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Accounting & Information System For Management 16 Oct

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www.afterschoool.t k AFTERSCHO OL's MATERIAL FOR PGPSE PARTICIPANTS BUSINESS STATISTICS 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
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Page 1: Accounting & Information System For Management 16 Oct

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

BUSINESS STATISTICS 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

Page 2: Accounting & Information System For Management 16 Oct

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

BUSINESS STATISTICSDr. T.K. Jain.

AFTERSCHO☺OLCentre for social entrepreneurship

Bikaner M: 9414430763

[email protected]

www.afterschool.tk, www.afterschoool.tk

Page 3: Accounting & Information System For Management 16 Oct

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

Calculate concurrent deviations. . .

Page 4: Accounting & Information System For Management 16 Oct

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

Solution .

X Y cd x cdy cd

35 36

38 35 + - -

40 31 + - -

33 36 - + -

45 30 + - -

48 29 + - -

49 27 + - -

52 24 + - -

Page 5: Accounting & Information System For Management 16 Oct

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

solution

• = + - square root ((2c-m)/m)

• = +- square root (( 0 – 7) / 7))

• =-1 answer.

Page 6: Accounting & Information System For Management 16 Oct

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

15 dates are selected at random, what is the probability of getting 2

sundays?

• Solving this question using binomial distribution:

• NCR P^rQ^(n-r)

• =15C2(1/7)^2(6/7)^13

• =(fact(15)/((fact(2)*fact(13)))(1/49)(6/7)^13

• =.288 answer.

Page 7: Accounting & Information System For Management 16 Oct

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

A workers has 10% chance of suffering from a disease. What is

the probability that out of 5 workmen 3 are suffering?

• 5c3*(.1)^3(.9)^2

• =(fact(5)/(fact(3)*fact(2))*(.1)^3(.9)^2

• =.0081 answer.

Page 8: Accounting & Information System For Management 16 Oct

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

Dhaval is late once in 5 days (on an average). What is the probability

that he is late on 5 days in a month?

• 30c5(1/5)^5(4/5)^25

• =((fact(30)/(fact(25)*fact(5))*(1/5)^5(4/5)^25

• =.1722 answer

Page 9: Accounting & Information System For Management 16 Oct

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

Mean is 8 and standard deviation is 2, what is the binomial distribution?• Mean = NP = 8• Sqrt (NPQ) = 2 OR NPQ = 4• NPQ/NP = Q; THUS 4/8 = ½ (Q IS ½)• P = 1- Q = 1-1/2 = ½• NP = 8 or N*1/2 =8 or N = 16• 16c0(1/2)^0(1/2)16• 16c1(1/2)^1(1/2)15• Similary prepare for all values of R. thus you can

prepare binomial distribution. Ans.

Page 10: Accounting & Information System For Management 16 Oct

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

If mean is 6, and standard deviation is 2, prepare bionomial distribution?

• Mean = NP = 6• Sqrt (NPQ) = 2 OR NPQ = 4• NPQ/NP = Q; THUS 4/6 = 2/3 (Q IS 2/3)• P = 1- Q = 1-2/3= 1/3• NP = 6 or N*1/3 =6 or N = 18• 18c0(1/3)^0(2/3)18• Similary prepare for all values of R. thus

you can prepare binomial distribution. Ans.

Page 11: Accounting & Information System For Management 16 Oct

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

ABOUT AFTERSCHO☺OL

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.

Page 12: Accounting & Information System For Management 16 Oct

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

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

Page 13: Accounting & Information System For Management 16 Oct

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

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.

Page 14: Accounting & Information System For Management 16 Oct

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

About AFTERSCHO☺OL 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

Page 15: Accounting & Information System For Management 16 Oct

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

Workshops from AFTERSCHO☺OL

• 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

Page 16: Accounting & Information System For Management 16 Oct

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

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

Page 17: Accounting & Information System For Management 16 Oct

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

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• 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

Page 18: Accounting & Information System For Management 16 Oct

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

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)

Page 19: Accounting & Information System For Management 16 Oct

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

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

Page 20: Accounting & Information System For Management 16 Oct

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

Branches

• AFTERSCHO☺OL 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.

Page 21: Accounting & Information System For Management 16 Oct

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

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.

Page 22: Accounting & Information System For Management 16 Oct

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

Basic values at AFTERSCHO☺OL

• 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

Page 23: Accounting & Information System For Management 16 Oct

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

www.afterschoool.tk social entrepreneurship for better

society


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