Statistical Analysis AFTERSCHOOOL – 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. AFTERSCHOOOL Centre for social entrepreneurship Bikaner M: 9414430763 [email_address] www.afterschool.tk www.afterschoool.tk

What is the covariance and correlation of the two series of X and Y as under: 2 6 4 4 9 3 7 2

Solution. . . Calculate their averages. Find the differences of each of the values from the mean (called deviations or Dx and Dy). Now find the product of these differences. Now find the average of these differences. We get -3.375 and correlation is -.85 as the answer.

Calculate their averages.

Find the differences of each of the values from the mean (called deviations or Dx and Dy). Now find the product of these differences. Now find the average of these differences.

We get -3.375 and correlation is -.85 as the answer.

Find the covariance and correlation of the two series as under: 5 3 3 2 23 12 9 4

Solution . . Calculate averages Find Dx and Dy Find standard deviations by taking square root of sum of squares of Dx and Dy. Find covariance Divide covariance by product of standard deviations to get correlation. Covariance is 30.75 and correlation is .994 answer.

Calculate averages

Find Dx and Dy

Find standard deviations by taking square root of sum of squares of Dx and Dy.

Find covariance

Divide covariance by product of standard deviations to get correlation. Covariance is 30.75 and correlation is .994 answer.

My material cost 80, labour cost 40, fixed epxenses 20, Dep. 10 Selling price = 200 , sellling exp = 10. (80% variable) (all per unit). Production = 15000, sales 14000, stock = 3 month, WIP = nil, Debtors = 1 month, creditors = 2 month, other creditors = 1 month, Cash balance = 20000. Prepare my projected p/l statement, how much WCTL should I take? Capacity = 24000. Solution on next page . . .

Solution on next page . . .

Solution . . .prepare cost sheet (all figures in thousands). Material cost = 80 * 15 = 1200 Labour cost = 40 * 15 = 600 Fixed exp = 20 *24 = 480 Depreciation=10 * 24 = 240 Total cost of production =2520 Less closing stock finished goods: (1/15 *2520) = 168 Cost of goods sold =2352 Add: selling exp = Variable selling exp. 8*15 = 120 Fixed selling exp = 2*24 = 48 Total cost of sales = 2520 Sales = 200 *14 = 2800 Profit (sales – cost) = 2800 – 2520 = 280 answer.

Material cost = 80 * 15 = 1200

Labour cost = 40 * 15 = 600

Fixed exp = 20 *24 = 480

Depreciation=10 * 24 = 240

Total cost of production =2520

Less closing stock finished goods: (1/15 *2520) = 168

Cost of goods sold =2352

Add: selling exp =

Variable selling exp. 8*15 = 120

Fixed selling exp = 2*24 = 48

Total cost of sales = 2520

Sales = 200 *14 = 2800

Profit (sales – cost) = 2800 – 2520 = 280 answer.

ABOUT AFTERSCHOOOL Afterschoool conducts three year integrated PGPSE (after class 12 th along with IAS / CA / CS ) and 18 month PGPSE (Post Graduate Programme in Social Entrepreneurship) along with preparation for CS / CFP / CFA /CMA / FRM . This course is also available online also. It also conducts workshops on social entrepreneurship in schools and colleges all over India – start social entrepreneurship club in your institution today with the help from afterschoool and help us in developing society.

Afterschoool conducts three year integrated PGPSE (after class 12 th along with IAS / CA / CS ) and 18 month PGPSE (Post Graduate Programme in Social Entrepreneurship) along with preparation for CS / CFP / CFA /CMA / FRM . This course is also available online also. It also conducts workshops on social entrepreneurship in schools and colleges all over India – start social entrepreneurship club in your institution today with the help from afterschoool and help us in developing society.

Why such a programme? To promote people to take up entrepreneurship and help develop the society To enable people to take up franchising and other such options to start a business / social development project To enable people to take up social development as their mission To enable people to promote spirituality and positive thinking in the world

To promote people to take up entrepreneurship and help develop the society

To enable people to take up franchising and other such options to start a business / social development project

To enable people to take up social development as their mission

To enable people to promote spirituality and positive thinking in the world

Who are our supporters? Afterschoolians, our past beneficiaries, entrepreneurs and social entrepreneurs are supporting us. You can also support us – not necessarily by money – but by being promotor of our concept and our ideas.

Afterschoolians, our past beneficiaries, entrepreneurs and social entrepreneurs are supporting us.

You can also support us – not necessarily by money – but by being promotor of our concept and our ideas.

About AFTERSCHOOOL PGPSE – the best programme for developing great entrepreneurs Most flexible, adaptive but rigorous programme Available in distance learning mode Case study focused- latest cases Industry oriented practical curriculum Designed to make you entrepreneurs – not just an employee Option to take up part time job – so earn while you learn The only absolutely free course on internet

Most flexible, adaptive but rigorous programme

Available in distance learning mode

Case study focused- latest cases

Industry oriented practical curriculum

Designed to make you entrepreneurs – not just an employee

Option to take up part time job – so earn while you learn

The only absolutely free course on internet

Workshops from AFTERSCHOOOL IIF, Delhi CIPS, Jaipur ICSI Hyderabad Branch Gyan Vihar, Jaipur Apex Institute of Management, Jaipur Aravali Institute of Management, Jodhpur Xavier Institute of Management, Bhubaneshwar Pacific Institute, Udaipur Engineering College, Hyderabad

IIF, Delhi

CIPS, Jaipur

ICSI Hyderabad Branch

Gyan Vihar, Jaipur

Apex Institute of Management, Jaipur

Aravali Institute of Management, Jodhpur

Xavier Institute of Management, Bhubaneshwar

Pacific Institute, Udaipur

Engineering College, Hyderabad

Flexible Specialisations: Spiritualising business and society Rural development and transformation HRD and Education, Social Development NGO and voluntary work Investment analysis,microfinance and inclusion Retail sector, BPO, KPO Accounting & Information system (with CA / CS /CMA) Hospital management and Health care Hospitality sector and culture and heritage Other sectors of high growth, high technology and social relevance

Spiritualising business and society

Rural development and transformation

HRD and Education, Social Development

NGO and voluntary work

Investment analysis,microfinance and inclusion

Retail sector, BPO, KPO

Accounting & Information system (with CA / CS /CMA)

Hospital management and Health care

Hospitality sector and culture and heritage

Other sectors of high growth, high technology and social relevance

Salient features: The only programme of its kind (in the whole world) No publicity and low profile course For those who want to achieve success in life – not just a degree Indepth knowledge and expertise Professional approac: World class approach Strong intellectual and business capabilities Flexible – you may stay for a month and continue the rest of the education by distance mode. / you may attend weekend classes Scholarships for those from poor economic background Latest and constantly changing curriculum – keeping pace with the time Placement for those who are interested Admissions open throughout the year Latest and most advanced technologies, books and study material

The only programme of its kind (in the whole world)

No publicity and low profile course

For those who want to achieve success in life – not just a degree

Indepth knowledge and expertise

Professional approac: World class approach

Strong intellectual and business capabilities

Flexible – you may stay for a month and continue the rest of the education by distance mode. / you may attend weekend classes

Scholarships for those from poor economic background

Latest and constantly changing curriculum – keeping pace with the time

Placement for those who are interested

Admissions open throughout the year

Latest and most advanced technologies, books and study material

Components Pedagogy curriculum and approach based on IIM Ahmedabad and ISB Hyderabad (the founder is alumnus from IIMA & ISB Hyderabad) Meditation, spiritualisation, and self development Essential softwares for business Business plan, Research projects Participation in conferences / seminars Workshops on leadership, team building etc. Written submissions of research projects/articles / papers Interview of entrepreneurs, writing biographies of entrepreneurs Editing of journals / newsletters Consultancy / research projects Assignments, communication skill workshops Participation in conferences and seminars Group discussions, mock interviews, self development diaryng Mind Power Training & writing workshop (by Dr. T.K.Jain)

Pedagogy curriculum and approach based on IIM Ahmedabad and ISB Hyderabad (the founder is alumnus from IIMA & ISB Hyderabad)

Meditation, spiritualisation, and self development

Essential softwares for business

Business plan, Research projects

Participation in conferences / seminars

Workshops on leadership, team building etc.

Written submissions of research projects/articles / papers

Interview of entrepreneurs, writing biographies of entrepreneurs

Editing of journals / newsletters

Consultancy / research projects

Assignments, communication skill workshops

Participation in conferences and seminars

Group discussions, mock interviews, self development diaryng

Mind Power Training & writing workshop (by Dr. T.K.Jain)

Pedagogy Case analysis, Articles from Harvard Business Review Quiz, seminars, workshops, games, Visits to entrepreneurs and industrial visits Presentations, Latest audio-visuals Group discussions and group projects Periodic self assessment Mentoring and counselling Study exchange programme (with institutions out of India) Rural development / Social welfare projects

Case analysis,

Articles from Harvard Business Review

Quiz, seminars, workshops, games,

Visits to entrepreneurs and industrial visits

Presentations, Latest audio-visuals

Group discussions and group projects

Periodic self assessment

Mentoring and counselling

Study exchange programme (with institutions out of India)

Rural development / Social welfare projects

Branches AFTERSCHOOOL 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.

AFTERSCHOOOL 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.

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 Interact to develop yourself 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

Share to learn more

Interact to develop yourself

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

www.afterschoool.tk social entrepreneurship for better society