DALYCOLLEGEBUSINESSSCHOOL,INDIA

Incollaborationwith
DeMontfortUniversity,Leicester,UK
BMBS
Module Code: CORP 1540
Module Name : Quantitative Analysis for Business Decisions
Submitted To: Dr. Manish Mittal
Submitted By: Vansh Adwani
Student Number: P14105761
Hand in Date: 12 December 2014

EXCEUTIVE SUMMARY
DE MONTFORD UNIVERSITY systematized this examination intended for the determination
of no-win situation by what means the scholars be able to their return to leaning together with
extramural deeds. I have established and presented entirely of my investigation by habit of
arithmetic indicators. Data was agglomerated through my examination teaching and I have
accessed it here. This investigation assisted myself to recognize and comprehend numerous
kind of difficulties and pleasure ensues amid established lifetime and shoaling lifestyle.

CONTENTS
Topic
No.
1. Introduction

2. Aims and Objectives

3. Methodology

Page

4-6

4. Analysis of Data

7-8

5. Conclusion

6. Recommendations

7. Reference list

8. Appendices

Appendix 1

10

Appendix 2

11

Appendix 3

12

Appendix 4

13

Appendix 5

14

Appendix 6

15

Appendix 7

16

Appendix 8

17

Appendix 9

18-20

INTRODUCTION
The entire depiction and clarification shall be provided by means of this subsequent boom which
is showed taking place on hundred people. Revision on these one hundred people is showed
over and done with question through by way of university. The question is most regularly a so
much terse, premeditated standard of questionnaire intended to vintage detailed news to
encounter a certain want designed for research info about a pertinent topic (1997.James P.Key
p.1). Numerous arithmetical factor like mode, mean, median, standard deviation etc. were
assumed in this table Statics is the science of learning from data and of measuring, controlling
and interactive vagueness ; and it thus delivers the steering indispensable in lieu of supervisory
the
course
of
scientific
and
societal
advance.(Davidian,
M.
and
Louis,
T.A.,10.1126/science.1218685). Aimed at sturdy and well indulgent several statics diagrams
were secondhand alike pie chart, bar graph, graph and line graph. Each interrogation would be
premeditated and presented meticulously. Intended for improved respectful and noticeable
interpretation several graphs, pie charts, bar graphs will be pragmatic. Every interrogation would
be examined and cautiously accessible .university became suitable at the completion of this
exclusive report that will be sufficient in lieu of any kind of decision.
End of This exclusive report would be ample enough to bring appropriate statistics to the
university, by which decision might be accomplished.

AIMS AND OBJECTIVES

On the way to catch adequate and appropriate info around return to learning persons by dint of
amassing and constructing the info using arithmetical procedures and in the direction of
represent the clear ultimate facts and figures for noble accepting, decision making & expert
schoolwork nearby return to learning package. .

METHODOLOGY
1) Mean and Weighted Average
Mean is scientific and algebraic illustrative factor. Mean is the mediocre of numbers.
While the total sum of altogether reading is divided by the numeral of reading then
this assessment is known mean value. As in examples I have the following numbers
1, 11, 15, 27, 9. Condition is to compute the mean of all of these numbers at that
time sum up all the numbers. The sum is 63. This spontaneous summation is then
divided by means of means of whole numbers i.e. 5 then callous is 12.6.

http://www.mathsisfun.com/definitions/mean.html

2) Median
Median is scientific and algebraic illustrative factor. This be present the significant or
central tenure of all the clarifications. In lieu of an instance suppose that I have to
calculate the median of this numbers 3, 6, 5, 9, 8, 7, and 4. Place these numbers in
arising direction that shall be 3, 4, 5, 6, 7, 8, and 9. Their medium number or central
number is 6 henceforth median of entirely of this scrutiny is 6.
http://www.mathsisfun.com/definitions/median.html
3) Mode
The mode of a set of data is the term which occurs most frequently.( Andrew Mac
Millan David Preston, Jesica wolfe,Sandy You; 11/21/06; revised: 11/5/07). It is
Median is scientific and algebraic illustrative factor. Mode is the number has
maximum occurrence of the scrutiny we practice. In lieu of an instance I want to
calculate the mode of these numbers 22, 44, 22, 12, 44, 18, 24, 48, 58, the
occurrence of 22 is the maximum or 22 is further occurrence than several other
scrutiny hence mode is 22.
http://www.investopedia.com/terms/m/mode.asp

4) Standard Deviation
The standard deviation is the square root of variance, of a taster which can be used
to approximation a populations correct variance. The standard deviation stretches a
clue of how close the whole set of data is to the average terms... (Andrew Mac
Millan David Preston, Jesica wolfe,Sandy You; 11/21/06; revised: 11/5/07) As I
designated by this time standard deviation means by what means ample value is
differing from available mean. Standard deviation is the stricture aids in occasion of
accuracy and precision.
http://www.investopedia.com/terms/s/standarddeviation.asp

5) Bar Graphs
A simple bar graph is used represent only single variable.(Statistical methods; S.P.
Gupta; 1991). This be present an arithmetical graphical demonstration to explain the
facts are in now very sophisticated technique. Several kinds of the chunks are
constructed happening on X-axis. Bar is the illustrative demonstration appeal to
narrate the capacities or occurrence of presence of different personalities of data.
Bar graph shows that:

Compare group data.

Rapidly prepare simplification of the statistics signified.

http://cstl.syr.edu/FIPSE/TabBar/RevBar/REVBAR.HTM

6) Histograms
The histogram is set of vertical bar whose areas are proportional to the frequencies
represented (Statistical methods; S.P. Gupta ; 1991). Standard application of a
histogram (also mentioned by way of Chambers) is in the direction of clearly rsum
the dispersion of invariant facts established. The modification of the histogram
intended for that the Y-axis delivers not only the tittles for a only bin, but also rather
offers the quantities for the reason of that bin + entire bins for minor morals of the
answer adjustable.
The histogram shows following things:
1. Mid-point (that is, the place) of the figures;
2. Degree (that is the quantity) of the figures.

http://www.itl.nist.gov/div898/handbook/eda/section3/histogra.htm

7) Pie charts
Pie chart is used in applied to express percentage breaks. The pie chart is known as
because the whole graph airs like pie, and constituent be similar to slices cut from
pie. (Statistical methods; S.P. Gupta; 1990). Fashionable figures a pie graph (or pie
chart) is a quantified chart which is applied to present statistics autonomously. Now
the pie chart I design liberated adjustable scheduled a loop in either a helical
direction or an antihelices direction. The dependent going on variable
(characteristically a percentage) is reduced by means of a curvature whose grade is
relative to the magnitude of the quantity. Each arc is represented through making
spherical sketches as of its split ends to the mid of the round, creation a wedgeshaped "cut or slice. An incomplete amount of discrete principles can be attained
by means of self-governing variables (for example, five).

http://www.businessdictionary.com/definition/pie-chart.html

ANALYSIS OF DATA
BASIC INFORMATION ABOUT THE HUNDRED ADULTS
Appendix 1 Age of the Adults
The drought-nut chart as I have demonstrated in appendix 1(below the assignment) tells the
age of hundred adults that are taking the program return to learning. Age group of the people 46
to 55 i.e. fifty two percent i.e. several means that fifty two percent of total person which are
taking the course return to learning are of lying between the age group of 46 to 55. The mean,
maximum and minimum are 47.57, 61 and 26 respectively.
Appendix 2 Gender of adult
The bar chart as I have demonstrated in appendix 2(below the assignment) tells the gender of
hundred adults that are taking the program return to learning. Forty nine men adults and fifty
one women adult are there to take return to learning program.

Appendix 3 Distance travelled

The column chart as I have demonstrated in appendix 3(below the assignment) tells the age of
hundred adults that are taking the program return to learning. This column chart is depicted here
to recognize by means of observing propinquity of the adults from the university.
Appendix 4 Annual incomes of the adults
The pie chart as I have demonstrated in appendix 4(below the assignment) tells the age of
hundred adults that are taking the program return to learning. My survey is displaying that
adults who have income less than 1000 are of 41% and earnings of 32% adults have 1000 to
2000 pounds.
Appendix 5 Accommodation of students
The column graph or chart as I have demonstrated in appendix 5(below the assignment) tells
the age of hundred adults that are taking the program return to learning. The dwelling
predilections of the adults are opened in this bar graph. Conferring to my study virtually seventy
one percent of the adults is vicinities and resides on their particular hospices.
Appendix 6 Classes attend per week
The column chart that shown in appendix 6 represents the classes attend per week by hundred
adults goes for return to learning. Approximately fifty one percent of the adults are present only
solitary class in a week this is highly ve result.
Appendix 7 Average hours of study attended by an adult
The column chart as I have demonstrated in appendix 7(below the assignment) tells the age of
hundred adults that are taking the program return to learning.. My following study or survey
displays solitary 1% of adults study more than 20 hours and 52% of adult study less than 5
hours.
Appendix 8 Main reason for attending the class
The bar chart as I have demonstrated in appendix 8(below the assignment) tells the age of
hundred adults that are taking the program return to learning. Sixty one percent of adults
required more income and also wishes to improve their job prospectus that why they have
attended this.

CONCLUSION
Many types of methods I have used here with the help of the many charts like histogram, pie
chart, bar graphs, ground nuts, three dimensional charts. I have also used various parameters
like standard deviation, mean, mode and median to explain data effectively.
My study is based on the sampling of hundred people in a particular geographical area. My
study is very fair in order to describe the return to learning program.
After doing this study I personally think that people always eager to become superior thats why
they joined this type of programs to learn better in order to keep and maintain their status.

RECOMMENDATIONS
Characteristic of Questionnaires

Questions which are about the private life and strictness must be asked at the end.

Dont use the abbreviations and jargons.

Reference list
1) James P. Key (1997) Research design in occupational education, Questionnaire
and interview as data-gathering tools
2) Davidian, . and louis (n.d.) American statistical Association, Careers in statistics
3) Statistical methods; S.P. Gupta; 1991,chap 6.Diagramatic and
presentation; edition 26. S.chand and sons publications.p. p. -6.4-6.4

graphic

Appendix 1
Students Age

Age Group

No. of students

25-35
36-45
46-55
55-65
Total

4
30
52
14
100

% of
students
4%
30%
52%
14%
100%

Age

25-35
36-45
46-55
55-65

10

Mean
Minimum
Maximum
Sum
Count

47.54
26
61
4758
100

Appendix.2
GENDER
Male
Female

49
51

Gender
Gender

Female

51

49

Male

48

11

48.5

49

49.5

50

50.5

51

APPENDIX 3
DISTANCE TRAVELLED
Miles
0 to 10 miles
10+

No. of People
91
9

Distance travelled
100
90
80
70
Distance travelled

60
50
40
30
20
10
0
0 to 10 miles

12

10+

APPENDIX 4
Annual Income
Annual income
<1000
1000-2000
2000-3000
3000-5000
>5000

13

No. of adults
41
32
13
9
5

Annual income

<1000
1000-2000
2000-3000
3000-5000
>5000

APPENDIX 5
Accomodation
Accommodation of adult
Owner occupied house
rented home
owner occupied flat
Other

14

No. of Adults
48
32
13
7

Accomodation of adult
50
45
40
35
30
25
20
15
10
5
0

Accomodation of adult

APPENDIX 6
CLASSES ATTEND PER WEEK

Classes attend per week

1
2

15

No. of adults
51
24

3
4
5

14
7
4

Classes attend per week

60
50
40
30

1.0; 51

20
2.0; 24

10

3.0; 14
0

4.0; 7
1.0

2.0

5.0; 4
3.0

4.0

APPENDIX 7
AVERAGE HOURS OF STUDY ATTENDED BY AN ADULT

16

Average Hours of
study Attended by an
adult
0 to 5
6 to 10
11 to 15
16 to 20
21 to 25

No. of people

52
24
18
5
1

5.0

Average Hours of study Attended by the an Adult

60
50
40

Average Hours of
study Attended by the
an Adult

30
20
10
0

APPENDIX 8
REASON FOR ATTENDING CLASS

17

Main Reason for attending the class

No Particular reason
To increase job prospectus
To increase earning power
All of the above

No. of adults
16
22
29
33

Main Reason for attending the class

All of the above
To increase earning power

Main Reason for

attending the class

To increase job prospectus

No Particular reason
0

10 20
30 40

APPENDIX 9

APPENDIX 9
Student
1
2
18

Qu
Qu1 2
48 M
49 M

Qu3

Qu
Qu4 5
1 A
3 A

A
A

Qu
Qu6 7
A
A

Qu8
4 N
3 N

3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45

19

51
55
48
49
50
41
39
48
57
59
48
58
38
29
50
51
58
58
49
58
48
49
39
38
40
41
58
49
48
48
35
33
47
55
43
50
57
44
57
54
59
43
40

M
F
M
F
F
M
M
M
F
F
F
M
F
M
F
M
M
F
F
F
F
M
M
M
F
M
F
M
F
F
M
M
M
F
M
F
M
F
M
F
M
F
M

2
1
1
1
5
1
1
80
4
85
60
24
23
21
4
5
2
1
1
1
3
1
2
1
5
8
4
4

3
2
1
1
1
1
1
1
1
90

A
A
B
B
A
C
D
E
A
A
B
B
A
B
A
B
A
B
C
C
D
C
A
A
B
B
C
D
A
E
A
B
E
B
A
A
E
C
B
D
D
A
B

A
A
B
A
A
B
B
C
D
A
A
B
A
A
B
C
D
A
A
A
A
B
B
B
A
B
A
B
B
A
C
A
B
B
A
A
A
B
D
C
C

A
A
A
A
E
B
B
B
A
B
B
A
B
C
D
A
B
E
D
E
A
E
D
D
A
B
A
D
A
A
B
D
C
A
B
A
A
A
A
D
C
A
A

4
6
6
5
18
5
8
10
3
10
8
2
7
12
15
3
5
20
14
20
3
23
20
15
3
7
2
20
2
4
8
13
15
2
9
4
3
2
2
15
12
4
4

I
T
A
N
N
T
T
A
A
I
I
I
I
A
A
A
T
T
T
T
A
A
T
A
A
A
T
T
T
I
I
I
A
I
A
I
A
T
A
I
A
T
A

11

20

M
M
F
F
F
M
F
F
M
M
M
F

12

46
47
48
49
50
51
52
53
54
55
56
57

55
57
40
41
50
48
54
44
47
42
36
54

58

44 M

59
60
61
62
63
64
65
66
67

43
42
58
43
52
40
40
44
52

F
M
F
M
F
M
M
F
F

68
69
70
71
72

50
41
48
45
53

F
M
F
F
F

73
74
75
76
77
78
79

57
51
47
49
49
44
52

M
F
F
M
M
M
F

80
81
82

43 M
36 F
41 M

A
B
A
B
B
B
A
B
B
A
A
A

A
A
B
B
A
A
A
D
C
C
B
B

A
B
B
D
C
C
A
A
B
A
C
C

5
1
5
1
1
1
1
2

B
C
C
D
A
A
B
B
C

B
A
A
A
A
A
B
B
D

A
A
B
C
B
B
A
A
C

2
4
5
12
8
9
4
5
13

A
T
A
A
A
N
N
I
I

3
0
4
0

C
D
A
A
A

C
C
D
D
A

B
B
A
A
A

10
6
4
5
4

T
I
T
T
T

6
5
1
2
4
0

A
B
B
A
B
A
B

A
A
A
B
A
B
A

A
C
A
B
C
A
A

2
13
4
9
14
5
2

I
I
A
A
A
A
T

C
5 C
1 A

B
B
A

A
B
C

2 T
10 T
5 N

5
2
80
4
1
1
1
1
2
1
1
2

5
6
10
15
14
13
2
3
5
5
13
15

I
N
N
I
N
T
A
N
A
N
T
I

2 N

83
84

39 F
47 M

85
86
87
88
89
90
91

49
45
47
51
48
37
61

92

54 F

93
94
95
96
97
98
99
100

21

7 B
65 A

A
B

A
A

A
D
A
B
E
A
B

B
C
A
A
A
A
B

B
A
C
A
B
A
A

5 A

53 M

7 N

47
38
48
49
49
43
55

B
B
A
A
A
B
D

A
B
A
A
B
A
A

A
A
A
B
A
A
A

6
5
3
5
4
2
3

F
F
M
F
F
M
F

M
F
M
F
F
M
F

12
5
1
7
8
2
5

0
4
2
1
1
2

2 A
6 N
7
2
12
4
9
6
3

I
N
T
T
T
I
I

A
A
N
T
T
T
T