# Book

In: People

Submitted By purnit
Words 134607
Pages 539
COURSE CODE: MC-106 LESSON: 01 AUTHOR: SURINDER KUNDU VETTER: DR. B. S. BODLA

OBJECTIVE:

The aim of the present lesson is to enable the students to understand the meaning, definition, nature, importance and limitations of statistics.

“A knowledge of statistics is like a knowledge of foreign language of algebra; it may prove of use at any time under any circumstance”……………………………………...Bowley.

STRUCTURE:
1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 1.9 1.10 Introduction Meaning and Definitions of Statistics Types of Data and Data Sources Types of Statistics Scope of Statistics Importance of Statistics in Business Limitations of statistics Summary Self-Test Questions Suggested Readings

1.1

INTRODUCTION
For a layman, ‘Statistics’ means numerical information expressed in quantitative terms. This information may relate to objects, subjects, activities, phenomena, or regions of space. As a matter of fact, data have no limits as to their reference, coverage, and scope. At the macro level, these are data on gross national product and shares of agriculture, manufacturing, and services in GDP (Gross Domestic Product).

1

At the micro level, individual firms, howsoever small or large, produce extensive statistics on their operations. The annual reports of companies contain variety of data on sales, production, expenditure, inventories, capital employed, and other activities. These data are often field data, collected by employing scientific survey techniques. Unless regularly updated, such data are the product of a one-time effort and have limited use beyond the situation that may have called for their collection. A student knows statistics more intimately as a subject of study like economics, mathematics, chemistry, physics, and others. It is a discipline, which scientifically deals with data,...

### Similar Documents

Free Essay

#### Books

Words: 435 - Pages: 2

#### Books or E- Books ?

Words: 339 - Pages: 2

Free Essay

#### Walker Books

...MAB Lecture Illustration: Walker Books Profit Planning Exercise Walker Books1 Along with his brothers, Ramsay Walker ‘inherited’ Walker Books (Walkers) from his father. Neither Ramsay nor his brothers had worked full-time in the business. He has spent the last few months becoming familiar with the business. Exhibit 1 highlights Walker and Company’s organizational structure. Ramsay held meetings with the senior staff as well as studying the state of the industry, in general. Ramsay knew the industry was undergoing change: larger publishing houses getting larger through acquisitions and dominating the market; the rapid impact of technology through developments like e-readers; and the financial difficulties confronting some of the major retailers such as Borders2. Moreover, the size of the United States market seems to have stalled with total US sales estimated at \$23.9b in 2009 compared to \$24.3b in 2008; while over the last seven years the industry had experienced a compound annual growth rate of 1.1%3. As a result of his investigations Ramsay developed the corporate strategy and operational plans as follows: 1. The need for a new overall corporate strategy to drive the business combined with a small number of key financial targets 2. The need to develop a number of targeted business strategies to facilitate the execution of the corporate strategy 3. A better planning and budgeting system to facilitate financial analysis of alternate action plans, that when...

Words: 1017 - Pages: 5

#### Book Review

...Paper 100 pts Assignment Overview You will review and critique one of the short books about change management, identified below. The books are all very quick and easy to read and are readily available through libraries or second hand book sellers online: Who Moved My Cheese. Author: Ken Blanchard. Our Iceberg is Melting. Authors: John Kotter & Holger Rathgeber Fish Sticks. Authors: Stephen C. Lundin, Ph.D., John Christensen and Harry Paul Content Your essay should include: * Title Page * Introduction – Identify the purpose of the book and the key issues addressed in it. * Body of paper 8-12 substantive paragraphs that discuss each of the following…identify key areas where the book you have selected and the textbook for the course align or differ. * The most important information in the book – i.e. what is most crucial to understanding it? * The main inferences or conclusions reached in the book * The key concepts/ideas that the reader needs to understand in the book and how they align or differ from those in the course text. * The main assumptions underlying the author(s) thinking * Is the line of reasoning credible – if so, why? If not, why not? What are the implications of following or not following the suggestions in the book? * The main points of view in the books * Conclusion –add your own opinion of the book and whether or not you believe it is effective in identifying key change......

Words: 669 - Pages: 3

#### Books

...The book has no place in modern society. Discuss. Every book is a quotation; and every house is a quotation out of all forests, and mines, and stone quarries; and every man is a quotation from all his ancestors. A book is a written or printed work that has its pages sewed or glued to one another. The book has been around for years in its present printed form, advancing along with new innovations in today’s modern society, the book may have been partially replaced by the internet but it would be too extreme to say that the book has no place in modern society. Its distinctive and tangible touch is impossible to be substituted for. Thus, I feel that the book still has a place in modern society. The book still has a place in today’s modern society as today’s society is a knowledge-based one, knowledge is key to success. Books are pivotal to imparting knowledge and skills to the masses, especially to students in school. We cannot neglect the fact that the book is still the bread and butter of our lives. An example of a book that develops our skills and knowledge is the “7 Habits of Highly Effective People”, which has sold over twenty million copies worldwide. The remarkable sales figures just demonstrates the importance of the book in modern society, be it for entertainment or personal upgrade. They are the very core driving force of passing down present-day human knowledge. Some may argue that modern day innovations such as e-books serve the same function as well, however......

Words: 1001 - Pages: 5

#### Books

...Abstract Humanity and the study of Humanity gets its basis and theories from the bible and science, In Buddhism they believe we are victims of our own devices, that we worshiped and were slaves to Satan. Thus giving us the Christian View vs. the Buddhism View, the branch of theology devoted to the study of the human race is labeled "anthropology", though it has little, if anything to do with the scientific study of humanity which goes by the same term. One definition of this theological topic is, "the examination of the origin, nature, and destiny of the human race from the perspective of its relationship to God." Perhaps a better way of looking at it is to say that anthropology is the study of the eternal questions of life: "Who am I?", "Why am I here?", and "Where am I going?" These three questions will form us a basic outline of our views on Humanity by viewpoints given of views by Christians and Buddhist. Christian Worldview of Humanity VS. Buddhism Worldview of Humanity The “Christian View” according to Bishop Ussher and Genesis 1:31 records that people were created on "the sixth day" of creation. Beyond that, we can't be certain. Bishop Ussher, basing his reckoning on the genealogies of Genesis, postulated that the world began in 4004 BC - in October, to be precise. If there are no gaps in the genealogical record of Genesis, then Ussher's date is appropriate. But a gapless genealogy is highly unlikely. What was the purpose of these......

Words: 997 - Pages: 4

Free Essay

#### Book of Special Significance

...Essay – A book of special significance The book that has a special significance to me is “XML Bible” 2nd Edition by Elliotte Rusty Harold Deciding on the right book to study is mostly a matter of choice. Mili writes, It is always necessary to decide what books one should read. For selecting the best books we generally consult our teachers, librarians and our well read friends...We should read only the books that enlighten our mind and suggest accurate and authentic knowledge to the readers...(Book). I read the above book when I was in two minds whether to take classroom training in XML. I am glad now that I decided to study this book fully before anything else. The XML Bible is concise yet complete, elaborate yet accurate. It is multi-functional and works as a guide, tutorial, manual and reference book. The book is significant because it is both an invaluable resource and provides the much needed direction which is very much essential while trying to understand technology. I studied this book with the task of assimilating and applying the new documentation standard – XML. The book is credit- worthy because it explains XML and its applications authentically as well as informally steering the reader towards seeing XML everywhere in the digital world. “XML stands for Extensible Markup Language...XML is a meta-markup language” (Harold 3). “XML describes structure and semantics, not formatting” (Harold 5). Further, the author states that it is easy to...

Words: 336 - Pages: 2

Free Essay

#### Books vs Internet

...is type in your question and click SEARCH. It can give an answer to almost every question type in, and it is usually very quick, speedy and fast. Alternatively, the internet can sometimes provide us with unreliable information. It is like a blank page in which people are allowed to post whatever they want, and sometimes even the wrong information. The internet can be a source of unreliable and inaccurate information as it contains the judgment of different individuals and not the actual facts.  On the other hand, according to the OSA Webster Nine – “Using books or other printed texts can waste time, as you need to find the appropriate book and then search for the information you need from it. On the contrary, printed texts can be a great source of reliable information. Books are written by experienced authors who have researched well about the topic themselves before publishing it. A library can assure you that the book in your hand is dependable and...

Words: 259 - Pages: 2

Free Essay

#### Books in Digital Error

...of Printed Books in the Digital Age Name Institution Date of submission Once upon a time printed books were the undisputed medium of expressing literary culture, as well as source of information and knowledge. Books were a central part of the society acting as a vehicle for carrying and disseminating histories, ideas, stories, and pictures. However, over the centuries, the literary culture of reading and relying on printed books as the primary source of information has gradually changed. The digital age is populated with technology, which has revolutionized all aspects of lifestyle. Thompson (2005) notes that one of these aspects is the culture of reading printed material from books and other sources. In this digital age, information is readily available on the internet merely by a click of a button. This is not only convenient, but also consume less time as opposed to the earlier eras where one would take time and go to the library, search for a book, and finally read to get the required information. As a result, books are becoming less and less desirable as their future is overtaken by the digital sources of information. Today, e-books have replaced the printed version of books particularly with the invention and popularity of tablets and iPads that are perfect carriers of e-books. E-books are on the rise as the sales of printed books decrease, and soon they will completely replace the printed versions. For instance, in 2003, the sales of printed books decreased......

Words: 658 - Pages: 3

#### Banning Books In Schools

...eight year old son come back from school with the book The Adventures of Tom Sawyer, he had been waiting for it for a week, until somebody finally returned it from the library. So you start reading it with him, you think that the book is fine, until your start seeing racist words, why does your eight year old child have this book in his hands, why is it within his reach? Book banning in schools has recently became a hot topic, some people think that some books should be censored or removed from schools. We do not want children reading books that have violence and swearing in them. Some books have violence and inappropriate content in them, others contain profanity and racism, a child's impressionable mind should not be exposed to stuff like that. Book banning should be allowed in schools to protect children from inappropriate content. Children's minds can be effected very easily, so why can they read books...

Words: 638 - Pages: 3

Free Essay

#### My First Book

...Bibliophobe to Bibliophile. I hate books. Up until three years ago, that was something I would say on a daily basis. I despised books. The sight of thick hardbound books to an extent scared me. Whenever I saw anyone I knew picking out one of those thick books which wasn't a comic, all I did was ask them how they could go through reading the entire book without completely losing interest and getting 'bored'. While most people in around me read and discussed fantasy books such as 'Harry Potter', 'Artemis Fowl', 'Percy Jackson' etc. with such enthusiasm and zeal, all I could do was wonder how they could read hundreds of pages of printed text in tiny fonts without getting frustrated. I could not comprehend how reading hundreds of pages could in any way be more fascinating than watching a movie adaptation of the same content which saves hours of time and also allows you to live through the entire experience in a fast-paced well directed and acted version of it. It all changed completely three years ago. I have had a certain obsession to taking up as many challenges as I could possibly have from any and every person I have known. If anyone ever dared me to do an attainable task, I could never turn them down. One such challenge I received was to read an entire fiction book series of at least 6 books. After a period of discussion it was finally decided that it should be a classic series for my first and it ended up being Harry Potter on popular demand. This challenge eventually......

Words: 1052 - Pages: 5

#### E-Books vs. Print Books

...Summary Books are useful. When being read, it provides information that brings learning to people which results to an increase of their knowledge level. Any kinds of book have the same purpose; however there is a conflict between which is more effective to use now that e-books have been invented. As many educational institutions started deviating from using traditional books, it is significant to evaluate the factors affecting the students’ preference for a book before requiring it. This study systematically reviews the data for printed and electronic books, aiming to investigate on the different factors that result the students to prefer such book format in order for them to attain knowledge in an easier and a more convenient way. The researcher used a descriptive quantitative research approach with the use of online survey to come up with the results. It is the best way to gather reason why they prefer such a format. It was concluded that e-books has much ability than the other format. However, the findings showed that traditional book is more preferred than electronic books due to its design which readers admire a lot. It was also discovered that lessons in print books are comprehensive to read which conveys learning is fast in this format. One problem in print book was its weight. One of many respondents’ reason for not choosing e-book is, it causes eye strain and headaches which lead to problems regarding of the readers’ health. Now that we had determined print books......

Words: 307 - Pages: 2

Free Essay

#### Book and Movie

...Example 1: subject by subject Books vs Movies (capitalize both words) There are different ways to get a story from different sources in modern times. Books have been good sources for stories, but movies are getting more popular and have the same story with wrong word the books. Why auxiliary verb needed people still reading books, and others are prefer watching should be an infinitive not a gerund the movies? Reading books and watching movies have a lot in common but there are some differences that makes the readers remain faithful to reading books. First, books keep a person’s mind going. A mind is filled with questionspunctuation and as the wheels in your head are turning, your brain is being put to more use rather than if you let it go numb during a movie. It is basically the same as watching television versus going outside and playing for a couple of hours. Movies are like a version of a television show, wrong punctuationthey are just longer. Everyone has heard that if you watch TV for too long it is not good for you, that you should pick up a good book instead.comma splice Should not the same rule apply when it comes to watching a movie?  You are contrasting movies and books but you go off on another idea of television. Keep on topic and show how books contrast to movies. In this paragraph you are trying to show how the brain reacts differently to movies and books. (Give more examples of that.) Films can do a lot of different things. They can bring whole......

Words: 2110 - Pages: 9

#### Walker Books

...According to our group’s analysis, it is determined to drop Western segment from production lines for a couple of reasons. Firstly, the external factor to drop Western segment is that Walker Books needs to prepare funds to invest on E-book production development since digital revenues are replacing tradition book revenues and Walker Books needs to start E-book business to prevent losing revenue from lack of online sales.(Appendix 5) Thus, after dropping Western segment, Walker Books will be able to spend variable costs associated with Western segment on developing E-book production. Second, the internal main factor for dropping Western Segment from production line is because dropping Western Segment has the least opportunity cost to drop in order to prepare funds for investing on E-book development based on our assumptions and analysis. Our group members concluded that Western segment has the least possibility to improve its net profit in comparison with other segments in the future. In spite of the fact Children’s Books and Mystery segments make more losses than Western segment does, we determined that Western segment will not generate much profit in the future with expense management in the future due to the small amount of gross regular sales while we inferred that net profits of Children’s Book segment and Mystery segment can greatly improve if they undergo expense management in the future thanks to their a lot of gross regular sales. b) According to Ramsay’s......

Words: 375 - Pages: 2