The syllabus outlines 7 sessions for a quantitative techniques course in an MBA program. Session 1 introduces statistics and frequency distributions. Session 2 covers measures of central tendency and dispersion. Session 3 discusses measures of association and correlation. Session 4 introduces probability distributions like Poisson, binomial, and normal. Session 5 covers determinants and matrices. Session 6 examines hypothesis testing and decision theory. Session 7 involves assignments. Each session is 3 hours long.
The syllabus outlines 7 sessions for a quantitative techniques course in an MBA program. Session 1 introduces statistics and frequency distributions. Session 2 covers measures of central tendency and dispersion. Session 3 discusses measures of association and correlation. Session 4 introduces probability distributions like Poisson, binomial, and normal. Session 5 covers determinants and matrices. Session 6 examines hypothesis testing and decision theory. Session 7 involves assignments. Each session is 3 hours long.
The syllabus outlines 7 sessions for a quantitative techniques course in an MBA program. Session 1 introduces statistics and frequency distributions. Session 2 covers measures of central tendency and dispersion. Session 3 discusses measures of association and correlation. Session 4 introduces probability distributions like Poisson, binomial, and normal. Session 5 covers determinants and matrices. Session 6 examines hypothesis testing and decision theory. Session 7 involves assignments. Each session is 3 hours long.
Limitations; frequency distribution & Tabular representation of data (steps for conducting a frequency distribution). Advantage of tabulation over Textual presentation.
Session 2: Measures of Central Tendency: Mean,
Median , Mode; Absolute measures of Dispersion; Range, Quartile Deviation, Mean Deviation, Standard Deviation; Relative Measures of Dispersion.
Session 3: Measures of Association: Simple & Rank
Correlation; Multiple Correlation; Regression; Exercises/examples on correlation, at the workplace.
Session 4: Probability--Meaning & importance;
Theories of Probability—Bayes Theorem; Probability distribution—Poisson, Binomial, Uniform & Normal distribution; application of Poisson & Normal distribution at the workplace
Session 5: Determinants & Matrices- Cramer's rule
and Linear equations Session 6: Testing of Hypothesis – T- test, Z-Test, and Chi-square Test; Decision Theory-- Payoff table, opportunity loss or Regret table; Decision under uncertainty and risk.