Business Mathematics & Statistics

Presented to : Sir Sohail Javaid Presented by : waQas ilYas (BA 582702)

Today’s topicContingency Table analysis and

its Benefit for Organization

What is Contingency Table?A table with at least two rows and two columns used in statistics to present the data.It displays frequency distribution (Observed frequency) of the variables.It shows the distribution of one variable in rows and another in columns.It is used to study the correlation between the two variables.

Example of Contingency Table

Groups Dogs Cats Total

Males 42 10 52

Females 9 39 48

Total 51 49 100

Marginal TotalsVariables involved in the experiment and tabulated in contingency table are called marginal totals.

A simple 2 x 2 Contingency Table

• Prescriptive• Expertise and Research• Leader Identification• Flexibility

Why We Need Contingency Table? (Benefits & Advantages)

Practical Study of the Organization with Respect to Topic

MCB Bank Limited (formerly Muslim Commercial Bank) previously named as a (Mansoor Co-operative Bank) was incorporated by the Adamjee Group on July 9, 1947.The bank was nationalized in 1974 during the government of Zulfikar Ali Bhutto. This was the first bank to be privatized in 1991 and the bank was purchased by a consortium of Pakistani corporate groups led by Nishat Group.

SWOT AnalysisStrengths

Skilled Statistician persons.

Weakness

Errors Makes Poor Decision Making.

Threats

Competition with Competitors.

Opportunities

Less Opportunities of Non Experience Persons.

I Conclude that Contingency Table is very important Statistical tool which easily implement on so much Organizations, MCB is one of them.

Conclusion

In the End after long Discussion me Recommend that Contingency Table play Important role of the development of the business.With this we are in a Positions to take Decisions for the betterment of the business.

Recommendations