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BIRLA INSTITUTE OF TECHNOLOGY & SCIENCE, PILANI

WORK INTEGRATED LEARNING PROGRAMMES


COURSE HANDOUT
Academic Term

SECOND SEMESTER 2014-2015

Course Title

Quantitative Methods

Course ID No.

MM ZG515

Instructor(s)

Dr Rajesh Matai

Course Modules
Module No Module Title

Objectives

Data Collection and Presenting data

Collecting data and types of data,


Tables and charts for Categorical and Numerical
data, Cross tabulations and scatter diagrams

Numerical Descriptive Measures

Measures of central tendency, variation and


shape, Numerical descriptive measures for a
population

Basic Probability

Basic probability concepts, Conditional


probability, Bayes Theorm

Discrete probability distributions

Probability distribution for a discrete random


variable, Binomial and Poison distributions

Continuous probability distributions and


Normal distribution

Continuous probability distributions, Normal


distribution

Sampling and Sampling Distributions

Sampling distributions, Sampling distribution of


mean, Sampling distribution of proportion, Types
of sampling methods

Confidence Interval Estimation

Confidence interval estimation for the mean (


known), Confidence interval estimation for the
mean ( unknown), Confidence interval
estimation for the proportion, Determining
sample size

Fundamentals of Hypothesis Testing: One- Hypothesis testing methodology, Z test of


Sample Tests
Hypothesis for the mean ( known), One tail
tests, t test of Hypothesis for the mean (
unknown), Z test of Hypothesis for the proportion

Review Session Lecture 1 to 8

10

Two-Sample Tests

Comparing means of two independent


populations, Comparing means of two related
populations, Comparing two population
proportions, F test for the difference between two
variances

11

One-Way ANOVA

ANOVA

12

Chi-Square Tests

Chi-Square Test for differences among more than


two proportions, Test of goodness of fit, Test of
independence

13

Linear Programming Problems (LPP)

Introduction, Requirements of a Linear


Programming Problem, Formulating LP
Problems, Graphical Solution to an LP Problem,
Solving Minimization Problems, Four Special
Cases in LP

14

LPP: Simplex method

Convert LP constraints to equalities with slack,


surplus, and artificial variables, Set up and solve
LP problems with simplex tableaus, Interpret the
meaning of every number in a simplex tableau

15

LPP: Simplex method (Continue)

Recognize special cases such as infeasibility,


unboundedness, and degeneracy, Use the simplex
tables to conduct sensitivity analysis

16

Transportation problem

Structure special LP problems using the


transportation and assignment models, Use the
northwest corner, VAM, MODI methods for
solving transportation problem

17

Assignment problem

Solve assignment problems with the Hungarian


(matrix reduction) method

18

Review Session Lecture 10 to 17

Text Book(s)
T1
D.M. Levine, T.C. Krehbiel, M.L. Berenson and P. K. Viswanathan, Business Statistics: A
First Course, Pearson Education, 5th Ed., 2011.
T2

Render, Stair & Hanna, Quantitative Analysis for Management, Pearson Education, 10 th Ed.,
2011.

Reference Book(s) & other resources


R1
Ken Black, Business Statistics: For Contemporary Decision Making, Wiley, 5 th Edition,
2010.
R2

Hillier and Hillier, Introduction to Management Science, 3 rd Edition, Tata McGraw Hill, 2011

Self-Study & Contact Session Plan


Module Title: Data Collection and Presenting data
Session 1
Topic No. Topic Title

Reference

1.1

Course outline and details

1.2

Collecting data and types of data

T1-Ch. 1

1.3

Tables and charts for Categorical and Numerical data

T1-Ch. 2

1.4

Cross tabulations and scatter diagrams

T1-Ch. 2

Module Title: Numerical Descriptive Measures


Session 2
Topic
Topic Title
No.

Reference

2.1

Measures of central tendency, variation and shape

T1- Ch. 3

2.2

Numerical descriptive measures for a population

T1- Ch. 3

Module Title: Basic Probability

Session 3
Topic
Topic Title
No.

Reference

3.1

Basic probability concepts

T1-Ch.4

3.2

Conditional probability

T1-Ch.4

3.3

Bayes Theorm

T1-Ch.4

Module Title: Discrete probability distributions


Session 4
Topic
Topic Title
No.

Reference

4.1

Probability distribution for a discrete random variable

T1-Ch. 5

4.2

Binomial distribution

T1-Ch. 5

4.3

Poison distribution

T1-Ch. 5

Module Title: Continuous probability distributions and Normal distribution


Session 5
Topic
Topic Title
Reference
No.
5.1

Continuous probability distributions

T1- Ch. 6

5.2

Normal distribution

T1- Ch. 6

Module Title: Sampling and Sampling Distributions


Session 6
Topic
Topic Title
No.

Reference

6.1

Sampling distributions

T1-Ch.7

6.2

Sampling distribution of mean

T1-Ch.7

6.3

Sampling distribution of proportion

T1-Ch.7

6.4

Types of sampling methods

T1-Ch.7

Module Title: Confidence Interval Estimation


Session 7
Topic
Topic Title
No.

Reference

7.1

Confidence interval estimation for the mean ( known)

T1-Ch.8

7.2

Confidence interval estimation for the mean ( unknown)

T1-Ch.8

7.3

Confidence interval estimation for the proportion

T1-Ch.8

7.4

Determining sample size

T1-Ch.8

Module Title: Fundamentals of Hypothesis Testing: One-Sample Tests


Session 8
Topic
Topic Title
Reference
No.
8.1

Hypothesis testing methodology

T1-Ch.9

8.2

Z test of Hypothesis for the mean ( known)

T1-Ch.9

8.3

One tail tests

T1-Ch.9

8.4

t test of Hypothesis for the mean ( unknown)

T1-Ch.9

8.5

Z test of Hypothesis for the proportion

T1-Ch.9

Session 9: Review Session


Mid-Semester Test (Closed Book): Topics in Session 1 to 8
Module Title: Two-Sample Tests
Session 10
Topic
Topic Title
No.

Reference

10.1

Comparing means of two independent populations

T1-Ch.10

10.2

Comparing means of two related populations

T1-Ch.10

10.3

Comparing two population proportions

T1-Ch.10

10.4

F test for the difference between two variances

T1-Ch.10

Module Title: One-Way ANOVA


Session 11
Topic
Topic Title
No.
11.1

One-Way ANOVA

Module Title: Chi-Square Tests


Session 12
Topic
Topic Title
No.

Reference
T1-Ch.10

Reference

12.1

Chi-Square Test for differences among more than two


proportions

T1-Ch.11, R1-Ch.12

12.2

Test of goodness of fit

T1-Ch.11, R1-Ch.12

12.3

Test of independence

T1-Ch.11, R1-Ch.12

Module Title: Linear Programming Problems (LPP)


Session 13
Topic
Topic Title
No.

Reference

13.1

Introduction

T2-Ch.7

13.2

Requirements of a Linear Programming Problem

T2-Ch.7

13.3

Formulating LP Problems

T2-Ch.7

13.4

Graphical Solution to an LP Problem

T2-Ch.7

13.5

Solving Minimization Problems

T2-Ch.7

13.6

Four Special Cases in LP

T2-Ch.7

Module Title: LPP: Simplex method


Session 14
Topic
Topic Title
No.
14.1

Convert LP constraints to equalities with slack, surplus,


and artificial variables

Reference
T2-Ch.9

14.2

Set up and solve LP problems with simplex tableaus

T2-Ch.9

14.3

Interpret the meaning of every number in a simplex


tableau

T2-Ch.9

Module Title: LPP: Simplex method (Continue)


Session 15
Topic
Topic Title
No.

Reference

15.1

Recognize special cases such as infeasibility,


unboundedness, and degeneracy

T2-Ch.9

15.2

Use the simplex tables to conduct sensitivity analysis

T2-Ch.9

15.3

LPP Applications

T2-Ch.8

Module Title: Transportation problem


Session 16
Topic
Topic Title
No.

Reference

16.1

Structure special LP problems using the transportation and T2-Ch.10


assignment models

16.2

Use the northwest corner, VAM, MODI methods for


solving transportation problem

Module Title: Assignment problem


Session 17
Topic
Topic Title
No.
17.1

T2-Ch.10

Reference

Solve assignment problems with the Hungarian (matrix


reduction) method

T2-Ch.10

Session 18: Review Session


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

15%

February 1-10, 2015

Quiz-II

March 1-10, 2015

Quiz-II

April 1-10, 2015

EC-2 Mid-Semester Test

Closed
Book

2 hours

35%

21/02/2015 (FN) 10 AM 12 NOON

EC-3 Comprehensive Exam

Open Book 3 hours

50%

18/04/2015 (FN) 9 AM 12 NOON

Syllabus for Mid-Semester Test (Closed Book): Topics in Session Nos. 1 to 8


Syllabus for Comprehensive Exam (Open Book): All topics (Session Nos. 1 to 18)
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 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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