1. 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
2. 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
3. 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.
4. 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 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
5. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICI
What is the formula of
LASPEYRES?
(target year price * base year quantity) / (
base year price * base year quantity).
6. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICI
What is PAASCHE index?
(target year price * targe year quantity) /
( base year price * target year quantity).
8. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICI
What is MARSHALL –
EDGEWORTH index?
(target year price * (target year
quantity +base year quantity)) / ( base
year price * (target year quantity
+base year quantity)).
9. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICI
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.
11. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICI
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
12. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICI
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.
33. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICI
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.
34. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICI
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.
36. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICI
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.
37. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICI
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
38. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICI
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.
39. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICI
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
40. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICI
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
41. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICI
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
42. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICI
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
43. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICI
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)
44. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICI
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
45. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICI
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.
46. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICI
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.
47. www.afterschoool.tk AFTERSCHO☺OL's MATERIAL FOR PGPSE PARTICI
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