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vu ueoeoded ow SVKM’S NMIMS. e Mukesh Patel School of Technology Management & Engineering | [MBA - (Tech) Trimester V0 — _[Sub: Statistical Methods 7 Code: ‘Lecture 2 (1.5 hours each) Periods per week Practical = ‘Tutorial _ Hours Marks Evaluation system ‘Theory Examination 2 30 7 Term work = 50 Objective: To prepare the student so as to enable them to apply standard statistical techniques to problem in day day life involving areas of uncertainty such as inventory, maintenance, quality, resource availabilit, demand and decision making. Prerequisite : oNIL Detailed Syllabus Unit | © Topics Data: 1\ ) | @) Introduction: Definition, Data, Information and Knowledge, Uses of Statistics, Data sources, Data Collection, Sampling, Data ‘Types. 2) Data Summarization: Data Tabulation, Data Classification and Data Presentation - Histogram, Frequency distribution, Ogife. 2 | Delctiptive Statistics: (1) Measures of Central Tendencies ~ Grouped and Ungrouped “Mean, Sample Mean- Weighted mean; Median — uartiles, Deciles, and Percentiles; Mode; VariabilityDispersion, Range, Standard deviation, yysheff theorem; Skewness; Kurtosis. Probability Distribution: _| (1) Probability: Probability Space, conditions of probability | model, Events, simple and compound, Laws of probability, Bayes’ theorem, (2) Probability Distribution: Probability density function, Cumulative distribution function, Expected values of Mean and | Variance. Discrete Probability Distribution: Basics of Binoraial Distribution pdf, cdf, Poisson Distribution pdf, odf, Hypergeometrie Distribution pf, edf. Continuous Probability Distributions: Relative frequency , distribution and pdf, Exponential pdf, cdf, Normal distribution — jormal pdf, cdf, Standard Normal Distribution, Normal Approximation to the binomial. Sampling Distribution: (A) Introduction, Central Limit Theorem; Population frequency ” distribution vs. Sampling Distributions; Sampling distribution of the sample mean — Estimating population 4Mean and Standard deviation; Sampling distribution of the ‘sample proportion — Estimating proportions in a binomial \ population. | (2) Sampling distributions of the difference between sample | means! proportion ~ Mean and Standard Deviation, Conditions for estimation. Hypothesis Testing: T (1) Large Sample estimation of the population parameters | and Hypothesis testing: Basics of Estimating the population mean and difference; Estimating the proportion and difference; Large sample test for population mean, difference; Large sample test for proportion, difference. (2) Estimation of a population variance: Sampling ” distribution of variance, estimation. @) Inferences from small sample: Student's ¢ distribution; _) Small sample t test for following ~ A population mean, A difference between two means, Confidence interval. @ inferences about @ population variance: Chi- square test ) of hypothesis about a population variance; Comparing two variances, F test for equality of two population variances; The Chi-square test statistics for enumerative data; Goodness of fit test Linear Correlation and regression: Basics of Scatter diagrdm, Positive vs. negative correlation; Correlation and ‘ca ; Coefficient of determination, Correlation; | Methods of least squares, regression line; Hypothesis test and confidence interval for Y; Prediction of Y, Confidence limits TOTAL HRS. Prescribed Text : © Statistics for Management and Economics by Menden Hall, 1993, Duxbery Press References: © Statistical Quality Control by Grand and Leavenworth, 2007, 7" Edition, TMH © Statistical Methods by S P Gupta, Sultan Chand & Sons, 2005, Vol. 1 © For Management by Levin and Rubin, 2010,10" Edition, PHI Internet references: ¢ www.weibull.com; www.ithnist.gov/div898/handbook/ind toa Term work: Assignments/Class Test/ (Case Studies/Presentatjgn/Project SVKM’S NMIMS Mukesh Patel School of Technology Management & Engineering ‘© An exposure to the fundamentals of Management, the basic functions of management and the management process. ‘© A foundation on ways for a manager to achieve organizational goals by engaging in the four major functions — Planning, organizing, leading and controlling. ‘A perspective of the changing role of a manager in today’s world, © An understanding of the decision making process. ¢ An understanding of the importance of managing change and innovation. MBA - (Tech) Trimester - V Sub: Principles and Practice of Code = ‘Management | Periods per week | Lecture 2 (15 hours each) Practical = ae Tutorial _ Hours Marks Evaluation Theory 2 50 system Examination Term Work = 30. Objectives: Topics ~ Duration Gr) 1 | Manager & Management; Historical perspective; Managing in today's world, the effect of environment, global perspective , social responsibility and Ethics relating to the terrain of manager. 2 |The Planning Process: Foundation of Planning, foundation of decision making, strategic management and various planning tools ! | and techniques. Y || Organization: Understanding the organization designs, organizational structure, organizational Culture, Communication, Basics of Human resource management and managing change & innovation in an organization. 4 _ | Managing Peopie: Foundation of individual & group behaviour, understanding work teams, basics of motivation and leadership theories and their relevance to employees in organization. >ore 5 | Control functions: Foundations of Control, basics of role of 6 | Technology and Operations Management; basics of Value chain | management. | TOTAL BRS. 7 30 Prescribed Text : ‘© Stephen R Robbibs & David A Decenzo ,Fundamentals of Management, Essential Concept & Applications, 5" edition, 2007, Pearson Education, References: ‘© Management- Schermerhom John.R 8th Ed. Wiley India. © Principles & Practice of Management- L M Prasad, 7™ Edition, Sultan Chand & Sons. Management ~ Bartol K and Martin D 1998: Irwin Mc Graw Hill Boston. ‘© Management Theory & Practice, J C Chanda , Vikas Publication. Introduction to Management Sciences, 9" edition, Berbard W Taylor, III Pearson Education. * Portion will be covered mainly from text book and Ref 1 & 2. Students is advised to reag other reference books an infefiet for case study whatever needed. Internet References: eNIL . Term Work : | Case Studies / Assignments / Class Test / Presentations/Project

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