Symbiosis Institute of Business Management, Hyderabad

Academic Year – 2020-21 (Batch of 2020-22)

MBA COURSE HANDOUT (Semester –II)

Course : Advanced Statistics

Course Code : No. Credits
Catalogue Code : No. Hours 30
Faculty Name : Dr. Reddy

1. Program Objectives:
a. To nurture corporate leadership skills and social consciousness among students.
b. To prepare students for a rewarding corporate career by training them on management
practices through experiential learning and theoretical constructs.
c. To prepare student to collaborate and work in team for high performance
.
1.2. The POs (Program Outcomes):
a. Students should be able to demonstrate leadership skills.
b. Students should be able to understand and be conscious of the impact of managerial
decisions on the triple bottom-line – Profits, People and Planet.
c. Students will be adept at analyzing and applying theoretical constructs to various
diverse business scenarios both as individuals, working in team and in steering groups.
2. Course Objectives
• This course provides an understanding of Advanced Statistics fundamentals of practical
statistics and its application. To provide understanding on how Advanced statistical
concepts are applied in different domains in the management. To train the students on
technical skills and statistical tools needed to analyze the data and draw the insights of
relations between the variables of a data set. It provides in-depth overview of the
statistics required for understanding data for generating reports to the end used for
effective business decision making
• CO(1): To develop insight concepts, principles and techniques of Advanced
Statistics
CO(2): To relate statistical theories and techniques to apply for decision making.
CO(3): To appraise Advanced statistical information for analysis, evaluation &
interpretation

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3. Course Learning Outcomes
At the end of the course, the student is expected to:
Mapped Course
Learning Outcomes(Los)
Objectives
LO1-At end of the Course the student will be able to apply and CO1,2,3
interpret the fundamental and advanced Concepts of advance
statistics.
LO2-Describing the business data structures. CO1
LO3-Advanced Statistical Techniques to analyze the data for CO2
business decision making.
LO4-Advanced statistical models for practical application in CO3
the analytics industry
LO5-Causal and effect theories for identifying the relations CO3
between the variables of business data using advanced
statistical tools and techniques

4. Course Map

COs Assessment(s)
Learning Outcome
LO1-At end of the Course the CO1,2,3 ● Class Exercise(s)
student will be able to apply and ● Practice Exercise(s) &
interpret the fundamental and ● Quiz
advanced Concepts of advance
statistics.
● Case Problem Analysis
CO1
LO2-Describing the business data ● Class Exercise(s)
structures. ● Practice Exercise(s) &
●
● Case Problem Analysis
LO3-Advanced Statistical CO2
● Class Exercise(s)
Techniques to analyze the data for
● Practice Exercise(s) &
business decision making.
● Quiz
● Case Problem Analysis
LO4-Advanced statistical models CO3
● Class Exercise(s)
for practical application in the
● Practice Exercise(s) &
analytics industry
● Quiz

5. Course Delivery

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 Evidence of
Session Plan Learning (Mapping
CO with SO
Sessio Assessment /
Resources Intended
n* Evaluation and
Topic / Intended Learning Chapter Delivery
No. Weighting
Reading Process
(S, M, W, NL)
● Class CO1
Introduction to Statistics, Exercise(s)
1-2
Measurement & Scaling ● Practice
Exercise(s)
● Class CO1
Measures of Central Tendency Exercise(s)
3-4
& Dispersion ● Practice
Exercise(s)
● Class CO1
Correlation & Simple Exercise(s)
5
Regression ● Practice
Exercise(s)
6 Internal Component I Test C02/Lab exercise -M
Multiple Regressions
● Understanding when
regression analysis is the
appropriate statistical tool in
analyzing a problem.
● Understanding how ● Case
regression helps us make Problem CO1
predictions using the least Analysis CO2
7-9 squares concept. ● Class CO3
● Using dummy variables with Exercise(s) /Quiz-S
an understanding of their ● Practice
interpretation Exercise(s
● Running the Multiple
Regression Analysis using
SPSS and interpreting the
results

10-11 Discriminant Analysis. ● Case CO1

● Understanding the Problem CO2
circumstances under which Analysis CO3
linear discriminant analysis ● Class /Quiz-S
should be used instead of Exercise(s)
multiple regression ● Practice
● Understanding the Exercise(s)
assumptions underlying
discriminant analysis in
assessing its appropriateness
for a particular problem.
● Running the Multiple
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 Discriminant Analysis using
SPSS and interpreting the
results

12 Internal Component II Test Co1,2,3/S

Factor Analysis
• Differentiating factor
analysis techniques from
other multivariate techniques ● Case
• Distinguishing between Problem
CO1
exploratory and Analysis
CO2
13-14 confirmatory factor analysis ● Class
CO3
• Understanding the seven Exercise(s)
/Quiz-S
stages of applying factor ● Practice
analysis Exercise(s
• Running the Factor Analysis
using SPSS and interpreting
the results
Cluster Analysis
• Identifying the types of
research questions addressed
by cluster analysis
• Understanding how ● Case
interobject similarity is Problem
CO1
measured. Analysis
CO2
15-16 • Understanding the ● Class
CO3
differences between Exercise(s)
/S
hierarchical and ● Practice
nonhierarchical clustering Exercise(s
techniques
• Running the Cluster
Analysis using SPSS and
interpreting the results
Student term Assignment
17-20 Presentation Co1,2&3-S
Presentations

*1 hr 30 minutes each
6. Term Assignment:
The assignment included in the course would be aimed at reinforcing the classroom learning and
sharpen analytical skills. The assignments will be carried out in-groups consisting of 3 to 4
students. The assignment details will be circulated separately.

7. Course Resources:
7.1. Discussion in the Classroom
Discussion in the classroom will cover the most important topics and concepts. The discussions
challenge the students’ ability to analyze issues, build logical derivations and provide innovative
solutions

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7.2. Assigned readings
Students are required to carefully read the assigned readings to develop adequate insights into the
issues.

7.3. Practice Exercises

Practice Exercises will be assigned from the text after each topic is discussed. Students may
work in groups on practice exercises. Solutions to select practice exercises may be shared
through the discussion website

7.4. Recommended Text Book

● Joseph F. Hair Jr. William C. Black, Barry J. Babin Rolph E. Anderson. Multivariate
Data Analysis, Cengage

7.5. Suggested Books

● Using Multivariate Statistics by Barbara G. Tabachnick-California State University
and Linda S. Fidell from California State University. Published by Pearson.
● Business Research Methods-C. R. Kothari
● Business Research Methods-Deepak Chavla

8. Expectations from Students

● To participate in the classes exercises and activities
● To be present in the class on time specified by all means.
● To be sincere in doing the assignments and class preparations
● To maintain the dignity of a classroom and cooperate for the class and restrain from
using mobile phones
● To actively participate in case analysis and incorporate the theories into practical
phenomena
● To be consistent in preparation for the class and tests which enables continuous
learning
● To have a parallel awareness on the current business trends and events to get
associated with the theories learnt.
● To read the relevant articles in the newspapers and keep updated with the recent
changes.
9. Evaluation Timeline
Keeping in line with continuous evaluation at SIBM, the following schedules have been drawn.
Students are expected to go through the dates / sessions mentioned and prepare accordingly.

Compone
nt Component Expected slot / due date Weightage
Number

Internal
1 Session 6 20 Marks
Component -1

2 Internal Session 12 20 Marks

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 Component -2

Internal
3 Session 16 20 Marks
Component -3

4 End Exam 40 Marks

Total 100 Marks

•
10. Quality Assurance
The University is actively monitoring student learning and quality of the student experience in all
its programs. A random selection of completed assessment tasks may be used for quality
assurance, such as to determine the extent to which program learning goals are being achieved.
The information is required for accreditation purposes, and aggregated findings will be used to
inform changes aimed at improving the quality of SI (DU) programs. All material used for such
processes will be treated as confidential and will not be related to course grades.

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