This is about statistics

1. Why you should love
statistics
By Srijani Das

2. NUMERACY
• Deals with numbers
• Mathematical approach
• Usage in daily life

3. WHY PEOPLE ARE
SCARED ABOUT
NUMERACY
• LACK OF
MATHEMATICAL
SENSE
• EMBRASSMENT OF
WRONG ANSWERS
• POOR BASIC
CONCEPTS

4. STATISTICS
SCIENCE OF US

5. BASIC NEEDS OF STATISTICS
• DATA EASILY ACCESSIBLE
• PRACTICALLY ACCURACY
• DEALS WITH LARGE
VARIETY OF DATASETS

6. I never
believe in
Statistics if I
didn’t make
it myself .

7. MANAGEMENT
&
STATISTICS

8. CONSUMERS ARE
STATISTICS, CUSTOMERS ARE
PEOPLE

9. STATISTICS IN MANAGEMENT
DECISION MAKING
• OPERATIONAL VALUE
• LONG-TERM FORECAST
FOR STRATEGIC
PLANNING
• RESEARCH VALUE

10. MARKETING MANAGER
• COLLECT AND ANALYZE A
LARGE AMOUNT OF DATA
• SAMPLING TECHNIQUES

11. PRODUCT MANAGER
• IMPROVE PRODUCTIVITY AND
QUALITY
• HIGHER PROFITS
• APPLICATION OF CONTROL
CHARTS

12. HR MANAGER
• TO UNDERSTAND
UNDERLYING FACTORS
• TO MEASURE ATTRITION

13. FINANCE MANAGER
• TO CRUNCH
FINANCIAL DATA
• TO ENHANCE
COMPETENCY

14. CONCLUSION
MANAGERS WITH GOOD STATISTICS
ARE ALWAYS WELL ORGANIZED ,
CONSTRUCTIVE AND SUCCESSFUL .

15. CREDITS
WEBSITES :
1. WWW.SMALLBUSINESS.CHRON.COM
2. WWW.EMATHZONE.COM
3. WWW.IBA.AC.IN
4. WWW.SLIDESHARE.NET