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    BANGLADESH UNIVERSITY of BUSINESS & TECHNOLOGY Report on A problem and prospets of insurance business in Bangladesh and ways to overcoming the problem. Prepared For…………….. Md. Amdadul Hoque Lecturer‚ School of Business BUBT Prepared by………………… Id Md. Maher Hasan 08092101-346 Md

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    “Facts are stubborn things‚ but statistics are pliable (Mark Twain).” This summary will address the definitions of statistics‚ types and levels‚ the role of statistics in business decision making‚ and lastly give a few examples in which statistics was used. Statistics According to Investopedia‚ the definition of statistics is “a type of mathematical analysis involving the use of quantified representations‚ models and summaries for a given set of empirical data or real world observations. Statistical

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    Statistics Syllabus

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    Syllabus for Statistics Course No. 21090024 Period:54 Credit:3 Course Nature:Compulsive Assessment: Usually 10%‚ Group Work 20%‚ Final Exam70% Textbook: Statistics(3rd Edition), Junping Jia,Xiaoqun He,Yongjin Jin,China Renmin University Press,2007 Reference: Statistics for Business and Economics(7th Edition) Anderson‚ D.R.‚ & Sweeney‚ D.J. & Williams‚ T.A. 1.Introduction Statistics is a core curriculum for students in finance and economics major‚ which is a science method that starts with data

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    Statistics in Busine

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    Statistics in Business QNT/275 January 12‚ 2015 Kim Gravelle Statistics in Business Statistics are simply a way of gathering information from data. Learning from data is the essential use of statistics. The extraction of answers from data provides the foot print for further investigation and research. There are several different types and levels of statistics‚ they are nominal‚ ordinal‚ interval‚ and ratio ("Data Levels of Measurement"‚ 2014). The first level being nominal‚ allows for the use

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    What Is Statistics

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    Statistics in Business Statistics is a mathematical science pertaining to the collection‚ analysis‚ interpretation or explanation‚ and presentation of data. It also provides tools for prediction and forecasting based on data. It is applicable to a wide variety of academic disciplines‚ from the natural and social sciences to the humanities‚ government and business ("Statanalysis Consulting"‚ 2013).  Statistics is used in decision making that affects our everyday lives. The study of statistics

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    Misuse of statistics

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    produced. In many senses‚ he was what most of the top class institutions today vie to produce. He was‚ at the same time a great patriot‚ an eminent educationist‚ a teacher of teachers‚ a silver-tongued transcendental orator‚ an ancient as well as a modern leader‚ a reluctant but an eminent lawyer‚ a social reformer‚ a great human being‚ a torch-bearer of the downtrodden‚ and above all‚ a great nation builder. He lived his life for us and for the future generations. Each and every alumnus of BHU will

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    Importance of Statistics

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    Subject Areas Use of Statistics 1. World of Sports • Enter results from the different tournaments around the world • Research projects to improve the quality of the game and keep the fans interested • provide analysis on players and team strategy‚ as well as tackle larger research projects • statistical t tools include basic regression analysis‚ logistic regression‚ Monte Carlo simulation‚ classification‚ and hierarchical regression 2. Education • Statistics provides simple yet instant information

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    Statistics of Crime

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    Official Statistics on crime are often likened to the ¡§tip of an Iceberg¡¨. Critically assess this assertion in light of the ¡§dark figure¡¨ of crime and any new forms of data that can provide a clearer picture of the true extent of crime. Crime is continuously changing in its definition in people¡¦s perceptions with no complex classification being universally accepted. This forms the basis of the problems faced when attempting to count crime‚ who determines what crime is; the government of

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    Inferential Statistics

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    Data Analysis: Analyzing Data - Inferential Statistics Inferential statistics deal with drawing conclusions and‚ in some cases‚ making predictions about the properties of a population based on information obtained from a sample. While descriptive statistics provide information about the central tendency‚ dispersion‚ skew‚ and kurtosis of data‚ inferential statistics allow making broader statements about the relationships between data. Inferential statistics are frequently used to answer cause-and-effect

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    Statistics for Management

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    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

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