SESSION PLAN Programme : Global Programme in Business Leadership (GPBL) Semester : I (Full-Time) Module : Statistical Tools- Pre-requisite Tutor

Name : Batch : June 2011 Core Books : 1. S. P. Gupta, Statistical Methods, 33th Ed; Sultan Chand & Sons (C-1) Reference Reading : 1.Leonard J. Kazmier, Business Statistics, 4th Ed; Schaums Outlines (R-1) 2.Mason, Lind & Marchal, Statistical Techniques in Business & Economics, 10th Ed; McGraw-Hill, International Ed. (R-2) 3.Baruah S (2007), Basic Mathematics and its Application in Economics, Macmillan India Ltd. (R-3) Sessions 1 Topics Introduction to Quantitative Methods Learning Outcomes Understand different methods of data collection. Understand the fundamentals of mathematical concepts of counting & computation along with diagrammatic representation of mathematical data. Understand the fundamentals of mathematical concepts of counting & computation along with diagrammatic representation of mathematical data. To understand the method of constructing Index numbers and its various uses while comparing data sets. To understand the importance of historical data in order to predict the behaviour of variables in the future for decision making To understand the basic rules of Differentiation. To understand the differential Version of Relative Maximum and Minimum (only rules are required) Reading Activity (Core Book) C-1: VOL-I, Chp 1,2, pgs 1-38 (for general reading only)

Set Theory, Sequences & Series.

Handout

Permutations & Combinations Index Numbers Unweighted and weighted index no. construction & and their uses, value index, shifting and splicing of base. Time Series & Forecasting components, moving & weighted moving averages, linear trend, least square methods, non linear trend, seasonal variation & deseasonalising data Differentiation

Handout

C-1: VOL-I, Chp 13, pgs 515586

C-1: VOL-I, Chp 14, pgs 589672

R-3: Chp 4 (Pgs 117-149), Chp 8 (Pgs 215-216)

Notes: 1. 2. No proofs, theorems, definitions are to be learnt. The understanding and application of the statistical methods are all that is required. Class tests/ quizzes will be conducted by the respective tutors for this module.