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GALGOTIAS UNIVERSITY, GREATER NOIDA SCHOOL OF BUSINESS

Course Outline Program Batch Semester Course Title Course Code Course Credits Instructor Revised on : : : : : : : : MBA 2013-15 I Quantitative Techniques MBA511 3 Dr. Sanjeev Jain June, 2013

1. Course Description This course is designed to equip students with the basic tools of collecting, analysing, presenting, and interpreting data. Given that statistical techniques are widely used in a variety of disciplines today, the methodological proficiency acquired as result of this course will benefit students in future courses and careers regardless of whether their core interest is in Finance, Human Resources, MIS or Marketing. The focus of the course is on understanding the concepts behind a wide set of statistical methodologies and their relation to specific business situations, rather than on mastering the theoretical underpinnings of those techniques. 2. Course Objectives The core objective of this course is to provide students with a sound conceptual understanding of the role that statistical analysis plays in the decision-making process today. The coursewill be offered in four modules, and aims to provide a comprehensive overview of statistical methods andits applications in business. Upon successful completion, students will possess valuable practicalanalytical skills that will enable them to provide a statistical framework to various business problems inorder to objectively evaluate them from various perspectives. 3. Course Pre-requisite Students are expected to possess elementary knowledge of mathematics. 4. Course Outcomes 4.1. Understand the meaning of statistical terms used in modern day business practices. 4.2. Present and/or interpret data in tables and charts.

4.3. Application of descriptive statistical measures in business situations. 4.4. Understand the concept of probability distributions to model different types of business processes. 4.5. Appreciate the importance of sampling and statistical inference in business situations. 4.6. Develop a progressive understanding of simple linear regression analysis. 5. Prescribed Text: Bajpai, Naval (2009).Business Statistics. Delhi: Pearson. 6. Additional References: 6.1. Anderson,David R., Sweeney, Dennis J. and Williams, Thomas A. (2011).Statistics for Business and Economics.Cengage Learning India. 6.2. Keller, Gerald (2012). Managerial Statistics.Cengage Learning India. 6.3. Black, Ken (2010). Business Statistics: For Contemporary Decision Making. Hoboken, NJ: Wiley. 7. Pedagogy 7.1. Lectures 7.2. Case studies 7.3. Independent directed readings 8. Evaluation Scheme 8.1. Continuous Evaluation (20 Marks) 8.1.1. 2 short quizzes 20 Marks 8.2. Centralised Evaluation (80 Marks) 8.2.1. CAT-1 15 Marks 8.2.2. CAT-2 15 Marks 8.2.3. SEE 50 Marks Total 100 Marks

9. Session wise instruction plan Session Module No. Charts & Graphs, Measures of Central 1-10 Tendency, Measures of Dispersion 11 20 Probability Topic Graphical presentation of data Measures of central tendency & mathematical averages Positional averages & partition values Measures of dispersion Measures of shape Probability Theory Core Reading Additional Readings

Chapter 2,3 and 4

Chapter 5,6

Keller

and Probability distributions

Probability distributions

and 7

Chapters 6, 8

21 35

Sampling and sampling distribution, Central Limit Theorem, sample size determination Sampling and Point and Interval estimation Statistical Hypothesis testing (single and Inference two populations; z, t and F tests) Hypothesis testing for categorical data(2- test) Correlation and Regression

Chapter 8,9,10,11,13

Keller Chapter 9

36 40

Correlation and Regression

Chapters 4, 14

10. Faculty Contact Hours To be announced in the class