+ All Categories
Home > Documents > Quantitative Analysis - LearnCab for CA/Introduction to Statistics and its... · Quantitative...

Quantitative Analysis - LearnCab for CA/Introduction to Statistics and its... · Quantitative...

Date post: 22-Mar-2020
Category:
Upload: others
View: 3 times
Download: 0 times
Share this document with a friend
1
© Nulurn Edutech Pvt Ltd. Unauthorized reproduction or dissemination strictly prohibited www.learncab.com AUTHOR: CA VENKAT SHESHAN Quantitative Analysis Introduction to Statistics and its Relationship with Risk Management Population It refers to the Collection of all elements that comprises the entire universe possessing common characteristics. A population to be studied or measured. Measures generated reflect the behavior of the population. Examples Examples You can use different Statistical Surveys to measure related but different universes. Sometimes, it’s not practical or it is impossible to measure the entire population. In such cases, Sampling is an option.
Transcript
Page 1: Quantitative Analysis - LearnCab for CA/Introduction to Statistics and its... · Quantitative Analysis Introduction to Statistics and its Relationship with Risk Management Population

© Nulurn Edutech Pvt Ltd. Unauthorized reproduction or dissemination strictly prohibited

www.learncab.com

AUTHOR: CA VENKAT SHESHAN

Quantitative Analysis

Introduction to Statistics and its Relationship with Risk Management

Population

It refers to the Collection of all elements that comprises the entire universe possessing common characteristics.

A population to be studied or measured. Measures generated reflect the behavior of the population.

Examples

Examples

You can use different Statistical Surveys to measure related but different universes.

Sometimes, it’s not practical or it is impossible to measure the entire population.

In such cases, Sampling is an option.

Recommended