An easy-to-follow course covering the entire syllabus of 11th Commerce Accounts!
Practical Subjects: Accounts (Part 1 & 2) and Statistics at your fingertips!
This course brings to you all 9 chapters of 11th Commerce Statistics under one roof!
After covering the Basics of Accounts, we now move on to some more important concepts of Accounts.
Elements of Accounts (Part 1) is the perfect place to start learning Accounts!
"Statistics is the science which deals with the collection, analysis, and interpretation of numerical data."
Statistics are measurements or estimates of natural or social phenomenon, usually systematically arranged, analysed and presented.
"Statistics may rightly be called a science of averages." - Sir A.L. Bowley
Uncontrolled variation is the enemy of quality . - Edward Deming
"Measures of skewness indicates the tendency of the group to depart from symmetry." - Connor
'Functions' refers to relationship that exists between the elements of two different sets.
Small traders do not maintain complete accounts as in double entry system. Instead they keep accounts or books with incomplete records.
