B Com Exam > B Com Notes > Business Mathematics and Statistics > Construction of statistical tables, Business Mathematics & Statistics
Construction of statistical tables, Business Mathematics & Statistics | Business Mathematics and Statistics - B Com PDF Download
Construction of a Statistical Table
A statistical table has at least four major parts and some other minor parts.
(1) The Title
(2) The Box Head (column captions)
(3) The Stub (row captions)
(4) The Body
(5) Prefatory Notes
(6) Foot Notes
(7) Source Notes
The general sketch of table indicating its necessary parts is shown below:
(1) The Title
The title is the main heading written in capitals shown at the top of the table. It must explain the contents of the table and throw light on the table, as whole different parts of the heading can be separated by commas. There are no full stops in the little.
(2) The Box Head (column captions)
The vertical heading and subheading of the column are called columns captions. The spaces where these column headings are written is called the box head. Only the first letter of the box head is in capital letters and the remaining words must be written in lowercase.
(3) The Stub (row captions)
The horizontal headings and sub heading of the row are called row captions and the space where these rows headings are written is called the stub.
(4) The Body
This is the main part of the table which contains the numerical information classified with respect to row and column captions.
(5) Prefatory Notes
A statement given below the title and enclosed in brackets usually describes the units of measurement and is called the prefatory notes.
(6) Foot Notes
These appear immediately below the body of the table providing additional explanation.
(7) Source Notes
The source notes are given at the end of the table indicating the source the information has been taken from. It includes the information about compiling agency, publication, etc.
General Rules of Tabulation
A table should be simple and attractive. There should be no need of further explanation (details). Proper and clear headings for columns and rows are necessary. Suitable approximation may be adopted and figures may be rounded off. The unit of measurement should be well defined. If the observations are large in numbers they can be broken into two or three tables. Thick lines should be used to separate the data under big classes and thin lines to separate the sub classes of data.
The document Construction of statistical tables, Business Mathematics & Statistics | Business Mathematics and Statistics - B Com is a part of the B Com Course Business Mathematics and Statistics.
All you need of B Com at this link: B Com
|
115 videos|142 docs
|
FAQs on Construction of statistical tables, Business Mathematics & Statistics - Business Mathematics and Statistics - B Com
| 1. What is the purpose of constructing statistical tables in business mathematics and statistics? |  |
Ans. Statistical tables are constructed to present and organize data in a systematic manner, making it easier to analyze and interpret. These tables provide a concise summary of data, allowing businesses to make informed decisions based on the information provided.
| 2. How are statistical tables used in business mathematics and statistics? | |
Ans. Statistical tables are used in business mathematics and statistics to calculate various statistical measures such as mean, median, mode, standard deviation, correlation, and regression analysis. These tables also assist in conducting hypothesis tests, determining probabilities, and making predictions based on historical data.
| 3. What types of statistical tables are commonly used in business mathematics and statistics? | |
Ans. Commonly used statistical tables in business mathematics and statistics include probability distribution tables (e.g., z-table, t-table, chi-square table), cumulative frequency distribution tables, percentiles and quartiles tables, and correlation coefficient tables. These tables provide critical values and probabilities necessary for statistical analysis.
| 4. How do statistical tables help in decision-making in business? | |
Ans. Statistical tables play a vital role in decision-making by providing business owners and managers with relevant statistical information. These tables help identify patterns, trends, and relationships in data, enabling businesses to make data-driven decisions. For example, statistical tables can be used to analyze sales data and determine which products are performing well or to evaluate the effectiveness of marketing campaigns.
| 5. Are statistical tables still relevant in the digital age of advanced data analysis software? | |
Ans. Yes, statistical tables are still relevant in the digital age, despite the availability of advanced data analysis software. Statistical tables provide a quick reference and readily available source of critical values and probabilities. They are often used in conjunction with data analysis software to verify results or to access information when data analysis software is not readily available. Moreover, statistical tables can be used as a learning tool to understand the underlying concepts and principles of statistical analysis.
Related Exams
About this Document
|
4.60/5 Rating |
|
Dec 19, 2024 Last updated |
Document Description: Construction of statistical tables, Business Mathematics & Statistics for B Com 2024 is part of Business Mathematics and Statistics preparation.
The notes and questions for Construction of statistical tables, Business Mathematics & Statistics have been prepared according to the B Com exam syllabus. Information about Construction of statistical tables, Business Mathematics & Statistics covers topics
like Construction of a Statistical Table, (1) The Title, (2) The Box Head (column captions), (3) The Stub (row captions), (4) The Body, (5) Prefatory Notes , (7) Source Notes, General Rules of Tabulation and Construction of statistical tables, Business Mathematics & Statistics Example, for B Com 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises and tests below for Construction of statistical tables, Business Mathematics & Statistics.
Introduction of Construction of statistical tables, Business Mathematics & Statistics in English is available as part of our Business Mathematics and Statistics
for B Com & Construction of statistical tables, Business Mathematics & Statistics in Hindi for Business Mathematics and Statistics course.
Download more important topics related with notes, lectures and mock test series for B Com
Exam by signing up for free. B Com: Construction of statistical tables, Business Mathematics & Statistics | Business Mathematics and Statistics - B Com
Description
Full syllabus notes, lecture & questions for Construction of statistical tables, Business Mathematics & Statistics | Business Mathematics and Statistics - B Com - B Com | Plus excerises question with solution to help you revise complete syllabus for Business Mathematics and Statistics | Best notes, free PDF download
Information about Construction of statistical tables, Business Mathematics & Statistics
In this doc you can find the meaning of Construction of statistical tables, Business Mathematics & Statistics defined & explained in the simplest way possible. Besides explaining types of
Construction of statistical tables, Business Mathematics & Statistics theory, EduRev gives you an ample number of questions to practice Construction of statistical tables, Business Mathematics & Statistics tests, examples and also practice B Com
tests
|
Explore Courses for B Com exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
Related Searches
Sample Paper
,Objective type Questions
,Construction of statistical tables
,Viva Questions
,practice quizzes
,Construction of statistical tables
,Free
,ppt
,Construction of statistical tables
,Previous Year Questions with Solutions
,Business Mathematics & Statistics | Business Mathematics and Statistics - B Com
,Extra Questions
,Business Mathematics & Statistics | Business Mathematics and Statistics - B Com
,video lectures
,shortcuts and tricks
,Exam
,Summary
,Business Mathematics & Statistics | Business Mathematics and Statistics - B Com
,study material
,past year papers
,Important questions
,Semester Notes
,mock tests for examination
,MCQs
;
Additional Information about Construction of statistical tables, Business Mathematics & Statistics for B Com Preparation
Construction of statistical tables, Business Mathematics & Statistics Free PDF Download
The Construction of statistical tables, Business Mathematics & Statistics is an invaluable resource that delves deep into the core of the B Com exam.
These study notes are curated by experts and cover all the essential topics and concepts, making your preparation more efficient and effective.
With the help of these notes, you can grasp complex subjects quickly, revise important points easily,
and reinforce your understanding of key concepts. The study notes are presented in a concise and easy-to-understand manner,
allowing you to optimize your learning process. Whether you're looking for best-recommended books, sample papers, study material,
or toppers' notes, this PDF has got you covered. Download the Construction of statistical tables, Business Mathematics & Statistics now and kickstart your journey towards success in the B Com exam.
Importance of Construction of statistical tables, Business Mathematics & Statistics
The importance of Construction of statistical tables, Business Mathematics & Statistics cannot be overstated, especially for B Com aspirants.
This document holds the key to success in the B Com exam.
It offers a detailed understanding of the concept, providing invaluable insights into the topic.
By knowing the concepts well in advance, students can plan their preparation effectively.
Utilize this indispensable guide for a well-rounded preparation and achieve your desired results.
Construction of statistical tables, Business Mathematics & Statistics Notes
Construction of statistical tables, Business Mathematics & Statistics Notes offer in-depth insights into the specific topic to help you master it with ease.
This comprehensive document covers all aspects related to Construction of statistical tables, Business Mathematics & Statistics.
It includes detailed information about the exam syllabus, recommended books, and study materials for a well-rounded preparation.
Practice papers and question papers enable you to assess your progress effectively.
Additionally, the paper analysis provides valuable tips for tackling the exam strategically.
Access to Toppers' notes gives you an edge in understanding complex concepts.
Whether you're a beginner or aiming for advanced proficiency, Construction of statistical tables, Business Mathematics & Statistics Notes on EduRev are your ultimate resource for success.
Construction of statistical tables, Business Mathematics & Statistics B Com Questions
The "Construction of statistical tables, Business Mathematics & Statistics B Com Questions" guide is a valuable resource for all aspiring students preparing for the
B Com exam. It focuses on providing a wide range of practice questions to help students gauge
their understanding of the exam topics. These questions cover the entire syllabus, ensuring comprehensive preparation.
The guide includes previous years' question papers for students to familiarize themselves with the exam's format and difficulty level.
Additionally, it offers subject-specific question banks, allowing students to focus on weak areas and improve their performance.
Study Construction of statistical tables, Business Mathematics & Statistics on the App
Students of B Com can study Construction of statistical tables, Business Mathematics & Statistics alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the Construction of statistical tables, Business Mathematics & Statistics,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of Construction of statistical tables, Business Mathematics & Statistics is prepared as per the latest B Com syllabus.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup