Wednesday, May 17, 2017

Applied Statistics


We all have learned statistics in our preliminary mathematics classes where we learn mean, median and mode.In higher classes we lean more about standard deviations and variance.

Wit lot of focus now going into analytics and big data, need & field of statistics has been growing at a rapid pace. There are various distributions which can explain the variance between the data and help us to predict behavior/result of certain inputs if the output is following certain distirbution.

Then there are regression analysis who helps us to directly establish linkage between two variables and let us know these are impacting each other. To learn more about reression click here.

Statistics has various applications and is used mostly in places where some kind of prediction is required -
  • Stock market is a place where statistics are used widely and help analysts to decode the pattern if any. 
  • Effectiveness of medicines is estimated using statistical probabilities.
  • Increased risk in the global markets have again made regulators look into statistics to find the default probabilities and capital required for that.

Tuesday, May 16, 2017

Learning English as Second Language



Some facts on languages – 
 
Most spoken languages? Mandarin, English, Hindi & Spanish
Most spoken Native Langauge? Mandarin, English, Spanish & Hindi
Most used business language? English

Learning english in today's time has become a necccesity due to increased globaliation and the way business is done across states/nations. English helps us(Indians) to overcome language barrier due to multiple languages being spoken in India.
Communication (esp Spoken English) is one field where most of the students/business-men from small cities lack and can be impediment to their personal and professional growth.

To start with, there are few things that can help us -

  • Create a plan to learn the langauge where equal amount of time is devoted to reading, writing, speaking & listening.
  • Reading newpapers, books and articles can help you to improve your vocabulary.
  • Watching movies or news can improve your listening skills and accent of the language can be learnt easily.
  • Try to talk to yourself as it will help to improve speaking and overcome shyness.
  • Try to find a partner with whom you can speak without any hesitation and who will encourage you to improve.
  • Start writing, even if it is a small article. Slowly build on to write longer articles which will help you to catch english quickly.
  • Don't hesitste to admit your mistake since it will help you to improve.

At last, Start enjoying the language as it should be a fun to learn for you to continue !!