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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AFTERSCHOOOL MATERIAL FO
R PGPSE PARTICIPANTS

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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AFTERSCHOOOL MATERIAL FO
R PGPSE PARTICIPANTS

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 (because
there are two numbers).
We get 50 / 1200.
Now let us reverse it. We get 1200 / 50
= 24 answer.

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AFTERSCHOOOL MATERI

What is the HM of 10, 20 and

30?
Let

us 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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AFTERSCHOOOL MATERI

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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AFTERSCHOOOL MATERI

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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AFTERSCHOOOL MATERI

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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AFTERSCHOOOL MATERI

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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AFTERSCHOOOL MATERI

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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AFTERSCHOOOL MATERI

Solution . . . .
X

Dx

Dy

DxDy

-2.5

4.3

-10.63

-1.5

0.3

-0.375

0.5

-2

-0.875

3.5

-3

-9.625

4.5
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4
AFTERSCHOOOL MATERI

-5.375

ABOUT AFTERSCHOOOL
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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AFTERSCHOOOL MATERI

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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AFTERSCHOOOL MATERI

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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AFTERSCHOOOL MATERI

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 material

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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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AFTERSCHOOOL MATERI

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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AFTERSCHOOOL MATERI

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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AFTERSCHOOOL MATERI

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social entrepreneurship for better
society

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