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I B-com. unit -v. index Number

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                                               Unit- V                   Index Number Definition [Index Number] Index numbers are devices for measuring differences in the magnitude of a group of related variables. CHARACTERSTICS OF INDEX NUMBERS The following points are worth considering: 1. Index number are specialized averages 2. Index number are expressed in percentages 3. Index number measure changes not capable of direct measurement 4. Index number are for comparison 1. Index number are specialized averages: Normally, average can be used to compare only those variables which are expressed in the same units. But index numbers helps in comparing the changes in variables which are in different units. 2. Index number are expressed in percentages: Index numbers are expressed in terms of percentages so as to sho...

l B.com sets

                           I B.com                                           SETS UNIT-1                   SYLLABUS: Set Theory: Types of Sets- Set Operations- Laws and Properties of Sets- De-Morgan’s laws- Applications to business and economic problems. Definition[set] A set is a collection of well defined objects. The objects can be anything –people, alphabets, numerals, etc. the objects are known as elements  or members of the set. Notations: Sets are denoted by Capital letters, A, B, C, D… The elements are denoted by small letters a, b, c, d…. Methods of Description of sets : There are two method by which a set is described. They are: 1. Tabulation Method (Roster Method) 2. Set Builder Method (The Rule Method) Definition[Tabulation Method] This is ...