### HRV/U1 Topic 7 Right against Exploitation

The Rights against Exploitation is provided under Articles 23 and 24 of the Constitution of India. Right to personal liberty is never real if some people are exposed to exploitation by […]

### HRV/U1 Topic 8 Cultural and Educational Rights, Economic Rights

Cultural and Educational Rights The democracy is based upon the wishes of the majority. In this system, the right and interest of the minorities need to be protected by developing […]

### HRV/U1 Topic 9 Political Rights and Social Rights

Political Rights: Right to Vote: In a democratic state, every adult citizen is given the right to vote. By the use of this right, citizens elect the government of their […]

### BS/U4 Topic 1 Index Number and their uses in Business

Index numbers possess much practical importance in measuring changes in the cost of living, production trends, trade, income variations, etc. In Measuring Changes in the Value of Money: Index numbers […]

### BS/U4 Topic 2 Construction of Simple and Weighed Price

There are different ways of construction of index numbers. In general, construction of index number is further available for the division in two parts: Simple and Weighted. Furthermore, the simple […]

### BS/U4 Topic 3 Quality and Value index numbers

There are certain variables that we cannot count or quantify in absolute terms. To measure such variables we use specialized averages known as index numbers. There are three main types […]

### BS/U4 Topic 4 Test for an ideal index number

There are certain tests which are put to verify the consistency, or adequacy of an index number formula from different points of view. The most popular among these are the […]

### BS/U4 Topic 7 Method of estimating seasonal indices

The measures of seasonal variations are called seasonal indices which are expressed either in terms of absolute values viz : S = Y – (T + C + I) under […]

### BS/U4 Topic 6 Method of estimating Secular Trend

The chief characteristics of a secular trend may be analysed as under. (i) It is either upward or downward. The secular trend of a series is generally either upward or downward […]

### BS/U4 Topic 8 Use of Time Series in Business Forecasting and its Limitations

Analysis of time series has a lot of utilities for the various fields of human interest viz: business, economics, sociology, politics, administration etc. It is, also, found very useful in […]

### BS/U4 Topic 9 Calculating Growth Rate in Time Series

By a time series we mean a series of value of a variable, the values of which vary according to the passage of time. In such type of variables, the […]

### BS/U3 Topic 1 Meaning of Correlation

Correlation, in the finance and investment industries, is a statistic that measures the degree to which two securities move in relation to each other. Correlations are used in advanced portfolio […]

### BS/U3 Topic 2 Positive and Negative Correlation

Correlation can be defined as a statistical tool that defines the relationship between two variables. For, eg: correlation may be used to define the relationship between the price of a […]

### BS/U3 Topic 3 Simple, Partial and Multiple Correlation

Simple, Partial and Multiple Correlation: Whether the correlation is simple, partial or multiple depends on the number of variables studied. The correlation is said to be simple when only two variables are studied. […]

### BS/U3 Topic 4 Methods of Studying Correlation

The Correlation is a statistical tool used to measure the relationship between two or more variables, i.e. the degree to which the variables are associated with each other, such that the change […]

### BS/U3 Topic 5 Scatter Diagram

The Scatter Diagram Method is the simplest method to study the correlation between two variables wherein the values for each pair of a variable is plotted on a graph in the form […]