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SYLLABUS

Stream: MBA
Subject: Quantitative Techniques
Semester: I
UNIT NO: NAME OF THE
UNIT
THEORETICAL SESSIONS PRACTICAL
SESSION
TOPICS/CASE
STUDY
TOPICS
1
Quantitative
Techniques
Linear Programming
Introduction: Meaning of Quantitative
Techniques, Classification of Quantitative
Techniques, Statistical Techniques,
Programming or Research Techniques,
Important Operations Research Techniques,
Role of Quantitative Techniques in Business &
Industry, Quantitative Techniques & Business
Management, and Limitations of Quantitative
Techniques.
Linear Programming :
Meaning of Linear Programming, Fields of
Application of Linear Programming, Basic
concepts & Notations, General form of the
Linear Programming model, Formulation of
Linear Programming Model, Graphical solution,
Simplex Solution, Interpretation of Simplex
Solution, Degeneracy, Non-feasible Solution,
Unbounded Solution, Multiple Solution,
Limitations of Linear Programming,
Transportation Problems, Assignment Problems.


Lab Manual


2 Arranging Data
Measures of Central
Tendency
Measures of
Dispersion
Arranging Data: Meaning of Data Types of
DataData Collection Tables and Graphs as
Data Presentation Devices Frequency
Distribution, Skewness and Kurtosis.
Measures of Central Tendency: Objectives of
Averaging Requisites of a good Average
Types of Averages The Arithmetic Mean,
Weighted Arithmetic Mean Geometric Mean
and Harmonic Mean The Median and The
Mode.
Measures of Dispersion: Range Inter Quartile
Range and Quartile Deviation, Mean Deviation
and Variance, Standard Deviation, Coefficient
of Variation.

Lab Manual
3 Correlation
and
Regression Analysis
Correlation and Regression Analysis: Types
of correlation Methods of studying correlation
Scatter Diagrams method, Karl Pearsons
Coefficient of Correlation Merits and
Limitations, Spearmans Rank Correlation
Coefficient. Regression Analysis Scatter
diagram Regression line Method of least
squares, Calculation of Regression coefficients,
Standard Error of Estimates
Lab Manual
4 Probability
Probability
Distributions
Concepts of Probability: Basic probability
concepts and Types of probability, Probability
Rules Addition rule, General rule and
Multiplication rule.
Probability Distributions: Random Variables
Types of Probability Distribution Discrete
Probability Distribution Continuous Probability
Distribution, Binomial, Poisson, Normal and t
Distributions.
Lab Manual
5 Sampling Theory



Hypothesis Testing




Sampling Theory: Census Vs sampling
methods, probability sampling, non probability
sampling, central limit theorem, sampling and
non-sampling errors, sampling distribution,
standard error and estimation.
Hypothesis Testing: Test of Hypothesis The null
hypothesis The alternative hypothesis Steps in
hypothesis testing Type-I & II errors, Test of
significance for a large sample and small sample,
Chi-square test Chi-square as a test of goodness
of fit.

Lab Manual



Text Book
Statistical Methods S P Gupta, S Chand Publications
Quantitative Techniques- C R Kothari Vikas

REFERENCE BOOKS AUTHOR/ PUBLICATION
Statistics for Management Richard I Levin and David S Rubin PHI
Fundamentals of Statistics S C Gupta
Basic Statistics for Business and Economics Paul Global and Raymond J Jossen Wiley & Sons
Quantitative Approaches in Business Studies Clare Morris Pitman
Quantitative Techniques C R Kothari Vikas
Operations Research J K Sharma