Mba ZC417-QM

BIRLA INSTITUTE OF TECHNOLOGY & SCIENCE, PILANI
WORK INTEGRATED LEARNING PROGRAMMES

Digital
Part A: Content Design

Course Title Quantitative Methods
Course No MBA ZC417
Credit Units 4
Credit Model
Content Authors Shekhar Rajagopalan
Course Objectives (CO)

CO-1 To provide an understanding of concepts and techniques of Business
Statistics
CO-2 To provide an understanding of concepts and techniques of Management

Science
CO-3 Using computer software to solve Business Statistics and Management

Science problems.
Textbooks (T)
T-1 David R Anderson, Dennis J Sweeney, Thomas A Williams,
(Business Statistics) Jeffrey D. Camm and James J. Cochran, Statistics for
Business and Economics. Twelfth edition. Cengage Learning.
2014.
T-2 David R Anderson, Dennis J Sweeney, Thomas A Williams,
(Management Science) Jeffrey D Camm and Kipp Martin. Quantitative Methods for
Business. Twelfth edition. Cengage Learning. 2013.
Reference Books (R)

R-1 Ken Black. Business Statistics. Fifth edition. Wiley. 2010.
(for Business Statistics)
R-2 Amir D Aczel, Jayavel Sounderpandian, Palanisamy Saravanan

(for Business Statistics) and Rohot Joshi. Complete Business Statistics. Seventh
edition. McGraw Hill. 2012
R-3 Fredrick S Hillier and Mark S Hillier. Introduction to
(for Management Science) Management Science. Fourth edition. McGraw Hill. 2015.
R-4 Barry Render, Ralph M Stair, Michael E Hanna and TN Badri.
(for Management Science) Quantitative Analysis for Management. Tenth edition.
Pearson Education. 2011.
Content Structure
Part-I: Business Statistics
1. Data and Statistics
1.1 Applications in Business and Economics
1.2 Data
1.3 Data Sources
1.4 Descriptive Statistics
1.5 Statistical Inference
1.6 Computers and Statistical Analysis
2. Descriptive Statistics: Tabular and Graphical Presentations
2.1 Summarizing Qualitative Data
2.2 Summarizing Quantitative Data
2.3 Cross Tabulation and Scatter Diagrams
3. Descriptive Statistics: Numerical Measures
3.1 Measures of Location
3.2 Measures of Variability
3.3 Measures of Shape, Relative Location and Detecting Outliers
3.4 Exploratory Data Analysis
3.5 Measures of Association between Two Variables
4. Probability
4.1 Basic probability concepts
4.2 Conditional probability
4.3 Bayes’ Theorem
5. Discrete probability distributions
5.1 Probability distribution for a discrete random variable
5.2 Binomial distribution
5.3 Poison distribution
6. Continuous Probability distribution
6.1 Uniform probability distributions
6.2 Normal probability distribution
6.3 Exponential probability distribution
7. Sampling and Sampling Distributions
7.1 Simple Random Sampling
7.2 Point Estimation
7.3 Introduction to Sampling Distribution
7.4 Sampling Distribution of the Mean
7.5 Sampling Distribution of Proportion
7.6 Properties of Point Estimators
7.8 Other Sampling Methods
8. Interval Estimation
8.1 Confidence interval estimation for the mean (σ known)
8.2 Confidence interval estimation for the mean (σ unknown)
8.3 Determining sample size
8.4 Confidence interval estimation for the proportion
9. Fundamentals of Hypothesis Testing
9.1 Hypothesis testing methodology
9.2 Z test of Hypothesis for the mean (σ known)
9.3 t test of Hypothesis for the mean (σ unknown)
9.4 Z test of Hypothesis for the proportion
10. Two-Sample Tests
10.1 Comparing means of two independent populations
10.2 Comparing means of two related populations
10.3 Comparing two population proportions
11. Inferences about Population Variances
11.1 Inferences about a Population Variance
11.2 Inferences about Two Population Variances
12. Tests of Goodness of Fit and Independence
12.1 Goodness of Fit Test: A Multinomial Population
12.1 Test of Independence
13. Experimental Design and ANOVA
13.1 An Introduction
13.2 ANOVA and the Completely Randomized Design
14. Simple Linear Regression
14.1 Simple Linear Regression Model
14.2 Least Square method
14.3 Coefficient of Determination
14.4 Model Assumptions
14.5 Testing for Significance
14.6 Computer Solution
Part-II: Management Science

15 An Introduction to Linear Programming
12.1 A simple optimization problem
12.2 Graphical solution procedure
12.3 Extreme points and the optimal solution
12.5 Special cases
12.6 General Linear Programming Notation
12.7 Solving LP using Excel Solver
16. Linear Programming: Sensitivity Analysis
13.1 Objective Function Coefficients
13.2 Right Hand Sides
17. Linear Programming Applications in
13.1 Marketing, Finance, and Operations Management
13.2 Distribution and Network Models
Learning Outcomes (LO)

LO-No Learning Outcome
LO-1 The student should be able to formulate and solve problems related to
topics covered in this course.
LO-2 The student should be able to solve the problems using Microsoft Excel.
Part B: Learning Plan
Academic Term First Semester 2018-2019

Course Title Quantitative Methods
Course No MBA ZC417
Lead Instructor Shekhar Rajagopalan
Contact Hour 1
Content
Type Reference Topic Study/HW Resource Reference
Read Chapter 1 (T1)
Pre CH 1 Data & Statistics Watch Video Recordings
During CH 1 Introduction, Data & Statistics Chapter 1 (T1)
Post CH 1 Data & Statistics Solve selected textbook problems
Contact Hour 2
Content
Read Chapters 1, 2, 3 (T1)
Pre CH 2, 3 Descriptive Statistics Watch Video Recordings
During CH 2, 3 Descriptive Statistics Chapters 1, 2, 3 (T1)
Post CH 2, 3 Descriptive Statistics Solve selected textbook problems
Contact Hour 3
Content
Read Chapter 4;
Pre CH 4 Probability Watch Video Recordings
During CH 4 Probability Chapter 4 (4.1 – 4.3) (T1)
Post CH 4 Probability Solve selected textbook problems
Contact Hour 4
Content
Read Chapter 5 (T1)
Pre CH 4 Probability Distributions Watch Video Recordings
During CH 4 Probability Distributions Chapter 5 (5.1 - 5.5) (T1)
Post CH 4 Probability Distributions Solve selected textbook problems
Contact Hour 5
Content
Read Chapter 6 (T1);
Pre CH 5 Probability Distributions Watch Video Recordings
During CH 5 Probability Distributions Chapter 6 (6.1, 6.2, 6.4) (T1)
Post CH 5 Probability Distributions Solve selected textbook problems
Contact Hour 6
Content
Sampling and Sampling Read Chapter 7 (T1);
Pre CH 6 Distributions Watch Video Recordings
Sampling and Sampling
During CH 6 Distributions Chapter 7 (7.1 to 7.8) (T1)
Sampling and Sampling
Post CH 6 Distributions Solve selected textbook problems
Contact Hour 7
Content
Pre CH 7 Confidence Interval Watch Video Recordings
During CH 7 Confidence Interval Chapter 8 (8.1 and 8.4) (T1)
Post CH 7 Confidence Interval Solve selected textbook problems
Contact Hour 8
Content
Pre CH 8 Hypothesis Testing Watch Video Recordings
During CH 8 Hypothesis Testing Chapter 9 (9.1 – 9.5) (T1)
Post CH 8 Hypothesis Testing Solve selected textbook problems
Contact Hour 9
Content
Contact Hour 10
Content
Contact Hour 11
Content
Pre CH 10 Two Sample Tests Read Chapter 10 (T1)
During CH 10 Two Sample Tests Chapter 10 (10.1 – 10.4) (T1)
Post CH 10 Two Sample Tests Solve selected textbook problems
Contact Hour 12
Content
Pre CH 11 Inference about Variances Read Chapter 11 (T1)
During CH 11 Inference about Variances Chapter 11 (T1)
Post CH 11 Inference about Variances Solve selected textbook problems
Contact Hour 13
Content
Test of Goodness of Fit &
Pre CH 12 Independence Read Chapter 12 (T1)
During CH 12 Independence Chapter 12 (12.1 – 12.2) (T1)
Post CH 12 Independence Solve selected textbook problems
Contact Hour 14
Content
Pre CH 13 ANOVA Watch Video Recordings
During CH 13 ANOVA Chapter 13 (13.1 – 13.2) (T1)
Post CH 13 ANOVA Solve selected textbook problems
Contact Hour 15
Content
Pre CH 13 ANOVA Watch Video Recordings
During CH 131 ANOVA Chapter 13 (13.1 – 13.2) (T1)
Post CH 13 ANOVA Solve selected textbook problems
Contact Hour 16
Content
Pre CH 14 Simple Linear Regression Watch Video Recordings
Chapter 14 (14.1 – 14.7); Appendix
During CH 14 Simple Linear Regression 15.2 (T1)
Post CH 14 Simple Linear Regression Solve selected textbook problems
Contact Hour 17
Content
Pre CH 14 Simple Linear Regression Watch Video Recordings
Chapter 14 (14.1 – 14.7); Appendix
During CH 14 Simple Linear Regression 15.2 (T1)
Post CH 14 Simple Linear Regression Solve selected textbook problems
Contact Hour 18
Content
Pre CH 15 An Introduction to LP Watch Video Recordings
During CH 15 An Introduction to LP Chapter 7 & Appendix 7.3 (T2)
Post CH 15 An Introduction to LP Solve selected textbook problems
Contact Hour 19
Content
Read Chapter-8; Appendix 8.1 (T2)
Pre CH 16 Sensitivity Analysis & Excel Solver Watch Video Recordings
During CH 16 Sensitivity Analysis & Excel Solver Chapter-8 (8.1 – 8.3) (T2)
Post CH 16 Sensitivity Analysis & Excel Solver Solve selected textbook problems
Contact Hour 20
Content
Pre CH 17 Linear Programming Applications Read Chapter 9 (T2)
During CH 17 Linear Programming Applications Chapter 9 (9.1 – 9.3) (T2);
Post CH 17 Linear Programming Applications Solve selected textbook problems
Contact Hour 21
Content
Pre CH 17 Linear Programming Applications Read Chapter 9 & 10 (T2)
17 Chapter 9 (9.1 – 9.3) & 10 (10. –
During CH Linear Programming Applications 10.3) (T2);
Post CH 17 Linear Programming Applications Solve selected textbook problems
Evaluation Scheme:
Legend: EC = Evaluation Component; AN = After Noon Session; FN = Fore Noon Session
No Name Type Duration Weight Day, Date, Session, Time
EC-1 Quiz-I Online - 5% September 10 – 20, 2018
Quiz-II 5% October 20 – 30, 2018
Experiential 15% November 10 – 20, 2018
Learning
EC-2 Mid-Semester Test Closed Book 2 hours 30% 29/09/2018 (AN) 2 PM – 4 PM
EC-1 Comprehensive Open Book 3 hours 45% 24/11/2018 (AN) 2 PM – 5 PM

Exam
Syllabus for Mid-semester examination (Closed Book): Topics in Session Nos. 1 to 10.
Syllabus for End-semester examination (Open Book): All topics in Session Nos. 1 to 21.
Experiential Learning: There will be one assignment which will focus on Descriptive Statistics.
Important links and information:
Elearn portal: https://elearn.bits-pilani.ac.in

Students are expected to visit the Elearn portal on a regular basis and stay up to date with the
latest announcements and deadlines.
Contact sessions: Students should attend the online lectures as per the schedule provided on the
Elearn portal.
Evaluation Guidelines:
1. EC-1 consists of either two Assignments or three Quizzes. Students will attempt them through
the course pages on the Elearn portal. Announcements will be made on the portal, in a timely
manner.
2. For Closed Book tests: No books or reference material of any kind will be permitted.
3. For Open Book exams: Use of books and any printed / written reference material (filed or
bound) is permitted. However, loose sheets of paper will not be allowed. Use of calculators is
permitted in all exams. Laptops/Mobiles of any kind are not allowed. Exchange of any material
is not allowed.
4. If a student is unable to appear for the Regular Test/Exam due to genuine exigencies, the
student should follow the procedure to apply for the Make-Up Test/Exam which will be made
available on the Elearn portal. The Make-Up Test/Exam will be conducted only at selected
exam centres on the dates to be announced later.
It shall be the responsibility of the individual student to be regular in maintaining the self study
schedule as given in the course handout, attend the online lectures, and take all the prescribed
evaluation components such as Assignment/Quiz, Mid-Semester Test and Comprehensive Exam
according to the evaluation scheme provided in the handout.

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BIRLA INSTITUTE OF TECHNOLOGY & SCIENCE, PILANI

WORK INTEGRATED LEARNING PROGRAMMES

Part A: Content Design

Course Objectives (CO)

CO-2 To provide an understanding of concepts and techniques of Management

CO-3 Using computer software to solve Business Statistics and Management

Reference Books (R)

R-2 Amir D Aczel, Jayavel Sounderpandian, Palanisamy Saravanan

Part-II: Management Science

Learning Outcomes (LO)

Academic Term First Semester 2018-2019

EC-1 Comprehensive Open Book 3 hours 45% 24/11/2018 (AN) 2 PM – 5 PM

Important links and information:

Elearn portal: https://elearn.bits-pilani.ac.in

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