19 August Statistics For Business And Management - Presentation Transcript
STATISTICAL ANALYSIS AFTERSCHO☺OL – DEVELOPING CHANGE MAKERS CENTRE FOR SOCIAL ENTREPRENEURSHIP PGPSE PROGRAMME – World’ Most Comprehensive programme in social entrepreneurship & spiritual entrepreneurship OPEN FOR ALL FREE FOR ALL
STATISTICAL ANALYSIS Dr. T.K. Jain. AFTERSCHO☺OL Centre for social entrepreneurship Bikaner M: 9414430763 [email_address] www.afterschool.tk www.afterschoool.tk
CALCULATE MEAN DEVIATION FROM THE FOLLOWIND DATA? 49 39 35 28 24 23 X
SOLUTION . .
Step 1. prepare average of the numbers
Step 2: find Dx or deviation of each number from the mean. (ignore plus or minus signs)
Check the excel notes for this and final answer is 8.7 answer.
Find MEDIAN from the following data? (see excel table).
Use the following formulae to find MEDIAN:
1. SUM UP ALL THE FREQUENCY. IT IS 50.
DIVIDE 50 BY 2 = 25.
FIND OUT WHERE IS 25. 25 LIES IN THE GROUP 60 TO 70.
NOW APPLY FORMULAE . .
SOLUTION . . .
L + (N/2) – p1/ (t-p1) *c
=L = THE LOWER LIMIT OF CLASS.
N = TOTAL FREQUENCY
P1 = TOTAL OF PREVIOUS FREQUENCY SET
T = TOTAL OF MEDIAN CLASS
C = GAP IN THE MEDIAN CLASS.
SOLUTION . . .
L = 60
N = 50 (TOTAL FREQUENCY)
P1 = 20 (TOTAL UPTO LESS THAN 60)
T = 40 (TOTAL UPTO LESS THAN 70)
C = (70 – 60) = 10 (gap of median class)
=60 + (25-20) / (40-20) *10
60 + 2.5
=62.5 ANSWER.
Solution table : 50 75 10 70 -80 50 less than 80 65 20 60-70 40 less than 70 55 12 50 - 60 20 less than 60 45 8 40-50 8 Less than 50 mid f range Fry X
Branches
AFTERSCHO☺OL will shortly open its branches in important cities in India including Delhi, Kota, Mumbai, Gurgaon and other important cities. Afterschooolians will be responsible for managing and developing these branches – and for promoting social entrepreneurs.
Case Studies
We want to write case studies on social entrepreneurs, first generation entrepreneurs, ethical entrepreneurs. Please help us in this process. Help us to be in touch with entrepreneurs, so that we may develop entrepreneurs.
Basic values at afterschoool
Share to learn more
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Fear is your worst enemy
Make mistakes to learn
Study & discuss in a group
Criticism is the healthy route to mutual support and help
Ask fundamental questions : why, when, how & where?
Embrace change – and compete with yourself only
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