A sha Sharma Faculty: Mgt. PCTE Group of Institutes
PCTE Group of Institutes
PCTE Group of Institutes
PCTE Group of Institutes
<ul><li>When you can measure what you are speaking about and express in numbers, you know something about it; but when you...
<ul><li>Medical Research </li></ul><ul><li>Marketing </li></ul><ul><li>Economics </li></ul><ul><li>Finance(financial risk)...
<ul><li>Statistics does not deal with individual figures </li></ul><ul><li>Statistics does not study qualitative data. </l...
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Introduction to Statistics

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Introduction to Statistics

  1. 1. A sha Sharma Faculty: Mgt. PCTE Group of Institutes
  2. 2. PCTE Group of Institutes
  3. 3. PCTE Group of Institutes
  4. 4. PCTE Group of Institutes
  5. 5. <ul><li>When you can measure what you are speaking about and express in numbers, you know something about it; but when you cannot measure it, cannot express it in numbers, your knowledge is of a meagre and unsatisfactory kind”. </li></ul><ul><li>Lord Kelvin </li></ul>PCTE Group of Institutes
  6. 6. <ul><li>Medical Research </li></ul><ul><li>Marketing </li></ul><ul><li>Economics </li></ul><ul><li>Finance(financial risk) </li></ul><ul><li>Insurance </li></ul><ul><li>Human Resource Management </li></ul><ul><li>Business Commerce and industry( Business cycle) </li></ul><ul><li>Physical and natural sciences </li></ul>PCTE Group of Institutes
  7. 7. <ul><li>Statistics does not deal with individual figures </li></ul><ul><li>Statistics does not study qualitative data. </li></ul><ul><li>Statistical laws are not exact. </li></ul><ul><li>Statistics can be misused.(the figures don’t lie, but the liars can figure) </li></ul><ul><li>It require a high degree of skill and understanding of the subject. </li></ul>PCTE Group of Institutes

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