regarding the insights i gathered from the tedx speech of alan smith on "why you should love statistics"

1. The way we should be
seeing it

2. Together we get the term Statistics!

4. TIME TO OPEN YOUR EYES!

5. Statistics help
you to
understand
the unknown
better

6. When you ask an retail manager
who doesn’t understand statistics
about the summary of his sales

7. CHANGE THE WAY YOU THINK

8. Need for managers to understand
Statistics
• Focusing on Big Picture
• can provide a reasonably accurate
snapshot
• Cost Effective Snapshot Considering each
and every customer

9. Statistics help in
differentiating perception
and reality

10. In India, The highest amount of start
ups are believed to be in Hyderabad
Considering the The Recent inaugural of
Telangana HUB And the new policies to
encourage Entrepreneurs
BUT.......

11. Is it the truth?

12. Recent Statistics have Shown that....
In Reality

13. • Indian Managers Need to understand
the difference between the perception
of the retail market around them and
the reality that is around them
..........but why?

14. Statistics provide managers
with more confidence in
dealing with uncertainty in
spite of the flood of
available data, enabling
managers to more quickly
make smarter decisions and
provide more stable
leadership to staff relying
on them.

15. Credits
• http://smallbusiness.chron.com/importance-
statistics-management-decision-making-
4589.html
• Compfight.com
• google

16. THANKYOU