BIRLA INSTITUTE OF TECHNOLOGY & SCIENCE, PILANI WORK INTEGRATED LEARNING PROGRAMMES. Digital Part cent Design Course Title [Quantitative Methods Course No(s) IMM ZG515 / QM ZG515 Credit Units 4 Credit Model Content Authors R Sujith Course Objectives No | This course combines business statistics and management science that are essential for business managers €O1 | To provide an understanding of various tools and techniques of Business Statistics 02 | To provide an understanding of various tools and techniques of Management Science C03 | Clarity on how to apply analytical techniques in different business situations and possibly use spreadsheets for solving problems ‘Text Book(s TI |D.M. Levine, T.C. Krehbiel, M.L. Berenson and P. K. Viswanathan, “Business Statistics: A | First Course”, Pearson Education, $* Ed,, 2011 2011 T2 Render, Stair & Hanna, Quantitative Analysis for Management, Pearson Education, 10° Fd. | Book(s) & other resources Ken Black, “Business Statistics: For Contemporary Decision Making 2010. R2 | Hillier and Hillier, Introduction to Management Science, 3" Edition, Tata MeGraw Hill, 2011 | Wiley, 5° Edition, | R3_| Naval Bajpai, Business Statistics, Pearson Education, 2010 Content Structure 1. Data Collection and Presenting data in Tables and Charts, 1.1 Collecting data and types of data 1.2 Tables and charts for Categorical 13 Organizing Numerical data 1.4 Cross tabulations and scatter diagrams 2, Numerical Descriptive Measures 2.1 Measures of central tendency, variation and shape 2.2 Numerical descriptive measures for a population 3. Probability 3.1 Basic probability concepts 3.2 Conditional probability 3.3 Bayes’ Theorm 4. Discrete probability distributions 4.1 Probability distribution for a diserete random variable 4.2 Binomial distribution 43 Poison distribution5. Continuous probability distributions and Normal distribution $.1 Continuous probability distributions 3.2 Normal distribution 5.3 General Procedure for finding normal probabilities 6, Sampling and Sampling Distributions 6.1 Sampling and Types of sampling methods 6.2 Sampling distribution of mean 6.3 Central limit theorem 6.4 Sampling distribution of mean and proportion 7, Confidence Interval Estimation 7.1 Confidence interval estimation for the mean (known) 7.2 Confidence interval estimation for the mean (cr unknown) 7.3 Confidence interval estimation for the proportion 7.4 Determining sample size 8. Fundamentals of Hypothesis Testing: One-Sample Tests 8.1 Hypothesis testing methodology 8.2 Z test of Hypothesis for the mean (« known) 83 One tal tests 8.4 ttest of Hypothesis for the mean (cr unknown) 8.5 Z test of Hypothesis for the proportion 9. Two-Sample Tests 9.1 Comparing means of two independent populations 9.2 Comparing means of two related populations 9.3 Comparing two population proportions 10. Fetestand ANOVA 10.1 F test for the difference between two variances 10.2 ANOVA 10.2.1 F test for differences among more than two means 10.2.2Multiple comparisons: The Tukey-Kramer Procedure 10.2.3 ANNOVA Assumptions 11, Chi-Square Tests 1.1 The Chi-square test for the difference between two proportions 11.2 Chi-Square Test for differences among more than two proportions 11.3 Test of independene: 11.4 Test of goodness of 12, Linear Programming Problems (LPP) 12.1 Introduction 12.2 Requirements of a Linear Programming Problem 12.3 Formulating LP Problems 12.4 Graphical Solution to an LP Problem 12.5 Solving Minimization Problems 12.6 Four Special Cases in LP 13. LPP: Simplex method 13.1 Introduction 13.2 How to Set Up the Initial Simplex Solution 13.3 Simplex Solution Procedures 134 The Second Simplex Tableau 13.5 Developing the Third Tableau 13.6 Review of Procedures for Solving LP Maximization Problems 14. LPP: Simplex method (Continue) 14.1 Recognize special cases such as infeasibility, unboundedness, and degeneracy 14.2 LPP Applications 14.2.1 Marketing Applications 14.2.2 Marketing Research Applications 14.2.3Financial Applications 14.2.4 Transportation Applications15, Transportation problem 15.1 Structure speci 15.2 Use the northwest corer, method for solving transportation problem 13.3 Use the Vogel's Approximation Method (VAM) for solving transportation problem 16, Assignment problem LP problems using the transportation and assignment models 16.1 Solve assignment problems with the Hungarian (matrix reduction) method No | Leaning Outcomes LOI | Able to understand data and basic statistics tools 102 _| Able to understand basies of probability and probability distributions LO3 | Understanding basics of hypothesis testing (One sample and two sample tests) LO4 | Understanding of ANNOVA and Chi-square tests Los | Understand ig Linear Programming, Transportation and Assignment techniques of Management science and their practical applica Part B: Learning Plan ‘Academie Term Second Semester 2017-2018 } Course Title Quantitative Methods | Course No MM ZGS15 (QM ZGSI5 | Lead Instructor R Sujith Contact Hour 1 Type | Content Ref. | Topic Title Study/HW Resource Reference PrecH | TL Given in content structure 1.1, 12} Overview of Ch. | During | PPTS. Given in content structure 1.1, 1.2 | PPTS cH Post CH | RI Given in content structure 1.1 Study Ch 1 Contact Hour 2 Type | Content Ref. | Topic Title Study/HW Resource Reference PrecH TI Given in content structure 1.3, 14 | Overview of Ch. 2 During | PPTS Given in content structure 1.3, 1.4 | PPTS cH Post CH | RI Given in content structure 1.3, 14 | Study Ch 1 Contact Hour 3 Type Content Ref, ‘Topie Title Study/HW Resource ReferencePre CH TL Given in content structure 2.1 Overview of Ch 3 During | PPTS. 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Given in content structure 5.3 PPTS cH PostCH | RI Given in content structure $.3 Study Ch 6 Contagt Hour LL Type Content Ref. | Topic Title Study/TW Resource Reference PreCH [TI Given in content structure 6.1, 62. | Overview of Ch 7 During | PPTS Given in content structure 6.1.62 | PPTS cH PostCH | RI Given in content structure 6.162 | Study Ch 7 Contact Hour 12 Type | Content Ref, | Topic Title Study/HW Resource Reference PrecH |TL Given in content structure 63,64. | Overview of Ch 7 During | PPTS Given in content structure 6.3, 64. | PPTS cH Post CH | RI Given in content structure 6.3, 64 | Study Ch 7 Contact Hour 13 cH Type | Content Ref. | Topic Title Study/HW Resource Reference PreCH | TL Given in content structure 7.1.7.2 | Overview of Ch 8 During | PPTs Given in content structure 7.1 PPTs.Post CH RI Given in content structure dy ChB Contact Hour 14 Type | Content Ref. | Topic Title Study/HW Resource Reference Precu {Ti Given in content structure 73.7.4 | Overview of Ch 8 During | PPTS Given in content structure 7.3,7.4 | PPTS cH Post CH | RI Given in content structure 7.3, 7.4 | Study Ch 8 Contact Hour 15 Type Content Ref. | Topic Title Study/#TW Resource Reference PreCH [TI Given in content structure 8.1, 82 | Overview of Ch 9 During | PPTS. 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Given in content structure 9.2,9.3 | PPTS cH Post CH | R1 Given in content structure 9.2, 93 | Study Ch 10Contact Hour 19) 102.1 Type Content Ref. | Topic Title Study/HW Resource Reference PrecH {TI Given in content structure 10.1, | Overview Ch 10 102.1 During | PPTS. Given in content structure 10.1, | PPTS. cH 10.2.1 Post CH | R3 Given in content structure 10.1, | Study Ch 12 Contact Hour 20 10.2.3 Type | Content Ref. | Topic Title Study/HW Resource Reference PrecH | 12 Given in content structure 10. Overview Ch 10 10.23 During | PPTs Given in content structure 10.2.2, | PPTS cH 10.2.3 Posi CH | R3 Given in content structure 10 Study Ch 12 Contact Hour 21 11.2, 11.3 Type | Content Ref. | Topic Title Study/HW Resource Reference PrecH | TI Given in content structure 11.1, } Overview of Chapter 11 112,113 During | PPTs Given in content structure 11.1, | PPTS cH 112,113 Post CH | RI Given in content structure 11.1, } Study ChI2 Contact Hour 22 Type | Content Ref. | Topic Title Study/HW Resource Reference PrecH [RI Given in content structure 11.4 | Overview of Ch 12 During | PPTS. Given in content structure 11.4 | PPTS cH PostCH | RI Given in content structure 11.4 | Study Ch12 Contact Hour 23 Type Content Ref. | Topic Title Study/HW Resource Reference PreCH | 12 Given in content stracture Overview of Ch 24 During | PPTS. Given in content structure 112.1- | PPTScH 124 Post CH Given in conteat structure 12.1- 124 Study Ch-7 Contact Hour 24 126 Type | Content Ref. | Topie Title Sludy/HW Resouree Reference Prec | 12 Given in content structure 12.5, | Overview of Ch7 126 During | PPTS Given in content structure 12.5, | PPTS cH 126 Post CH | 12 Given in content structure 12.5, | Study Ch-7 Contact Hour 25 B3 Type Content Ref. | Topic Title Study/HW Resource Reference PrecH | 12 Given in content structure 13.1- | Overview Ch 9 Ba During | PPTS. Given in content structure 13.1- | PPTS. cH BB Post CH | 12 Given in content structure study Ch.9 Contact Hour 26 Bs Type Content Ref. | Topic Title Study/HW Resource Reference PrecH | 12 Given in content structure 13.4- | Overview of Ch9 Bs During | PPT’ Given in content structure 13.4- | PPTS. cH B6 Post CH | T2 Given in content structure 13.4- | Study Ch-9 Contact Hour 27 142.2 Type Content Ref. | Topic Title Study/HW Resource Reference PreCH | T2 Given in content structure 14.1, | Overview Ch 8-9 1422 During | PPTS Given in content structure 14.1, | PPTS. CH 142.2 Post CH | T2 Given in content structure 14.1, | Study Ch 8.9 Contact Hour 28Type Content Ref Topic Title Study/HW Resource Reference PreCH | 12 Given in content structure 14.2.2, | Overview Ch 8-9 142.3, 14.2.4 During | PPTS Given in content structure 14.2.2, | PPTS CH 142.3, 14.2.4 PostCH | 12 Given in content structure 14.2.2, | Study Ch 8.9 142.3,,14.24 Contact Hour 29 Type | Content Ref, | Topic Title Study/HW Resource Reference PrecH | 12 Given in content structure 15.1, | Overview of Ch 10 Is. During | PPTS. Given in content structure 15.1, | PTS cH 152 PostCH | T2 Given in content structure Study Ch-10 152 Contact Hour 30 Type Content Ref. | Topic Title Study/HW Resource Reference PreCH | T2 Given in content structure 15.3. | Overview of Ch 10 During | PPTS Given in content structure 15.3. | PPTS. cH PostCH | 12 Given in content structure 15.3 | Study Ch-10 Contact Hour 31 Type Content Ref. | Topic Title ‘Study/HW Resource Reference PreCH | 12 Given in content structure 16 During | PPTS Given in content structure 16 PPTs cH Post CH | T2 Given in content structure 16 Study Ch-10 Contaet Hour 32 ‘Type Content Ref. | Topic Title Study/HW Resource Reference PreCH | 12 Given in content structure 16 Ez During | PPTS. Given in content structure 16 PPTs on Post CH | 12 Given in content structure 16 Study Ch-10Evaluation Scheme: = Evaluation Component: AN = After Noon Session; FN = Fore Noon Session No | Name Type. Duration | Weight | Day, Date, Session, Time ECT | Quiz-t Online “[ February I to 10, 2018 Quiz Online March 1 to 10, 2018 Quiz-IIT Online March 20 to 30, 2018 Mid-Semester Test | Closed ‘03/03/2018 (AN) 2 PM—4PM Book oe EC-3 | Comprehensive Open S(AN)2 PM— 3PM Exam Book Syllabus for Mid-Semester Test (Closed Book): Topics in Session Nos. | 10 16 Syllabus for Comprehensive Exam (Open Book): All topies (Session Nos. { 10 32) Important links and information: Eleam portal: https:/eleam.bits-pilaniac.in Students are expected to visit the Elean 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 Eleam portal Evaluation Guidelines: 1. EC-1 consists of either three Assignments or three Quizzes. Students will attempt them through the course pages on the Elearn portal. Announcements will be made on the portal, ina 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. Ifa 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 fo the evaluation scheme provided in the handout.