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Handout 1 Problem Setting

The document discusses the process of defining and addressing the problem of assessing the academic quality of a new batch of students at the University of Lucknow. It contrasts subjective and objective decision-making approaches, emphasizing the importance of data collection and processing in transforming raw data into meaningful insights for better decision-making. Key features for evaluating academic quality include various academic scores and demographic factors.

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4 views9 pages

Handout 1 Problem Setting

The document discusses the process of defining and addressing the problem of assessing the academic quality of a new batch of students at the University of Lucknow. It contrasts subjective and objective decision-making approaches, emphasizing the importance of data collection and processing in transforming raw data into meaningful insights for better decision-making. Key features for evaluating academic quality include various academic scores and demographic factors.

Uploaded by

powowac486
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Statistics

Dr. Masood H. Siddiqui


Professor & Head, Dept. of Statistics
University of Lucknow

Session 1: Problem Setting


Defining the problem
o The new batch that has just taken admission in the Institute

o ‘Problem’:
▪ Program Office has a task to decide the ‘academic quality’ of the batch for academic and
placement training purpose…
Defining the problem
o Decision-making approaches:
▪ HiPPO Approach : Subjective approach

▪ Data Driven Decision Making Approach : Objective approach


Defining the problem
o Real life decision-making ‘problems’ are ill-defined

o Defining the problems:


▪ Identifying the ‘features’/ ‘variables’/ ‘parameters’…..
Defining the problem
o Academic Quality:
▪ 10th score

▪ 12th score

▪ Graduation score

▪ Entrance examination score

▪ Gender

▪ Graduation subject-stream
Defining the problem
o Data:
▪ Information vs Numbers

o Collection of data on the features:


▪ Metric data vs Non-metric data
▪ Primary data vs Secondary data
▪ Census vs Sample

o Why ‘STATISTICS’???????
Statistics
o Data processing:

▪ Purpose
▪ To draw meaningful information from a large mass of data
▪ Making the data ‘useful’
▪ Scientifics process of transforming “data” into “insights” for having “better” decisions
Arranging Data
o Information before it is arranged and analyzed is called raw data because it is seldom
directly useful.

o Purpose:
▪ To convert raw data to useful information by picking out meaningful pattern in the
data and coming to the logical conclusions.

o Arranging Data:
▪ Using Data Array
▪ Using Frequency Distribution
Thank You!

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