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Business statistics
INTRODUCTION
MADE BY : BHUPINDER KAUR
S.D.COLLEGE AMBALA CANTT
ORIGIN OF STATISTICS
origin Latin word =status
Italian word = statista political
German word =statistik state
Need :
Business statistics  introduction
To know the young men in
country that can be recruited in
the army
To calculate the amount of land
revenue that can be collected
Meaning of statistics
Plural sense Singular sense
income , production,
expenditure, population,
prices etc,.
Singular sense
• Statistical methods
• Collection of data
• Classification of data
• Presenting data
• Analysing data
• Interpretation
Definitions
Plural sense Singular sense
• Statistics are numerical
statements of facts in any
department of enquiry
placed in relation to each
other.
-bowley
• Statistics may be defined
as the collection,
presentation, analysis
and interpretation of
numerical data.
• - croxton and
cowden
Features of statistics
• Aggregate of facts
• Numerically expressed
• Affected by multiplicity of causes
• Reasonable accuracy
• Placed in relation to each other
• Pre determined purpose
• Enumerated or estimated
• Collected in systematic manner
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Business statistics introduction

  • 1. Business statistics INTRODUCTION MADE BY : BHUPINDER KAUR S.D.COLLEGE AMBALA CANTT
  • 2. ORIGIN OF STATISTICS origin Latin word =status Italian word = statista political German word =statistik state Need :
  • 4. To know the young men in country that can be recruited in the army To calculate the amount of land revenue that can be collected
  • 5. Meaning of statistics Plural sense Singular sense income , production, expenditure, population, prices etc,.
  • 6. Singular sense • Statistical methods • Collection of data • Classification of data • Presenting data • Analysing data • Interpretation
  • 7. Definitions Plural sense Singular sense • Statistics are numerical statements of facts in any department of enquiry placed in relation to each other. -bowley • Statistics may be defined as the collection, presentation, analysis and interpretation of numerical data. • - croxton and cowden
  • 8. Features of statistics • Aggregate of facts • Numerically expressed • Affected by multiplicity of causes • Reasonable accuracy • Placed in relation to each other • Pre determined purpose • Enumerated or estimated • Collected in systematic manner