All Questions

Statistics

Follow
Showing 161 - 170 out of 631 Questions
1358 Views

With the help of few examples point out the role of statistics in management. Discuss briefly bringing out limitations, if any.

roshni 18th Jan, 2022

Hello,

Hope you are doing good!

Statistics is the science of collecting, organizing, analyzing, and understanding data in order to make conclusions. Statistics is the scientific application of mathematical principles to the collection, analysis, and presentation of numerical data. Statisticians decide where and how to gather the data, determine the type and size of the sample group, and develop the survey questionnaire or reporting form Stats is also used for measuring production output, for example measuring the output rate for different assembly lines with influencing variables in a beverage factory.


Role of statistics in business management -

  1. Statistical research in business enables managers to analyze past performance, predict future business practices and lead organizations effectively
  2. Statistics can describe markets, inform advertising, set prices and respond to changes in consumer demand.
  3. Statistics plays a vital role in business. A successful businessman must be very speedy and accurate in decision making.
  4. Statistical methods are used by businessmen in making decisions, estimation and comparison of sales, production, export, import, etc.
  5. Statistics guides businessman to design production according to the taste and preference of the consumers, the quality of the products can also be checked more efficiently by using statistical methods.
  6. Many business accomplishments can be accomplished with statistics including deciding a new location, marketing the product, and even estimating what the profit will be on a new product.



All the best!

Hope it will help!

Thank you!


252 Views

Hi my self Priyanka i am from Hyderabad i need a clarity that can i do ms in us after my bsc statistics ? what are the requirements to get a software engineerg job in usa ? software Engineering in usa is my dream

AVINASH KUMAR 23rd Feb, 2022

Dear aspirant hope you are doing well..

To study at foreign universities/abroad in U. S , the admission process will require the candidate to give one language exam and one standardized exam. However, depending on the country, course, college, or university you are applying for you may be exempted from standardized exams. The language test will showcase your English proficiency skills. These exams are required for pursuing almost all courses abroad. Different countries have different language exams such as

  • TOEFL exam for getting admission to the universities in the US and Canada. The score of this exam is valid for two years after the declaration of results
  • There are plenty of universities abroad where you can apply to do master-level course, MSc in statistics, MSc in Operation Research, and Applied Mathematics, MSc in Mathematical Modeling, etc are some of the Master level Course in Mathematics that are available abroad. Students who have completed their graduation or bachelor's degree in Mathematics can apply for these courses. Foreign universities like Uppsala University, Dublin City University, Oxford Brookes University, University of York, University of Liverpool, etc offer all the above-mentioned courses in mathematics.

Top university of The USA for master degree courses

  • John Carroll University
  • Missouri University of Science and Technology
  • Michigan State University
  • West Virginia University
  • Rhode Island College
  • University of Arkansas
  • Vanderbilt University
  • DePaul University
  • Delaware State University
  • Texas A&M University-Commerce
  • University of South Florida
  • California State University Northridge

You can get the detailed information about the process how to apply for MS in USA. read the given article. Link is given below

https://studyabroad.careers360.com/articles/how-apply-for-ms-in-usa/amp

Hope it's helpful for you..

Thank you

46 Views

ts eamcet2021 statistics marks vs rank

Jiya Garg 12th Jan, 2022

Greetings!

Telangana State Engineering Agriculture and Medical Common Entrance Test is conducted once a year in online mode of three hour duration. Those who score between 155-160 are ranked between 1 to 50, those who secure between 150-154 are ranked between 50 to 200 and thus by every decrease of five marks in the exam affect a huge decrease in the rank.

For complete stats of marks vs rank, please visit-

https://engineering.careers360.com/articles/ts-eamcet-marks-vs-rank

Hope this will help you.


427 Views

What is the placement Statistics of electronics and computer science engineering in KIIT ?? is it worth it to take admission in this branch ??

Sree Student Expert 18th Feb, 2022

Hello aspirant,

Placement of KIIT for Electronics and Computer Science Engineering.

Placement record percentage: Around 90 percentage.

Highest salary offered: Rs. 21 Lakhs per annum

Average salary offered: Rs. 3.5 Lakhs per annum

Lowest salary offered: Rs. 2.5 Lakhs per annum

Top Recruiting Companies:

Deloitte

Infosys

Wipro

Accenture

TCS

Capgemini, etc.

I hope this information was helpful to you.

Good Luck!!

35 Views

fess structure for msc statistics

Sakshi Sharma 8th Jan, 2022

Hey Aspirant ,

I hope you are safe and doing well in your career. As the fees structure of msc stastistics is given below :

Average fees : INR 5,000 TO 65,000

Exam type : Semester based


The procedure of admission is either merit based or entrance based. Some colleges/universities take admission on the basis of merit.

As you not mentioned for which college you are asking for the fees so i cannot give you the exact fees structure. If you mentioned the college also then i will give you the exact fees structure.

I hope this will be helpful.

Revert back if any query.

Good luck !!

186 Views

after bsc statistics which is better mba Or mca

Muskan Shokeen 5th Jan, 2022

Hello Aspirant.

Hope you are doing well.

I would say that it's completely depends upon you and your plans that what you wanna do in future and in which prospects or in which line you wanna go because both the degrees have their own different values and career prospects thousands of people will give you thousand different opinion but at the end it's your choice that what you wanna do or in which field you wanna go so choose accordingly.

MBA; A Master of Business Administration (MBA; also Master's in Business Administration) is a graduate degree focusing on business administration, investment management. The core courses in an MBA program cover various areas of business administration such as accounting, applied statistics, human resources, etc.

MCA;

MCA full form  Master of Computer Application is a postgraduate course that trains the students about the various aspects of computer programs, application software, computer architecture, operating systems and many more. The duration of the course is for a period of 2 years MCA course can be an excellent academic choice for in the future because, the MCA graduates would be mainly hired in the IT Industry which is expected to grow by 2.3 % alone in 2021.Similarly, India remains  the largest provider of IT Solution and Outsourcing, thus creating a steady flow of jobs for the MCA Graduates.

FOR MORE PLEASE CLICK ON THE LINK GIVEN BELOW;

https://www.careers360.com/courses-certifications/articles/mca-vs-mba-which-better

GOOD LUCK, STAY MOTIVATED AND HOPE THIS HELPS.

Thankyou.

98 Views

what is the meaning of distribution & what is the meaning of normal distribution curve in statistics. But please give me simple definitions

Sakshi Sharma 24th Dec, 2021

Hello hello !!

I would like to tell you about meaning of both the terms. Firstly, Distribution in statistics :

A distribution is a function or a listing which shows all the possible values of the data. It also tells you how often each value occurs. However, the data in a distribution will be ordered from smallest to largest.

From a distribution you can calculate the probability of any one particular observation in the sample space.

Secondly, Normal distribution curve :

The normal distribution curve is also known as gaussian distribution is the most important probability distribution in statistics for independent and random variables.

It is a continuous probability distribution that is symmetrical about its mean , most of the observations cluster around the central peak and the probabilities for values further away from the mean taper off equally  in both directions.

I Hope you got your solution.

Thank you!!

48 Views

sir kya maths teacher ki post vacant h maine msc kiya h mathematics statistics se please ho to btiye

pdwords Student Expert 23rd Dec, 2021

Hello,

You haven't mentioned the name of the college for which you're enquiring, you can visit the official website, usually updates pertaining to recruitment of faculty can be easily accessed in the official website only, generally speaking you can apply for faculty if you have qualified CSIR NET as this is imperative for lectureship, other than there are also state level SETs conducted for the recruitment of assistant professor which you can try.

other than this if you're actively looking for jobs you can sign up for job portals, you will get regular updates pertaining to faculty position, for example LinkedIn is quite helpful regarding this, other than this there is naukri.com/indeed (//naukri.com/indeed) to name a few which might help you regarding this.

69 Views

sir kya maths teacher ki post vacant h hme apply krna h maine mathematics statistics se msc kiya agr ho to please btaiye

Shivam Gupta 23rd Dec, 2021

Hey Reena,

Hope you are doing great,


Yes, you can apply for teacher job if you have completed your MSc in Mathematics. Requirements are depends upon the school to school, some of the schools may also required B-ed and M-ed for higher post. If you want to do job in college then you should do Phd. These are the things which you should keep in mind.


I hope this will help you,

Best of Luck :)

The question have been saved in answer later, you can access it from your profile anytime. Access now

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

Careers360 App
150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books