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BCOC 134 Business Mathematics and Statistics | IN-DEPTH STUDY GUIDE for IGNOU

BCOC 134 Business Mathematics and Statistics | IN-DEPTH STUDY GUIDE for IGNOU

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BCOC 134 equips students with mathematical and statistical tools essential for business analysis and decision-making, covering topics such as algebra, calculus, probability, and data analysis.
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  • Mathematical Foundations: Understanding fundamental mathematical concepts such as algebra, calculus, and linear equations.
  • Statistical Analysis: Learning statistical techniques for data collection, analysis, and interpretation.
  • Probability Theory: Exploring probability distributions and their applications in business decision-making.
  • Business Applications: Applying mathematical and statistical techniques to solve real-world business problems.
Category : BACHELOR‘S DEGREE PROGRAMMES
Sub Category : Bachelor of Commerce (BCOMG)
Products Code : BCOMG-C-3.02
HSN Code : 490110
Language : English
Author : BMAP EDUSERVICES PVT LTD
Publisher : BMAP EDUSERVICES PVT LTD
University : IGNOU (Indira Gandhi National Open University)
Pages : 300
Weight : 199 GM
Dimensions : 21.0 x 29.7 cm (A4 Size Pages)



Details

 BCOC 134 Business Mathematics and Statistics provides students with the mathematical and statistical skills necessary for business analysis and decision-making. The course begins with an overview of fundamental mathematical concepts, including algebraic operations, linear equations, and calculus. Students will then learn statistical techniques for data collection, analysis, and interpretation, including descriptive statistics, probability distributions, hypothesis testing, and regression analysis. The course also covers probability theory, including probability distributions such as binomial, normal, and exponential distributions, and their applications in business decision-making. Additionally, students will learn how to apply mathematical and statistical techniques to solve real-world business problems, including forecasting, inventory management, financial analysis, and risk assessment. Through hands-on exercises, case studies, and practical applications, students will develop the analytical and problem-solving skills necessary to address business challenges effectively.

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