25 August Statistics For Business

www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS
STATISTICS FOR
BUSINESS
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

www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICIPANTS
STATISTICS FOR BUSINESS
Dr. T.K. Jain.
AFTERSCHO☺OL
Centre for social entrepreneurship
Bikaner
M: 9414430763
tkjainbkn@yahoo.co.in
www.afterschool.tk
www.afterschoool.tk

www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICI
PRICES OF SUGER WAS 20 PER KG
IN 1999, PRICE WAS 25 IN 2000, IT
WAS 30 IN 2001 AND 31 IN 2002. IT
IS 40 THIS YEAR. KEEPING 1999 AS
BASE, WHAT IS THE INDEX VALUE?
 INDEX OF 2000 = 25/20 *100 = 125
 INDEX OF 2001 = 30/20 *100 = 150
 INDEX OF 2002 = 31/20 *100 = 155
 INDEX OF THIS YEAR = 40/20 *100 =
200 ANSWER.

PRICES OF SUGER WAS 20 PER KG
IN 1999, PRICE WAS 25 IN 2000, IT
WAS 30 IN 2001 AND 31 IN 2002. IT
IS 40 IN 2008. KEEPING 2008 AS
BASE, WHAT IS THE INDEX VALUE
IN 1999, 2000?
 Index of 1999 is : 20/40 *100 = 50
 Index of 200 is 25/40 *100 = 62.5

What is the formula of
LASPEYRES?
 (target year price * base year quantity) / (
base year price * base year quantity).

What is PAASCHE index?
 (target year price * targe year quantity) /
( base year price * target year quantity).

What is FISHER index?
 = Geometric Mean of (Laspeyres Index *
Paasche Index).

What is MARSHALL –
EDGEWORTH index?
 (target year price * (target year
quantity +base year quantity)) / ( base
year price * (target year quantity
+base year quantity)).

In 1999, the weight of Rice in my
food basket was .5 and price was 45,
this year the weight is .8 and the
price is 80 per KG. Similarly In 1999,
the weight of Wheat in my food
basket was .5 and price was 36, this
year the weight is .2 and the price is
40 per KG, what is the index value
as per different formula? Base = 99
 Laspeyres = (80*.5 +40*.5)/(45*.5+36*.5)
 =1.48 * 100 = 148
 Paasche = (80*.8 +40*.2)/(45*.8+36*.2)
 =1.66 *100 = 166.

Solution . . ..
 FISHER:
 Geometric mean of 148 and 166
 =156.74 answer.

The prices and weights are given in
the table below. Calculate index
keeping 2007 as base?
2006 2007 2008
Rice Pr. 45 56 59
rice Qty. 33 55 46
wheat Pr. 23 34 44
wheat Qty 56 54 43

Solution. . .
 Index number for 2008 are 114 and 93
as per laspersy and paasche method
respectively. It is 104 as per Fisher Ideal
method. See the excel file for details.

What is log 10 100
 2 ans.

What is log 10 1000
 3 answer.

What is log 10 10000
 4

What is log 2 128
 7 ans.

What is log 2 512?
 9 answer.

What is log 2 1024?
 10 ans.

What is log 5 125?
 3 answer.

What is log 2 32?
 5 answer

What is log 3 243?
 5 answer.

What is log 3 1/243?
 - 5 answer.

 - 10 answer.

 - 9 ans.

What is log 3 X = 4, What is X?
 81 answer.

What is log 2 X = 7, what is X?
 128 answer.

What is log 2 X = 12,what is X?
 4096 answer.

What is log 2 (log 2 ( log 2 256)))?
 What is log 2 (log 2 8
 = What is log 2 3
 =1.58 approx. answer.

What is log 2 (log 2 ( log 2 16)?
 =log 2 (log 2 4)
 = log 2 2
 = 1 answer.

What is log 3 (log 3 27)?
 = log 3 (3)?
 =1 answer.

What is log 2 (log 3 81)?
 = log 2 (4)
 =2 answer

What is log 2 1024 - log 3243
 10 – 5
 = 5 answer.

What is Log X 1? (Value of X is
not known)
 Zero raised to the power of any number
gives 1, therefore the answer is ZERO.
We don’t need the value of X. X can be
any real number.

What is (log 3 5) * (log 25 27)?
 The first part can be written as = Log 5 /
Log 3
 The second part can be written as :
 Log 27 / log 25 OR log 3^3 / log5^2
 Now multiplying these:
 Log 5 / Log 3 *3log 3 /2 log5
 =3/ 2 answer.


What is log 10 25 ?
 = log 10 100/ 4
 = log 10 100 - log 10 4
 2 - log 10 4
 = 2 - 2 log 10 2
 2 – 2(.3)
 =2 - .6 = 1.4 approx.

ABOUT AFTERSCHOOOL
Afterschoool conducts three year integrated PGPSE (after
class 12th
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

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.

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

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

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

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

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
 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.

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
 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

25 August Statistics For Business

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