of Data? Explain the different types of
presentation of data used in Statistics with their merits and demerits.
11. What do you understand by Statistical Error along with its types? Also explain the causes
of Statistical Errors.
12. Differentiate between Classification and Tabulation.
13. What is Questionnaire? What are the essentials and characteristics of Good Questionnaire?
14. Explain the topic Frequency Distribution in detail.

Prepared by AP Ruchi Arya

 Sample: Way to Answer the Questions:

Q.1 Distinguish between Classification and Tabulation. Explain the structure and
components of a Table with an example. (Asked for 5 marks)

Ans.1:
Classification is a process of arranging things or data in groups or classes according to their
resemblances and affinities. Tabulation follows classification. It is a logical or systematic listing of
related data in rows and columns. The row of a table represents the horizontal arrangement of data
and column represents the vertical arrangement of data. The presentation of data in tables should
be simple, systematic and unambiguous.

Differences Between classification and tabulation

Classification
It is the basis for tabulation
It is the basis for simplification
Data is divided into groups and subgroups on the
basis of similarities and dissimilarities.
Tabulation
It is the basis for further analysis
It is the basis for presentation
Data is listed according to a logical sequence of
related characteristics

The structure and different components of a table are:

1) (Tab 1) Table number: Table number is to identify the table for reference. When there are
many tables in an analysis, then table numbers are helpful in identifying the tables.

2) (Tab 2) Title: Title indicates the scope and the nature of contents in a concise form. In other
words, title of a table gives information about the data contained in the body of the table.
Title should not be lengthy.

3) (Tab 3 & 4) Captions: Captions are the headings and subheadings describing the data
present in the columns.

4) (Tab 5 & 6) Stubs: Stubs are the headings and subheadings of rows.

5) (Tab 7) Body of the table: Body of the table contains numerical information.

6) (Tab 8) Totals: The sub-totals for each separate classification and a general total for all
combined classes should be given at the bottom or right side of the figures whose totals are
taken. Ruling and spacing separate columns and rows. However, totals are separated from
main body by thick lines.

7) (Tab 9) Head note and Foot note: Head note is given below the title of the table and foot
note is given after the table to indicate the units of measurement of the data and is enclosed
in brackets.
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 8) (Tab 10) Source note: Source note indicates the source from which data is taken. The
source note related to table is placed at the bottom on the left-hand corner.

Structure of the Table:

(Table Number) TAB 1
(Title) TAB 2
(Headnote) TAB 9
Columns

Stub Heads TAB 5 Caption Caption Total

TAB 3 TAB 4 TAB 8
Stubs (Entries) ……
TAB 6 -------
Rows
…….. Body
……… TAB 7
……..
……..
Total TAB 8

(Footnote) TAB 9
Source note: TAB 10
Example of the Table:
(Table Number. 1) TAB 1
(Students’ POS Marks) TAB 2
(MARKS IN NUMBERS) TAB 9
Columns

Name TAB 5 MST-1 TAB 3 MST-2 TAB 4 Total Avg

TAB 8
SITA 15 14 14.5
GITA 14 15 14.5
Rows
RAM 14 15 14.5
SHYAM 15 14 14.5
TAB 6
Total TAB 8

(MARKS IN NUMBERS) TAB 9

MST COPIES: TAB 10

Prepared by AP Ruchi Arya

 Submitted by Sita Raghuvanshi
1203DBBA0001100, BBA SECTION A/B/C or BA-Psychology

Prepared by AP Ruchi Arya