Statistical Analysis

AFTERSCHOOOL – DEVELOPING CHANGE

MAKERS
CENTRE FOR SOCIAL ENTREPRENEURSHIP
PGPSE PROGRAMME –
World’ Most Comprehensive programme in social
entrepreneurship & spiritual entrepreneurship
OPEN FOR ALL FREE FOR ALL

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 Statistical Analysis
Dr. T.K. Jain.
AFTERSCHOOOL
Centre for social entrepreneurship
Bikaner
M: 9414430763
tkjainbkn@yahoo.co.in
www.afterschool.tk
www.afterschoool.tk

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What is the GM of 12, 23, 32 (in
approximate) ?
 GM = Geometric Mean
 Let us multiply these 12*23*32
 We get = 8832.
 Let us not find a number ,which can give
cubic value nearby 8832.
 The nearby number is 20.5 answer.
 20.5 *20.5 *20.5 will give us 8615 (so
nearby answer).

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Find GM of 10, 20, 30 (in
approximate) ?
 Let us multiply these numbers
 10 * 20 * 30 = 6000

 Now let us find the number which can

give cubic value nearby 6000.
 =18*18*18, which give us 5832, so
nearby value is 18.173 answer.

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What is the HM of 20 and 30?
 Let us take 1/20 and 1/30
 Let us add these two numbers.
 We get 50 / 600
 Let us multiply this number by ½ (because
there are two numbers).
 We get 50 / 1200.
 Now let us reverse it. We get 1200 / 50
 = 24 answer.

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What is the HM of 10, 20 and
30?
 Letus add 1/10 + 1/20 + 1/30.
 We get 60 as LCM of 10,20,30. we get
(6+3+2) / 60 or 11/60. Now, we have to
multiply it by 1/3 (because there are 3
numbers). We get 11/180
 Now reverse it 180 / 11 = 16.36 answer.

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What is GM, if HM is 23 and AM
is 25?
 GM = Geometric Mean
 HM = Harmonic mean

 AM = arithematic mean

 GM is square root of HM * AM

 = square root of (23 * 25)

= square root of (575)

=23.97 answer.

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What is the standard deviation
of 5 digits 2,5,6,3,7?
 First let us find mean of these numbers. Total
is 23. let us divide this by 5. we get 4.6 as
average. Let us take differences of all these
numbers from 4.6 and let us square the
differences. The differences are - 2.6, .4, -1.6,
1.4 and 2.4. When we square these, we get
17.2 as the total. Now divide this by 5
(because there are 5 numbers). = 3.44. now let
us take square root of 3.44. we get 1.85
(answer).

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What is the standard deviation
of 2,5, 8 10?
Step 1. calculate their average. Average is
6.25.
Step 2: calculate difference of these numbers
from their average. Let us square the
differences. Add up all the squares of the
differences. We get 36.75
Step 3: let us divide this number by 4. we get
9.19.
Step 4: let us take square root of this number,
we get 3.03 as answer.

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What is standard deviation of
5,6,9,12?
Step 1. let us take average of these 4
numbers. We get 8.
Step 2: let us take difference of all these
values from 8 and square the difference
and add up these (we get 30). Divide this
sum by 4 (we get 7.5) and then we shall
take square root of that number. (we get
2.74)
Step 3: 2.74 is the standard deviation.

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Find the variance of 4,8,9,11?
 Step 1. Let us take average of 4,8,9,11.
 We get 8
 Step 2: let us take difference of these
numbers from their average.
 Step 3. Let us square up the differences.
 Step 4 Let us add up the difference.
 Step 5: let us divide this sum by 4 (because
there are 4 numbers).
 Answer = 6.5

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Find the standard deviation of
4,8,9,11?
 We have already calculated variance.
 Standard deviation = square root of
variance.
 Thus square root of 6.5 = 2.54 answer.

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Find out covariance of 2,3,5,8
and 8,4,2,1?
Step 1. calculate their averages. 4.5 & 3.75
Step 2: find the difference of each value
from their average. (call it Dx and Dy)
Step 3: multiply Dx and Dy. Sum up this.
Divide this by N (find simple average of
DxDy).
Answer : - 5.375 answer.

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Solution . . . .

X Dx Y Dy DxDy

2 -2.5 8 4.3 -10.63

3 -1.5 4 0.3 -0.375

5 0.5 2 -2 -0.875

8 3.5 1 -3 -9.625

4.5 4 -5.375

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 ABO UT A FTERSCH OOO L
Afterschoool conducts three year integrated PGPSE (after
class 12th along with IAS / CA / CS) and 18 month PGPSE
(Post Graduate Programme in Social Entrepreneurship)
along with preparation for CS / CFP / CFA /CMA / FRM. This
course is also available online also. It also conducts
workshops on social entrepreneurship in schools and
colleges all over India – start social entrepreneurship club in
your institution today with the help from afterschoool and help
us in developing society.

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Why such a programme?
 To promote people to take up entrepreneurship
and help develop the society
 To enable people to take up franchising and
other such options to start a business / social
development project
 To enable people to take up social
development as their mission
 To enable people to promote spirituality and
positive thinking in the world

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Who are our supporters?
 Afterschoolians, our past beneficiaries,
entrepreneurs and social entrepreneurs
are supporting us.
 You can also support us – not
necessarily by money – but by being
promotor of our concept and our ideas.

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About AFTERSCHOOOL PGPSE – the best
programme for developing great entrepreneurs

 Most flexible, adaptive but rigorous programme

 Available in distance learning mode
 Case study focused- latest cases
 Industry oriented practical curriculum
 Designed to make you entrepreneurs – not just
an employee
 Option to take up part time job – so earn while
you learn
 The only absolutely free course on internet
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Workshops from
AFTERSCHOOOL
 IIF, Delhi
 CIPS, Jaipur
 ICSI Hyderabad Branch
 Gyan Vihar, Jaipur
 Apex Institute of Management, Jaipur
 Aravali Institute of Management, Jodhpur
 Xavier Institute of Management,
Bhubaneshwar
 Pacific Institute, Udaipur
 Engineering College, Hyderabad

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Flexible Specialisations:
 Spiritualising business and society
 Rural development and transformation
 HRD and Education, Social Development
 NGO and voluntary work
 Investment analysis,microfinance and inclusion
 Retail sector, BPO, KPO
 Accounting & Information system (with CA / CS /CMA)
 Hospital management and Health care
 Hospitality sector and culture and heritage
 Other sectors of high growth, high technology and social
relevance

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Salient features:
 The only programme of its kind (in the whole world)
 No publicity and low profile course
 For those who want to achieve success in life – not just a
degree
 Indepth knowledge and expertise
 Professional approac: World class approach
 Strong intellectual and business capabilities
 Flexible – you may stay for a month and continue the rest of
the education by distance mode. / you may attend weekend
classes
 Scholarships for those from poor economic background
 Latest and constantly changing curriculum – keeping pace
with the time
 Placement for those who are interested
 Admissions open throughout the year
 Latest and most advanced technologies, books and study
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material
Components
 Pedagogy curriculum and approach based on IIM Ahmedabad and ISB
Hyderabad (the founder is alumnus from IIMA & ISB Hyderabad)
 Meditation, spiritualisation, and self development
 Essential softwares for business
 Business plan, Research projects
 Participation in conferences / seminars
 Workshops on leadership, team building etc.
 Written submissions of research projects/articles / papers
 Interview of entrepreneurs, writing biographies of entrepreneurs
 Editing of journals / newsletters
 Consultancy / research projects
 Assignments, communication skill workshops
 Participation in conferences and seminars
 Group discussions, mock interviews, self development diaryng
 Mind Power Training & writing workshop (by Dr. T.K.Jain)

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Pedagogy
 Case analysis,
 Articles from Harvard Business Review
 Quiz, seminars, workshops, games,
 Visits to entrepreneurs and industrial visits
 Presentations, Latest audio-visuals
 Group discussions and group projects
 Periodic self assessment
 Mentoring and counselling
 Study exchange programme (with institutions out of India)
 Rural development / Social welfare projects

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Branches
 AFTERSCHOOOL will shortly open its
branches in important cities in India
including Delhi, Kota, Mumbai, Gurgaon
and other important cities.
Afterschooolians will be responsible for
managing and developing these
branches – and for promoting social
entrepreneurs.

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Case Studies
 We want to write case studies on social
entrepreneurs, first generation
entrepreneurs, ethical entrepreneurs.
Please help us in this process. Help us
to be in touch with entrepreneurs, so that
we may develop entrepreneurs.

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Basic values at afterschoool
 Share to learn more
 Interact to develop yourself
 Fear is your worst enemy
 Make mistakes to learn
 Study & discuss in a group
 Criticism is the healthy route to mutual support
and help
 Ask fundamental questions : why, when, how
& where?
 Embrace change – and compete with yourself
only
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social entrepreneurship for better
society

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