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KARNATAKA STATE OPEN UNIVERSITY
MUKTHA GANGOTHRI, MYSORE -570 006
DEPARTMENT OF STUDIES AND RESEARCH IN MANAGEMENT
MBA I-SEMESTER SEMINAR TOPICS – 2021
PREPARE SEMINAR PAPER ON ANY ONE OF THE TOPIC PER COURSE
C-05 STATISTICS AND OPTIMIZATION TECHNIQUES
1. Role of Statistics in Economic Indicators
OR
2. Software Approach for Statistical Analysis.
2. Software Approach for Statistical Analysis.
Introduction
The development of principles, de!nitions, classi!cations and methods that can be used to generate statistical information that explains the state of and trends in economic phenomena, both in time and space, is one of the key functions of economic statistics. This data is then used to evaluate the behaviour of economic operators, to model possible economic movements as a whole, to make economic policy and business decisions, to weigh the pros and cons of alternative investments, etc.
Still, numbers or, more specifically, statistical approaches, are commonly used in nearly all phases of human life.
It dealt with state relations in ancient times, such as the gathering of information (or data) on the people and property or wealth of the state, in order to sub-serve the rulers’ political purposes. Today, its reach has extended to numerous fields, such
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