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
[email protected]
www.afterschool.tk
www.afterschoool.tk

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Find correlation between the
following series?
 X series  Y series
 21  4
 16  3
 12  6
 4  8
 2  9
 1  10

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Solution . .
1. Find simple averages of these series. The
averages are 9.33 and 6.66.
2. Calculate standard deviations using these
averages
3. Find out covariance by multiplying the
covariances.
4. Find out correlation by dividing
covariance by products of standard
deviations of the two series.

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Solution table. .
x y dx dx^2 dy dy^2 dxdy

21 4 12 ## -3 7.11 -31.1
16 3 7 44 -4 13.4 -24.4
12 6 3 7 -1 0.44 -1.78
4 8 -5 28 1 1.78 -7.11
2 9 -7 54 2 5.44 -17.1
1 10 -8 69 3 11.1 -27.8
9.333333 6.666667 -3E-16 56.55556 -3E-16 6.555555556 -18.22222222

8 Std. Deviations 2.56 -0.95

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Solution . .
 Thus correlation is -.95 answer.

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Find concurrent deviations in
the following 2 series?
 
 X series  Y series
 21  4
 16 -  3 -
 12 -  6 +
 4 -  8 +
 2 -  9 +
 1 -  10 +

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Let us take products of
these signs (+ and -)
Formulae =+/- sqrt
X Y prd (+ or -(2c-m)/m)
- - + C= + signs in
products
- + - M =total
comparisons.
- + - =sqrt((2-5)/5)
- + - =sqrt(-3/5)
=-.7745
- + -
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There are 5 judges, who judged 6
af terschoool ians on entrepr eneuri al
ski ll s. Find Rank correl ati on among
them?

Judge X Judge Y
Tarachand 1 6

Jitendra 3 5

Arihant 2 3

Mahavir 6 1

Ram 4 2

Mukesh 5 4

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Solution . .
X Y (X-Y) D^2
Star 1 6 -5 25
Jitu 3 5 -2 4
Arihant 2 3 -1 1
Mahvir 6 1 5 25
Ram 4 2 2 4
Mukes 5 4 1 1
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Solution …
 Formulae =
 = 1 – 6* (sum of Deviations squared)/
N(N^2-1)
 =1-6*60/6(36-1)

 =1- 360/210

 =1-1.714

 = -.714 answer.

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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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www.afterschoool.tk
social entrepreneurship for better
society

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