Our view regarding

Statistics
Importance of Statistics
 A century ago, H. G. Wells commented that
“statistical thinking will be one day be as
necessary as the ability to read and write.
 Most successful managers stress on

statistical thinking.
 Statistical thinking can be defined as thought

process that focus on ways to understand,

manage, and reduce variation.
Percentage of teenager using Social
Media
Time for a Video
 Average Age of a
Japanese
Age structure
• 0-14 years: 13.1%
• 15-64 years: 64%
• 65 years and over: 22.9%
• Median age

• total: 44.8 years

• male: 43.2 years
• female: 46.7 years (2011 est.)
Average Age of Africa

Age structure

 0-14 years: 40.9%

 15-64 years: 55.9%
 65 years and over: 3.1%

Median age

 total: 19.2 years

 male: 19.2 years
 female: 19.3 years (2011 est.)
 Average Age of
Pakistani
 Age structure

 0-14 years: 35.4%

 15-64 years: 60.4%
 65 years and over: 4.2%
(2011 est.)

 Median age

 total: 21.6 years

 male: 21.5 years
 female: 21.6 years (2011
est.)
Average Consumption on Gas is
11.5km / lit. on AC
 Pakistan Japan

Population
190,291,129 127,368,088

Life Expectancy

66.350 years 83.910 years

Largest city
Karachi (population: 11,624,200) Tokyo (population: 8,336,600)

Human Development Index

0.562 0.956

GDP per capita

$2,800 US $35,200 US

Literacy Rate
49.9% 99%

Corruption Perception Index

2.5 7.3

Percentage of Women in Parliament

21.2% 12.3%
Statistics usage in Social Media
Reasons for learning Statistics for
Managers

Managers need to know how to :-

1. Properly present and describe information
2. Obtain reliable forecasts of variables of
interest
3. Improve the process
4. Draw conclusions about large populations
based upon information obtained from
samples
Sources
 http://www.indexmundi.com/nigeria/demogr
aphics_profile.html
 http://www.indexmundi.com/japan/demogra
phics_profile.html
 http://www.indexmundi.com/pakistan/demo
graphics_profile.html
Thank you