Online PDF files useful for Statistical Concepts

Here are some Online Available PDF files useful for Basic Statistical Concepts

1. Introductory Statistics Notes 
2. Introduction to Statistics
3. Introductory Statistics
4. The Pleasure of Statistics
5. simpleR : Using R for Introductory Statistics
6. Basic Statistical Concepts 1
7. Basic Statistical Concepts 2
8. Basic Concepts of Inferential Statistics
9. ANOVA
10. Using SPSS for Basic Analysis
11. Data Preparation Using SPSS
12. SPSS for Windows: Descriptive and Inferential Statistics
13. Statistical Principles of Clinical Trials
14. Design and Analysis of Clinical Trials in Drug Development
15. General Considerations for Clinical Trials
16. Design and Analysis of Experiments: Nonparametric Methods with applications to Clinical Trials
17. Bioavailability and Bioequivalence
18. Bioequivalence Trials
19. Experimental Designs for Bioavailability/Bioequivalence Trials
20. Guidelines for BA/BE studies
21. A first Course in Design and Analysis of Experiments
22. Experimental Design and Analysis
23. R Companion to Montgomery’s Design and Analysis of Experiments (2005)

BSc+MSc(Actuarial Science)

बारावीनंतर करता येणारा बी.एस्सी.+एम.एस्सी. (अ‍ॅक्च्युरीअल सायन्स) संयुक्त अभ्यासक्रम

उत्तर महाराष्ट्र विद्यापीठातील संख्याशास्त्र विभागात विमाशास्त्रातील बारावीनंतर करता येणारा पाच वर्षांचा बी.एस्सी.+एम.एस्सी. (अ‍ॅक्च्युरीअल सायन्स) हा संयुक्त अभ्यासक्रम २०१०-११ या शैक्षणिक वर्षांपासून सुरू करण्यात आला आहे. भारतात असा कोर्स दोन-तीनच विद्यापीठात सुरू असून उत्तर महाराष्ट्र विद्यापीठ हे त्यापैकी एक विद्यापीठ आहे. उमवितील या अभ्यासक्रमाच्या प्रवेशासाठी कला, वाणिज्य किंवा विज्ञान शाखेतील बारावी उत्तीर्ण विद्यार्थी पात्र असून त्याने गणित विषय अभ्यासलेला असावा. तसेच त्यास गणित विषयात कमीत कमी ७०% गुण असावेत.

एम.एस्सी. अ‍ॅक्च्युरीअल सायन्स या पाच वर्षांच्या कोर्सला प्रवेशित विद्यार्थ्यांनी प्रथम तीन वर्षे यशस्वीपणे पूर्ण केल्यानंतर त्यांना बी.एस्सी. अ‍ॅक्च्युरीअल सायन्स ही पदवी देण्यात येणार आहे व पूर्ण पाच वर्षे यशस्वीपणे अभ्यासल्यास एम.एस्सी. अ‍ॅक्च्युरीअल सायन्स ही पदवी देण्यात येईल. या अभ्यासक्रमात गणित, संख्याशास्त्र, अर्थशास्त्र, वित्त इत्यादी विषयांवर आधारित पेपर्स असून परदेशी भाषाही शिकवली जाणार आहे. तसेच विद्यार्थ्यांच्या संवाद व अन्य जीवन कौशल्ये विकसित करण्याच्या दृष्टीने या अभ्यासक्रमात Effective Communication in English या विषयाचादेखील समावेश करण्यात आला आहे. एम.एस्सी.च्या अखेरच्या सत्रात विद्यार्थ्यांनी विविध वित्तीय, बँकिंग व विमाशास्त्रीय संस्थात जाऊन प्रोजेक्ट करावयाचा असून यातून या विद्यार्थ्यांना संस्थांची कार्यप्रणाली समजण्यास उपयोग होईल. विमाशास्त्राचा पाया हा मुळातच भविष्यात होऊ शकणाऱ्या वित्तीय घटनांच्या अनिश्चिततेवर आधारित असल्यामुळे संख्याशास्त्र या विषयाचेही विशेष महत्त्व आहे. विमाशास्त्राशी निगडित Mathematics of Demography, Financial Mathematics, Life Insurance, Actuarial Risk Management, Health and Care Insurance अशा विविध विषयांचा अभ्यासक्रमात समावेश असून या शिवाय काही Computer Languages, Statistical व Financial Software देखील शिकविण्यात येतात.

एम.एस्सी. अ‍ॅक्च्युरीअल सायन्स या संयुक्त कोर्सचा अभ्यासक्रम हा मुंबई येथील Institute of Actuaries of India (IAI) घेत असलेल्या परीक्षांच्या अभ्यासक्रमांशी मिळताजुळता असून या कोर्सला प्रवेशित विद्यार्थ्यांनी IAI च्या परीक्षादेखील उत्तीर्ण होणे अपेक्षित आहे. IAI ही संस्था कुठल्याही शाखेच्या बारावी उत्तीर्ण व इंग्रजी विषय अभ्यासलेल्या विद्यार्थ्यांना प्रवेशपरीक्षेद्वारे सदस्यत्व देते. तसेच अभियांत्रिकी,  लेखा(CA), गणित, संख्याशास्त्र, इत्यादी विषय अभ्यासणारे अथवा पदवीधर विद्यार्थी प्रवेश परीक्षा देण्यास पात्र असतात. 

प्रवेशित विद्यार्थ्यांची चार स्तरांवर १६ ते १९ विषयांची परीक्षा घेत असते. या परीक्षा वर्षांतून दोन वेळेस घेण्यात येतात. या सर्व किंवा काही विषयांत उत्तीर्ण होणाऱ्या विद्यार्थ्यांना IAI तर्फे योग्य त्या Specialization  च्या पदव्या व पदे दिली जातात. सर्व विषय उत्तीर्ण होणाऱ्या विद्यार्थ्यांस अ‍ॅक्च्युरी असे संबोधले जाते. उमवितील या नवीन अभ्यासक्रमाला प्रवेशित विद्यार्थ्यांना निश्चितच IAI या परीक्षांची तयारी उत्तम रीतीने करता येईल व त्यातून विमाशास्त्रातील तज्ज्ञ मनुष्यबळ निर्माण होण्यास मदत होईल.

उत्तर महाराष्ट्र विद्यापीठातील संख्याशास्त्र विभागात २००७-०८ या शैक्षणिक वर्षांपासून पोस्ट ग्रॅज्युएट डिप्लोमा इन अ‍ॅक्च्युरीअल सायन्स (PGDAS) हा अभ्यासक्रमदेखील सुरू आहे. गणित शास्त्र प्रशाळेचे संचालक डॉ. आर. एल. शिंदे यांना २०१० पासून दर वर्षी मे-जून या काळात कॅनडा येथील कॅलगरी विद्यापीठात अ‍ॅक्च्युरीअल सायन्सशी निगडीत विषय शिकविण्यासाठी आमंत्रित करण्यात येते. त्यांनी त्या विद्यापीठातील विद्यार्थी, प्राध्यापक,  तेथील कार्यपद्धती, अ‍ॅक्च्युरीअल सायन्सशी निगडित विविध कोर्सेस संदर्भातील सखोल माहिती घेतलेली आहे. हा कोर्स सुरू करण्याकरीता कॅलगरी विद्यापीठाचे प्रा. डॉ. जगन्नाथ वाणी यांचे मोलाचे सहकार्य विद्यापीठास लाभले आहे. भारतातील विद्यार्थ्यांनी विमाशास्त्रासारख्या महत्त्वाच्या विषयाकडे वळून विमाशास्त्रातील तज्ज्ञांची कमतरता भरून काढावी, या उद्देशाने या अभ्यासक्रमाची सुरुवात करण्यात आलेली आहे. हा अभ्यासक्रम आंतरराष्ट्रीय दर्जाचा असून पुढील काही वर्षांत IAI च्या अभ्यासक्रमांच्या परीक्षा व उत्तर महाराष्ट्र विद्यापीठातील हा नवीन अभ्यासक्रम समतुल्य करण्यासाठी प्रयत्न करण्यात येणार आहेत. विमाशास्त्राचा हा अभ्यासक्रम पूर्ण करणाऱ्या विद्यार्थ्यांना बँक, वित्तीय संस्था, विमासंस्था तसेच शैक्षणिक व संशोधन संस्थात नोकरीच्या संधी मिळू शकतील. याशिवाय त्या विद्यार्थ्यांना विविध बँकिंग व विमा संस्थांचे सल्लागार किंवा विश्लेषक म्हणूनही काम करण्याची संधी प्राप्त होऊ शकेल. बी.एस्सी.+ एम.एस्सी. अ‍ॅक्च्युरीअल सायन्स हा अभ्यासक्रम अतिशय रोजगाराभिमुख आहे. 

उमवितील संख्याशास्त्र विभागात २०१२-१३ या शैक्षणिक वर्षासाठी बी.एस्सी.+ एम.एस्सी. अ‍ॅक्च्युरीअल सायन्स या अभ्यासक्रमाची प्रवेशप्रक्रिया सुरु झालेली असून प्रवेशअर्ज व माहितीपत्रक www.nmu.ac.in  या विद्यापीठाच्या संकेतस्थळावर तसेच संख्याशास्त्र विभाग, उत्तर महाराष्ट्र विद्यापीठ, जळगाव येथे उपलब्ध आहे. अधिक माहिती साठी विद्यार्थ्यांनी संख्याशास्त्र विभागास भेट द्यावी किंवा ०२५७-२२५७४९४/६५/६६ येथे संपर्क साधावा.

Help for Interview: Data Analyst

Simple Interview Questions

• When a problem is encountered, how will you obtain information to find solution to the problem? Give Examples.
• After obtaining the information, how will you filter out the unnecessary information? Give Examples.
• Give an example, where a problem is solved by mapping and tracing informational data within one system and between two systems.
• Which are the domains in which you have worked previously? Which of them was the most challenging domain?
• Till date, which was the most difficult problem you solved? What measures did you take to solve the problem?
• Have you performed statistical analysis of corporate data? What tools did you use for the same?
• In your previous assignments, has there been a time, when you had to analyze and mine information for identifying prototypes?
• How should business information be documented? Do you have any particular method that you use?
• Has there been a time, where you managed data accounts, created data accounts? How did you go about the entire process?
• If you are given a database and you are asked to analyze the same for unusual and interesting trends, what are the steps you will take?
• Define dataset with an example.
• Which different tools in SAP can be used for reporting data? Which of the tools have you previously worked on?
• Which steps are a part of data analysis procedure?
• What according to you are the tasks of a data analyst in relation to the database. 
• What achievement are you most proud of? 
• Why do you want to work here? 
• Where do you see your career five years from now? 
• What is your preferred data analysis software and why? 
• How do you develop your data analysis skills and learn new ways to think about data?

What Are the Duties of a Data Analyst?

·         Data Collection:

A data analyst’s work begins with collecting data in accordance with specific requirements and objectives of the research project. Understanding the specific data needs is the key to successful data collection. For collecting data the analyst may deploy one or more data resources from a wide range of resources like – statistical reports, market surveys, government records, financial reports, demographic studies, etc. While some data may be readily available in the form of reports, CDs or over the Internet, more peculiar data means the analyst may have to do a bit of running around. At times the analyst may have to devise his own ways of extracting or collecting data. 

·         Organizing Data

The next important duty of a data analyst is to arrange the collected data in a way so as to make it meaningful and usable. Depending on the type and size of the analysis, the data analyst may use some tools as simple as spreadsheets to the more complex data compilation software. Knowledge of computers and the ability to use complex software is something that is a must for every data analyst. Being familiar with using spreadsheets – like using simple formulas to separate and organize data, are some of the basic requirements for becoming a successful data analyst. This aspect of the data analyst’s duties is more laborious than analytical, requiring long hours of work in front of the computer. Nevertheless, it’s an important part of a data analyst’s job role and responsibilities. The more well organized the data is, the easier it will be to go ahead with the analysis.

·         Analyzing Data

It’s finally at this stage that the data analyst gets to use his analytical abilities – to analyze and interpret what the data means. Analysis is largely automated, but here the analytical abilities of the data analyst mean more than using an automated solution. The analyst has to draw specific data from relational databases and reorganize it into more meaningful information – that addresses some specific objective.

·         Reporting

Although not always, the duties of a data analyst may involve preparing comprehensive reports of the findings of the analysis. In addition to writing good reports the data analyst must be well versed with the use of graphs, charts and statistical tables to objectively present the analysis results for quick and easy reference.

Enter your email address:


Delivered by FeedBurner

Actuarial Science - A Career Beyond Boundaries

What is Actuarial Science?

What is an Actuary?  Actuaries are multi-skilled strategic thinkers, trained in the theory and application of Mathematics, Statistics, Economics, Probability and Finance. They have been called ‘financial architects’ and ‘social mathematicians’, because their unique combination of analytical and business skills are used to address a growing variety of financial and social challenges worldwide.


What skills are needed to be an actuary?
Specialized Maths knowledge
Calculus, Statistics, Probability
Keen analytical, project management and problem solving skills
Good business sense
Finance, Accounting, Economics
Solid communication skills (oral & written)
Strong computer skills

Actuaries are trained to provide a range of valuable services:
Actuarial organizations
Institute of Actuaries of India
Actuarial Society of Malaysia
Actuarial Society of UNSW
Actuarial Society of South Africa
Canadian Institute of Actuaries
Casualty Actuarial Society
Institute of Actuaries / Faculty of Actuaries
International Actuarial Association
International Association of Consulting Actuaries
Israel Association of Actuaries
Society of Actuaries

Who can become Actuary?
A person is eligible to be considered for admission as student member of Institute of Actuaries if he/she satisfies the following conditions:
1)Should have 18 year completed.
2)Should have attained anyone of the following Educational Standards:
(a) Passed 10+2 (H.S.C.) or equivalent with at least 85% in Mathematics/Statistics.
(b) Graduate or Post Graduate in Mathematical Subjects.
(c) Any Engineer/CA/CS/MBA (Finance))/ MCA
(d) Any member of Society of UK/US/Australia

For more details refer www.actuariesindia.org

A student member of Institute of Actuaries have to qualify few papers which are conducted by Institute of Actuaries of India on April/November of every year. These papers are divided in four series namely
Core Techniques (CT) :9 Papers
Core Applications (CA) :3 Papers
Specialist Technical Stage (ST) :6 Papers
Specialist Application Stage (SA) :6 Papers

Employment Opportunities:
Actuaries are business professionals who assess and quantify financial risk. Most actuarial graduates generally find employment opportunities in fields of insurance, employee benefits, pension plans, management consulting, banking and finance.

Actuaries also find employment in government agencies such as the Social Security Administration, Pension Benefit Guaranty Corporation, and Department of Housing and Urban Development in developed nations. Some actuaries also work in brokerage houses and software development companies.

Life Insurers in India
1.Bajaj Allianz Life Insurance Company Ltd. .
2.Birla Sun Life Insurance Co. Ltd.
3.HDFC Standard Life Insurance Co. Ltd.
4.Life Insurance Corporation of India.
5.ICICI Prudential Life Insurance Co. Ltd.
6.ING Vysya Life Insurance Company Ltd.
7.Max New York Life Insurance Co. Ltd.
8.Met Life India Insurance Company Ltd.
9.Kotak Mahindra Old Mutual Life Insurance Ltd.
10.SBI Life Insurance Co. Ltd.
11.Reliance Life Insurance Company Ltd.
12.Tata AIG Life Insurance Company Ltd.
13.Aviva Life Insurance Company India Ltd.
14.Sahara India Life Insurance Co, Ltd.
15.Future Generali India Life Insurance Co, Ltd.
16.Shriram Life Insurance Co, Ltd.
17.Bharti AXA Life Insurance Co, Ltd.
18.IDBI Fortis Life Insurance Co, Ltd.
19.Canara HSBC Oriental Bank of Commerce Life Insurance Co, Ltd.
20.AEGON Religare Life Insurance Company Ltd.
21.DLF Pramerica Life Insurance Co. Ltd.
22.Star Union Dai-ichi Life Insurance Co. Ltd.,
23.India First Life Insurance Company Ltd.

Non-Life Insurers in India
1.Bajaj Allianz General Insurance Co. Ltd
2.ICICI Lombard General Insurance Co. Ltd.
3.IFFCO Tokio General Insurance Co. Ltd.
4.National Insurance Co.Ltd.
5.The New India Assurance Co. Ltd.
6.The Oriental Insurance Co. Ltd.
7.Reliance General Insurance Co. Ltd.
8.Royal Sundaram Alliance Insurance Co. Ltd
9.Tata AIG General Insurance Co. Ltd.
10.United India Insurance Co. Ltd.
11.Cholamandalam MS General Insurance Co. Ltd.
12.HDFC ERGO General Insurance Co. Ltd.
13.Export Credit Guarantee Corporation of India Ltd.
14.Agriculture Insurance Co. of India Ltd.
15.Star Health and Allied Insurance Company Ltd.
16.Apollo Munich Health Insurance Company Ltd.
17.Future Generali India Insurance Company Ltd.
18.Universal Sompo General Insurance Co. Ltd.
19.Shriram General Insurance Company Ltd.
20.Bharti AXA General Insurance Company Ltd.
21.SBI General Insurance Company Ltd.
22.Max Bupa Health Insurance Company Ltd.
23.Raheja QBE General Insurance Company Ltd.

Demand
A report published by The Indian Express on February 16, 2005 based on the proceedings at the 8th Global Conference of Actuaries at New Delhi, India said, "According to the Actuarial Society of India, the industry is likely to generate about one lakh jobs in the next few years."
This is to be compared with the present number of about 130 in India and the current growth rate is not even 5 p.a.!
Today most of the actuarial jobs particularly in product pricing, asset valuations, compensation plan designing and various other non-insurance areas needing actuaries are carried out by MBAs or other professionals who are not ideally competent enough to perform them.
The most important reason for a slow growth rate is poor awareness and lack of educational facilities (inclusive of difficulty of finding suitable faculties) to provide good quality training.


Information About Five-year integrated dual course 
B.Sc. + M.Sc.(Actuarial Science) after H.S.C.

DEPARTMENT OF STATISTICS
SCHOOL OF MATHEMATICAL SCIENCES
NORTH MAHARASHTRA UNIVERSITY,
JALGAON- 425 001, India

Course Objective:
With highly rising demand of actuarial professionals coupled with slow increase in supply resulting into acute shortage of actuaries in India. Main objective to start this course is to create awareness and facilitate good potential candidates to become actuaries and to prepare students to write examinations of Institute of Actuaries.

Nature and Duration of the course:
Five-year integrated dual course B.Sc. + M.Sc. (Actuarial Science) after HSC (12th Standard) is a full time course of five years (ten semesters) duration.

Eligibility Criteria: A candidate who has passed HSC(10+2) from any stream (Science/Commerce/Arts) with one of the subject Mathematics in English medium and has obtained at least 70% marks in Mathematics is eligible to get admission through entrance examination.

Course Fees*: 

For MS students Course BSc-I (Rs. 17645), BSc-II  & III (Rs. 16020), MSc-I & II (Rs.19020)   
For other state of India students Course BSc-I (Rs. 23295), BSc-II  & III (Rs. 21520), MSc-I & II (Rs.25520) 

* For more accurate Fees visit www.nmu.ac.in

Major components of the syllabus: Statistical and Mathematical Methods: Calculus, Linear Algebra, Probability: Distributions, Probability Theory, Survival Models, Statistical Inference, Descriptive Statistics, Regression Analysis, Sampling techniques.
Actuarial Science: Life Contingencies, Life Insurance, Health and Care Insurance, General Insurance, Advance Life Insurance, Advance General Insurance, Advance Health and Care Insurance, Actuarial Risk Management, Enterprise Risk Management
Economics, Finance and Accounting: Principles of Macroeconomics and Microeconomics, Finance and Financial Reporting, Money, Banking and Public Finance, Finance and Investment, Financial Economics.
Computational Methods and Practical: Computer Programming in C++, Programming in R and practical based on Statistical Software Packages like MATLAB, MINITAB, SPSS, SYSTAT and MS-Excel.
Project work: During the last semester of M.Sc. Programme students are supposed to go through project work based on Industrial training/Internship. Students will be encouraged to take up projects in the field of Banking/Financial Systems/Insurance and related area.

Important Dates: 
Last Date of submission of Application form : 16.07.2012
Declaration about conduction of Entrance Test : 16.07.2012
Date and time of Entrance Test (If required) : 18.07.2012 at 11:00a.m.
Display of Entrance Test result and Merit List : 18.07.2012

Date of Spot Admission : 23.07.2012
Date of commencement of lectures : 25.07.2012

For further details please contact: 
1.Prof. Dr. R. L. Shinde, Head, Department of Statistics, North Maharashtra University, Jalgaon - 425 001. Phone: (O): (0257) 2257467, (M): 9420943752.
2.Dr. (Mrs.) K. K. Kamalja, Phone:(M): 9421515631
E-mail (Department): statistics.nmu@gmail.com