Descriptive Statistics case

Confidential Ram, Mazahar, Adil, PGDM Ex, IMT G, Sep 2013

Case: Asia Pacific Business schools.

Business School

Full-Time
Enrolment

Students
per
Faculty

Local
Tuition
($)

Foreign
Tuition
($)

GMAT

English
Test

Work
Experience

Starting
Salary
($)

Age

%Foreign

Asian Institute of Management (Bangkok)

300

10

18,200

18,200

29

90

No

Yes

Yes

25,000

Asian Institute of Management (Manila)

389

7,562

9,000

25

50

Yes

No

Yes

22,800

Australian National University (Canberra)

42

20,300

20,300

30

80

Yes

Yes

Yes

46,600

Chinese University of Hong Kong

90

11,140

11,140

29

10

Yes

No

No

31,000

Chulalongkorn University (Bangkok)

200

17,355

17,355

25

Yes

No

Yes

17,600

Curtin Institute of Technology (Perth)

98

15

9,475

19,097

29

43

Yes

No

Yes

55,000

De La Salle University (Manila)

44

17

3,300

3,600

28

3.5

Yes

No

Yes

13,100

Hong Kong University of Science and Technology

60

11,513

11,513

26

37

Yes

No

Yes

34,000

Indian Institute of Management (Ahmedabad)

392

4,300

4,300

22

No

No

No

7,100

Indian Institute of Management (Bangalore)

380

3,935

16,000

23

Yes

No

No

7,500

Indian Institute of Management (Calcutta)

463

2,880

16,000

23

No

No

No

7,400

International University of Japan (Niigata)

126

33,060

33,060

28

60

Yes

Yes

No

87,000

Jamnalal Bajaj Institute of Management Studies (Bombay)

240

1,000

1,000

24

No

No

Yes

7,000

Lahore University of Management Sciences

70

14

11,250

26,300

23

2.5

No

No

No

7,500

Macquarie Graduate School of Management (Sydney)

12

17,172

19,778

34

27

No

No

Yes

60,100

Massey University (Palmerston North, New Zealand)

30

15

13,106

21,625

37

35

No

Yes

Yes

41,400

Melbourne Business School

200

24,420

29,600

28

47

Yes

No

Yes

71,400

Monash Mt. Eliza Business School (Melbourne)

350

13

16,200

22,500

30

30

Yes

Yes

Yes

52,500

Nanyang Technological University (Singapore)

50

8,500

8,500

32

20

Yes

No

Yes

49,300

National University of Singapore

147

6,146

7,170

29

51

Yes

Yes

Yes

43,300

Royal Melbourne Institute of Technology

30

13,880

17,765

32

30

No

Yes

Yes

48,900

Universiti Sains Malaysia (Penang)

30

2,260

2,260

32

15

No

Yes

Yes

16,000

University of Adelaide

20

19

16,426

23,100

30

10

No

No

Yes

66,000

University of New South Wales (Sydney)

228

19,993

32,582

29

28

Yes

No

Yes

65,200

University of Queensland (Brisbane)

138

17

16,000

22,800

32

26

No

No

Yes

49,600

The above data shows some figures and facts about some ASIA pacific B school, in the following part of the report using different methods of
descriptive statistics, we will try to get some insights out of the data.
Confidential Ram, Mazahar, Adil, PGDM Ex, IMT G, Sep 2013

Data Variables:

No of Full - Time Enrolment

No of Students per Faculty
Local Tuition Fee($)
Foreign Tuition Fee ($)
Students Age
% of Foreign students
Requirement of GMAT score
Requirement of English Test
Requirement of Work experience
Starting salary

Summary of descriptive characteristics of variables:

Statistical measures
Minimum
Maximum
Mean
Median
Variance
Standard deviation
Coefficient of
variation
Skewness

Students
Full-Time per
Local
Foreign
Starting
Enrolment Faculty
Tuition ($) Tuition ($) Age
%Foreign Salary ($)
12
2
1,000
1,000
22
0
7,000
463
19
33,060
33,060
37
90
87,000
165.16
8.48
12375
16582
28.36
28.08
37292
126
7
11513
17765
29
27
41400
19836.2
25.6 60503871.8 83445411.7
14.3
625.4 550336600.0
140.84
5.06
7778.42
9134.85
3.78
25.01
23459.25
0.85
0.76

0.60
0.76

0.63
0.62

0.55
-0.01

0.13
0.12

0.89
0.87

0.63
0.22

For All variables except age, the range of Maximum and Minimum is very high.

Confidential Ram, Mazahar, Adil, PGDM Ex, IMT G, Sep 2013

HISTOGRAMS FOR VARIABLES:

Full-Time Enrolment
9

8
7
6
5
4
3
2
1
0
<=12

12- 62

62- 112

112- 162

162- 212

212- 262

262- 312

312- 362

362- 412

>412

Category

Students per Faculty

10
9
8
7
6
5
4
3
2
1
0

<=2

2- 5

5- 8

8- 11

11- 14

14- 17

>17

Category

Confidential Ram, Mazahar, Adil, PGDM Ex, IMT G, Sep 2013

Local Tuition ($)

14
12
10
8
6
4
2
0
<=1000

1000- 11000

11000- 21000

21000- 31000

>31000

21000- 31000

>31000

Category

Foreign Tuition ($)

12

10

0
<=1000

1000- 11000

11000- 21000
Category

Confidential Ram, Mazahar, Adil, PGDM Ex, IMT G, Sep 2013

Age
12
10
8
6
4
2
0
<=22

22- 26

26- 30

30- 34

>34

Category

%Foreign
12
10
8
6
4
2
0
<=0

0- 20

20- 40

40- 60

60- 80

>80

Category

Confidential Ram, Mazahar, Adil, PGDM Ex, IMT G, Sep 2013

Starting Salary ($)

7
6
5
4
3
2
1
0
<=7000

7000- 16000

16000- 25000

25000- 34000

34000- 43000

43000- 52000

52000- 61000

61000- 70000

70000- 79000

>79000

Category

Observations:
1.
2.
3.
4.
5.
6.

Full time enrolment of all schools is positively skewed

No of students per faculty is 8or less in most of the b schools, hence it is rightly skewed
Local tuition fees of few b schools are slight higher and hence the curve positively skewed
skewness of Foreign tuition fees is almost 0, hence the distribution of the fees is symmetrical
Skewness of age is 0.12and hence the curve is positively skewed
Starting salary offered by most of the b schools are forming a repeated curves with positive skewness.

Confidential Ram, Mazahar, Adil, PGDM Ex, IMT G, Sep 2013

Table of correlations
Full-Time
Enrolment

Students per
Faculty

Local Tuition
($)

1.000

0.507

0.999

0.507

1.000

0.502

Local Tuition ($)

0.999

0.502

1.000

Foreign Tuition ($)

0.999

0.502

1.000

-0.219

0.299

-0.224

%Foreign

0.972

0.514

0.971

Starting Salary ($)

0.999

0.502

1.000

Full-Time
Enrolment
Students per
Faculty

Age

Foreign Tuition
($)

Age %Foreign
0.999 0.219
0.972

Starting Salary
($)
0.999

0.502 0.299
1.000 0.224
1.000 0.224

0.514

0.502

0.971

1.000

0.971

1.000

-0.224 1.000
0.971 0.119
1.000 0.224

-0.119

-0.224

1.000

0.971

0.971

1.000

Confidential Ram, Mazahar, Adil, PGDM Ex, IMT G, Sep 2013

Local tuition vs foreign tuition

Statistical measures
Minumum
Maximum
Mean
Median
Variance
Standard deviation
Coefficient of
variation
Skewness

Local Tuition
($)
1,000
33,060
12375
11513
60503871.8
7778.42

Foreign Tuition
($)
1,000
33,060
16582
17765
83445411.7
9134.85

0.63
0.33

0.55
-0.39

Local Tuition ($)

Foreign Tuition ($)

14

12

12
10
10
8
8
6
6
4

2
0

0
<=1000

1000- 11000 11000- 21000 21000- 31000

Category

>31000

<=1000

1000- 11000 11000- 21000 21000- 31000

>31000

Category

Confidential Ram, Mazahar, Adil, PGDM Ex, IMT G, Sep 2013

Local Tuition vs Foreign Tuition

36000

Correlation = 0.835

Local Tuition ($)

30000
24000
18000
Local Tuition ($)
Linear (Local Tuition ($))

12000
6000
0

6000

12000

18000

24000

30000

36000

Foreign Tuitiion ($)

Confidential Ram, Mazahar, Adil, PGDM Ex, IMT G, Sep 2013

Starting salary vs Local tuition

36000

Correlation = 0.786

Local Tuition ($)

30000
24000
18000

Local Tuition ($)

Linear (Local Tuition ($))

12000
6000
0
0

20000

40000

60000

80000

100000

Starting Salary ($)

Starting salary vs Foreign tuition

36000

Correlation = 0.667

Foreign Tuition ($)

30000
24000
18000

Foreign Tuition ($)

Linear (Foreign Tuition ($))

12000
6000
0
0

20000

40000

60000

80000

100000

Starting Salary ($)

Confidential Ram, Mazahar, Adil, PGDM Ex, IMT G, Sep 2013

Starting salary vs % foreign

100

Correlation = 0.494

%Foreign

80
60
%Foreign

40

Linear (%Foreign)
20
0

20000

40000

60000

80000

100000

Starting Salary ($)

Confidential Ram, Mazahar, Adil, PGDM Ex, IMT G, Sep 2013