SVKMs Narsee Monjee Institute of Management Studies

Name of School -__School of Law____________

Program: BBA LLB (Hons.) Trimester: VI

Course : Quantitative Techniques and Statistics Code:

Teaching Scheme Evaluation Scheme

Internal Continuous Term End
Lecture Practical Tutorial Credit Assessment (ICA) Examinations (TEE)
(weightage) (weightage)
5 0 0 5 40 60
Pre-requisite:

A Basic and Preliminary knowledge of Mathematics (+2 level)

Course Objectives:

To aid in the understanding of basic statistics, including terminology, common terms, and common
statistical methods.
To encourage potential researchers to undertake research projects to facilitate the production of
knowledge.

Course Outcomes:

After completion of the course, students would be able to :

Analyze a complex situation which could be viewed from multiple perspectives.

Use/apply analytical techniques/models/frameworks appropriately in specific contexts.

Detailed Syllabus: ( per session plan )

Unit Description Duration

Module-I Introduction to Statistics (10 lectures)

Meaning, Definition, Scope, Importance and Limitations of
Statistics
Relevance to Management (Decision Making)
Data and it types (Primary and Secondary)
Variable and its types (Dependent and Independent)
Scale of Measurement (Nominal, Ordinal, Ratio and Interval)
Type of Statistical Analysis (Descriptive and Inferential;
Univarate, Bivariate and Multivariate Statistics)
Concept of Population and Sample (Types of Sampling)
Concept of Parametric and Non-Parametric Estimation

Module-II Basic Components of Descriptive Statistics (Univariate (10 lectures)

 SVKMs Narsee Monjee Institute of Management Studies

Name of School -__School of Law____________

Statistics/Analysis)
Measures of Central tendency (Mean, Median and Mode)
Measures of Dispersion (Range, Quartile Deviation, Standard
Deviation, Variance, Covariance, Skewness, Kurtosis)

Module-III Basic components of Inferential Statistics (Bivariate (5 lectures)

Statistics/Analysis)
Correlation
Regression
Module-IV Theory of Probability and Probability Distributions (10 lectures)
Basic Concepts of Probability (Event, Experiment, Sample
Space, Type of Events Mutually Exclusive Events,
Independent Events, Dependent Events, Equally likely
Events, Exhaustive Events)
Probability Distributions (Binomial, Poisson and Normal)
Module-V Decision-Making, Forecasting Methods and Index Numbers (10 lectures)
Decision Tree Analysis (Drawing Decision Tree, Concept of
Nodes & Branches, Multiple stage Decision Analysis)
Time Series Analysis and Smoothing Methods
Concept of Index Numbers (Fischers Index Number)
Module-VI Uses of Basic Functions in MS-Excel (5 lectures)

Total 50
Text Books:

1) Statistics for Business & Economics by Anderson Sweeney Williams,

2) S. P. Gupta (2014). Statistical methods. Sultan Chand and Sons. 44th Edition.

Reference Books:

To be suggested later.
Any other information :
None

Prepared by:

Mitali Gupta Approved by:

Signature Signature:
(Concerned Faculty/HOD) (Dean)