Applied Statistics

Paper Code: 
STT 402
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

This paper is focused on the study of Vital statistics, Index numbers, demand analysis and time series .Vital Statistic deals with laws of human mortality, morbidity and fertility. Role of index number is in formulation of executive decisions. Time series analysis we will study about different trends and various methods useful in the determination of trends.

10.00
Unit I: 
Vital Statistics - I

Meaning, definition and utility. Sources of demographic data- census, registration. Indices of mortality. Measurement of mortality, crude death rate and standardization death rates. Indices of fertility, Measurement of fertility – crude birth rate, general fertility rate.Age- specific fertility rate, total fertility rate. Gross and Net Reproduction Rates.

8.00
Unit II: 
Vital Statistics - II

Stationary and stable population, concept and determination of the rate of increase in a stable population. Life table: Construction of life table from graduated rates of mortality and evaluation of probabilities of survival and death from a life table.

8.00
Unit III: 
Demand Analysis

Demand and supply, law of demand and supply. Elasticity of demand: Price, Income and Cross elasticity. Engel’s curve and Engel’s law, Pareto’s law of income.

10.00
Unit IV: 
Index Number – I

Meaning and uses of index numbers, problem in the construction of index numbers, price relatives, quantity and value relatives. Fixed base and chain base index numbers, use of averages. Weighted and unweighted index numbers- Laspeyers, Paasche’s, Marshall-Edgeworth and Fisher’s ideal index numbers, Dorbish , Kelly’s fixed base index numbers. Test for index numbers. Base shifting, splicing and deflating. Consumer Price Index numbers, Construction of cost of living index and Whole-sale price index.

9.00
Unit V: 
Time Series Analysis

Definition and its different components, additive and multiplicative models. Different methods of determining trend and seasonal fluctuations, their merits and demerits.

Essential Readings: 

1. Goon, A.M., Gupta, M.K. and Dasgupta, B. (1991): Fundamentals of Statistics, Volume II, The World Press Pvt Ltd, Calcutta

2. Gupta, S.C. and Kapoor, V.K.: Fundamentals of Applied Statistics, S Chand & Company, New Delhi

References: 

1. Croxton, F.E. and Cowden, D.J. (1969): Applied General Statistics, Prentice Hall Of India

2. Srivastava, O.S.: A Textbook of Demography, Vikas Publishing.

3. Gupta, O.P.:Mathematical Statistics, Kedarnath Publication, Meerut

4. Shrinivasan, K. and Srinivasan, K.: Basic Demographic Techniques and Applications.

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