Maybe it'll help somebody from Analytics profile
next year :) GD topic:
Positive discrimination is like paying for the past.
Had an awesome GD. Came up with lot of good points. Easily the best performer of my group.
My points- I was the only person in group who bought points other than caste based reservation.
1) women's reservation.
2) Farm loan waiver
3) People who migrated from Pakistan at time of division got reservation in licenses of petrol pumps, kerosene shops etc.
4) We should see it as investing in future rather than paying for past. It's an aim to give equal opportunities to all, which is a fundamental right.
5) A positive can not exist without negative. If some sections of society are positively discriminated then that means other sections are being negatively discriminated. So it should be seen as measure to make people self sufficient rather than making them dependent.
P1: So Abhishek. How are you?
Me: Am good.
P1: So you're into analytics? What does beta in linear regression equation tells you?
Me: Sir it tells us the impact of that individual variable.
P1: Write and explain.
Me: Wrote down regression equation.
Y= a + b1 X1 + b2 X2+..+bN Xn + e (read b as beta)
So now b1 will tell me impact of variable X1 ie how will my dependent vary if I only vary X1 keeping all other variables constant.
P1: But then that never happens. In real world, you can't keep all the other variables constant. Can you?
Me: No Sir.
P1: So that means this is just a theoretical concept and has no practical application.
Me: (Confused. Ye khan se aa gaya. Kya bol rahe hain. Samajh nahin aa rha :banghead:). Sir I'm just showing a part of real world problem. In real world all N variables will be changing and maybe you can relate it to solving an equation with N variables
(BTW I just knew regression equation from my work. I don't know the theoreticial concepts behind regression and just said whatever felt like.)
P1: So that means it's just a theoretical concept?
Me: No Sir.
(Lets it go)
P1: But why do you need regression? Even correlation can tell you relationship between two variables. What's the difference?
Me: Sir, correlation simply tells me how they are related, not the causality.(Don't know why I said causality without even knowing exact meaning of the term :oops:).
P1: What do you mean?
Me: Sir , in regression you have the dependent variable and it tells you how it is being affected by independent variable. It gives the relationship that if I change X, my Y will change like this. But in correlation, I just get to know these two are related. If one is causing other, or other is causing one or some third variable is causing both of them, we don't know.
P1: (I had not articulated the above point well. But he got my point.He was satisfied and moved on) So how many types of correlation you know?
Me: Sir I use Pearson's correlation, which is by default. It tells the linear relationship between two variables. Don't know of others.
P1: Spearman's correlation?
Me: No Sir.
P1: Who was Pearson's?
Me: Don't know. Maybe a scientist.
P1: You play Hawaiian guitar. Why is it called Hawaiian?
Me: (Saying slowly)Maybe it was originated in Hawaii. Don't know.
P1: Which other guitar is there?
P1: What's the difference.?
Me: Told something. Gave an average answer.
Now P2 stared grilling me.
P2: Why are your marks low in second year?
Me: Sir I won't give an excuse. I didn't study and hence my marks are low. I got distracted. :lookround:
Me: Sir I was a very studious person till 12th. In 1st year I was in top 10 of my batch. I thought I have always studied and should have some fun. I did a mistake.
P2: What is optical fiber? Why is it used
Me: I only know it is used as loss in optical fiber is very low and it uses the concept of total internal reflection. Other than that I don't remember Sir.
P2: What are your reading habits?
Me: Sir I don't read often.
P2: Still you would have read something?
Me: Sir last book I had read was Fortune at the bottom of pyramid.
P2: What is the point of C.K. Prahlad in that.
P2: So this tells how will companies benefit by targeting to poor people. Tell me how it'll help removing poverty?
Me: (Had forgotten what I read. I had read it long time back Thought hard for 2 mins
). Sir, I'm thinking on the lines that since companies are selling good to poor people, some how poor people will benefit in a way that they come out of povert.
Me: told them that I Don't remember. Then Gave some fundae.
P2: (got frustrated) How is this going to happen? What are you saying? You say you're from Kanpur. You think anything has changed. When you had been the last time?
(I was unable to understand what he wanted to say and what point of mine he did not like.)
Sir 2.5 years back.
P2: (getting angry. Don't know why) So your parents don't live in Kanpur. Do they?
Me: Sir they do. My schooling has been from kanpur too. It's just that I was involved in opening of coaching center and it was a big responsibility. Further on holidays and weekends I used to take classes while on weekdays I used to meet faculty, conduct seminars , do marketing. So it was really heavy and did not got time to visit home for some time (Don't know if they took in positive sense that I'm really hardworking or in negative sense that I neglect my family because of work load)
P2: How will your experience of opening up a MBA center help in present job(didn't hear the question properly).
Me: Answered something. He was not convinced. Then again answered something. Still not convinced.
P2: In GD, you had said point about farmer's loan waiver? How was that relevant?
Me: Sir there are so many loans in market, home loans, car loan, education loan. Why only waive farmer's loan then? I feel it was a positive discrimination as that was really needed to make up for mistakes of past i.e. neglecting farmer's plight.
P2: So you think that was a good idea. Has it helped?
Me: I don't think so sir. There were news of increasing of farmer's suicide in that region.
P2: What? When did this happened due to farm loan waiver.
Me: (Damn! Said it wrong) No Sir. I mean due to other policies of government that involved compensating farmers families in case of suicide.
P2: So you think farm loan waiver was good?
Me:Sir, I think idea was good but the way it was implanted was not. Most of the farmers had borrowed from private money lenders and they did not get any help. Further there was also a cap on size of farm land owned.
P2: But then what can government do if people borrow from private money lenders? They can only waive off loan taken from banks. That they did.
Me: Sir but I feel that they could've still implemented it in a better way.
(Turn of P1)
P1: What is sarvodaya movement? Your address says you live in Sarvodaya Nagar.:banghead:
Me: Don't know.
P1: Who started it?
Me: Don't remember.
P1: Mahatma Gandhi, Subhash Chandra Bose?
P1: Vinoba Bhave.
Me: Yes sir I think so.
P1: Are you sure?
Me: No sir.
P1: You don't seem like a very inquisitive person. You are not aware of your surroundings.
P1: What are your weakness?
Me: I tend to get emotional in my job.
P1: So what's bad in that? It's good to be emotional about your job.
Me: No sir. For example, one of my visiting faculty was not performing good and I had to ask her to leave. But I was unable to take that step which led to lot of losses. I can't be the good guy everytime. At times you need to be the bad guy too when you're managing a team or company.
P1: Any other weakness?
Me: (Thinking for 2 mins) I can't think of any other sir right now.
P1: Come on. Only one weakness?
Me: (Thinking again for 2 mins) Sir maybe I'm less inquisitive about my surrounding as you pointed earlier.
P1 starts laughing. Asks me about other calls. Goodbyes.
P1 was impressed with me. P2 was disappointed as I felt he had lots of expectations from me after my GD performance and I messed it up. Let's see to what extent I messed it up.