Statistics for Management
Statistics For Management
1. Introduction
2. Statistical Survey
3. Classification, Tabulation & Presentation of data
4. Measures used to summarise data
5. Probabilities
6. Theoretical Distributions
7. Sampling & Sampling Distributions
8. Estimation
9. Testing of Hypothesis in case of large & small samples
10. Chi-Square
11. F-Distribution and Analysis of variance (ANOVA)
12. Simple correlation and Regression
13. Business Forecasting
14. Time Series Analysis
15 . Index Numbers
Indian B2B site for Manufacturers & Exporters
Q: What’s the definition of Statistics ?
A : Statistics are usually defined as:
1. A collection of numerical data that measure something.
2. The science of recording, organising, analysing and reporting quantitative information.
Q: What are the different components of statistics ?
A: There are four components as per Croxton & Cowden
1. Collection of Data.
2. Presentation of Data
3. Analysis of Data
4. Interpretation of Data
Q: What’s the use of Correlation & Regression ?
A: Correlation & Regression is a statistical tools, are used to measure strength of relationships between two variables.
Q. What is the need for Statistics?
Statistics gives us a technique to obtain, condense, analyze and relate numerical data. Statistical methods are of a supreme value in education and psychology.
Q. How is statistics used in everyday life?
Statistics are everywhere, election predictions are statistics, anything food product that says they x% more or less of a certain ingredient is a statistic. Life expectancy is a statistic. If you play card games card counting is using statistics. There are tons of statistics everywhere you look.
Statistical Survey
1. What is statistical survey?
Statistical surveys are used to collect quantitative information about items in a population. A survey may focus on opinions or factual information depending on its purpose, and many surveys involve administering questions to individuals. When the
1. Introduction
2. Statistical Survey
3. Classification, Tabulation & Presentation of data
4. Measures used to summarise data
5. Probabilities
6. Theoretical Distributions
7. Sampling & Sampling Distributions
8. Estimation
9. Testing of Hypothesis in case of large & small samples
10. Chi-Square
11. F-Distribution and Analysis of variance (ANOVA)
12. Simple correlation and Regression
13. Business Forecasting
14. Time Series Analysis
15 . Index Numbers
Indian B2B site for Manufacturers & Exporters
Q: What’s the definition of Statistics ?
A : Statistics are usually defined as:
1. A collection of numerical data that measure something.
2. The science of recording, organising, analysing and reporting quantitative information.
Q: What are the different components of statistics ?
A: There are four components as per Croxton & Cowden
1. Collection of Data.
2. Presentation of Data
3. Analysis of Data
4. Interpretation of Data
Q: What’s the use of Correlation & Regression ?
A: Correlation & Regression is a statistical tools, are used to measure strength of relationships between two variables.
Q. What is the need for Statistics?
Statistics gives us a technique to obtain, condense, analyze and relate numerical data. Statistical methods are of a supreme value in education and psychology.
Q. How is statistics used in everyday life?
Statistics are everywhere, election predictions are statistics, anything food product that says they x% more or less of a certain ingredient is a statistic. Life expectancy is a statistic. If you play card games card counting is using statistics. There are tons of statistics everywhere you look.
Statistical Survey
1. What is statistical survey?
Statistical surveys are used to collect quantitative information about items in a population. A survey may focus on opinions or factual information depending on its purpose, and many surveys involve administering questions to individuals. When the