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Content As Per Syllabus

SECTION A: FUNDAMENTALS OF BUSINESS MATHEMATICS 

Module 1 : Arithmetic  1.1 Ratios, Variations and Proportions 1.2 Time Value of Money and Annuity – Simple and Compound Interest 1.3 Arithmetic Progression and Geometric Progression 1.4 Time and Distance

Module 2 : Algebra 2.1 Set Theory, Venn Diagram 2.2 Indices and Logarithms (Basic Concepts) 2.3 Permutation and Combinations (Basic Concepts) 2.4 Quadratic Equation (Basic Concepts)

Module 3 : Calculus – Application in Business 3.1 Concept of Calculus and its Application in Business 3.2 Revenue and Cost Function 3.3 Optimization Techniques (Basic Concepts)

SECTION B: FUNDAMENTALS OF BUSINESS STATISTICS

Module 4 : Statistical Representation of Data 4.1 Diagrammatic Representation of Data 4.2 Frequency Distribution 4.3 Graphical representation of Frequency Distribution – Histogram, Frequency Polygon Curve, Ogive, Pie-chart

Module 5 : Measures of Central Tendency and Dispersion 5.1 Mean, Median, Mode, Mean Deviation 5.2 Range, Quartiles and Quartile Deviation 5.3 Standard Deviation 5.4 Co-efficient of Variation 5.5 Karl Pearson and Bowley’s Co-efficient of Skewness

Module 6 : Correlation and Regression 6.1 Scatter Diagram 6.2 Karl Pearson’s Co-efficient of Correlation 6.3 Regression Analysis

Module 7 : Probability 7.1 Concepts and Terminologies 7.2 Primary applications of Probability Theorems

Module 8 : Index Numbers and Time Series  8.1 Uses of Index Numbers, Methods of Construction of Index Number 8.2 Components of Time Series and Calculation of Trend by Moving Average Method