BIRLA INSTITUTE OF TECHNOLOGY & SCIENCE, PILANI

WORK INTEGRATED LEARNING PROGRAMMES

Digital

Part A: Content Design

Course Title Quantitative Methods

Course No MBA ZC417/PDBA ZC417/PDFT ZC417
Credit Units 4
Content Author GAURAV NAGPAL

Course Objectives (CO)

CO-1 To introduce the concepts and techniques of Business Statistics.

CO-2 To introduce understanding of concepts and techniques of select Management

Science.

CO-3 To introduce MS Excel computer software to solve Business Statistics and

Management Science problems.

Textbooks (T)
T-1 David M Levine, Kathryn A Szabat, David F Stephan and PK
(for Business Viswanathan. Business Statistics. Seventh Edition. Pearson Education.
Statistics) 2019.

T-2 David R Anderson, Dennis J Sweeney, Thomas A Williams, Jeffrey D

(for Management Camm and Kipp Martin. Quantitative Methods for Business. Twelfth
Science) edition. Cengage Learning. 2013.

Reference Books (R)

R-1 Ken Black. Business Statistics. Seventh edition. Wiley. 2012.
(for Business Statistics)

R-2 Amir D Aczel, Jayavel Sounderpandian, Palanisamy Saravanan and

(for Business Statistics)
R-3
(for Management Science)
R-4
(for Management Science)
Rohot Joshi. Complete Business Statistics. Seventh edition. McGraw
Hill. 2017.
Fredrick S Hillier and Mark S Hillier. Introduction to Management
Science. Fifth edition. McGraw Hill. 2019.
Barry Render, Ralph M Stair and Michael E Hanna. Quantitative
Analysis for Management. Eleventh edition. Pearson Education. 2011.
 Content Structure
Part-I: Business Statistics

1. Defining and Collecting Data

1.1. Defining variables
1.2. Collecting data
1.3. Types of sampling methods
1.4. Types of survey methods

2. Organizing and Visualizing Variables

2.1. Organizing categorical variables
2.2. Organizing numerical variables
2.3. Visualizing categorical variables
2.4. Visualising numerical variables
2.5. Visualising two numerical variables
2.6. Organizing and visualizing a set of variables

3. Numerical Descriptive Measures

3.1. Central tendency
3.2. Variation and shape
3.3. Exploring numerical data
3.4. Numerical description measures for a population
3.5. The covariance and the coefficient of correlation

4. Basic Probability
4.1. Basic probability concepts
4.2. Conditional probability
4.3. Bayes’ Theorem

5. Discrete Probability Distributions

5.1. The probability distribution for a discrete random variable
5.2. Binomial distribution
5.3. Poison distribution

6. The Normal distribution

6.1. Continuous probability distributions
6.2. The Normal distribution

7. Sampling Distributions
7.1. Sampling distributions
7.2. Sampling distribution of the mean
7.3. Sampling distribution of the proportion

8. Confidence Interval Estimation

8.1. Confidence interval estimation for the mean (σ known) (Not in the course)
8.2. Confidence interval estimation for the mean (σ unknown)
8.3. Confidence interval estimation for the proportion
8.4. Determining sample size

9. Fundamentals of Hypothesis Testing: One-Sample Tests

9.1. Fundamentals of Hypothesis testing methodology
9.2. t test of Hypothesis for the mean (σ unknown)
 9.3. One-tail tests
9.4. Z test of Hypothesis for the proportion

10. Two-Sample Tests and ANOVA

10.1. Comparing the means of two independent populations
10.2. Comparing the means of two related populations
10.3. Comparing the proportions of two independent populations
10.4. F test for the difference between two variances
10.5. One way ANOVA

11. Chi-Square Tests

11.1. 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 independence
11.4. Test of goodness of fit

12. Simple Linear Regression

12.1. Types of Regression models
12.2. Determining the simple linear Regression equation
12.3. Measures of variations (R square)

Part-II: Management Science

13. Introduction to Linear Programming

13.1. A simple maximization problem
13.2. Graphical solution procedure
13.3. Extreme points and the optimal solution
13.4. Computer solution

14. Linear Programming Applications in Marketing, Finance, and Operations Management

14.1. Marketing Applications
14.2. Financial Application
14.3. Operations Management Applications
14.4. Computer solutions

15. Distribution and Network Models

15.1. Transportation Problem
15.2. Assignment Problem
15.3. Transshipment Problem
15.4. Computer solution

Learning Outcomes (LO)

LO-No Learning Outcome

LO-1 The student would be able to formulate and solve problems related to Business
Statistics and Management Science.

LO-2 The student would be able to solve the problems using Microsoft Excel.
 Part B: Learning Plan

Academic Term First Semester 2023-2024

Course Title Quantitative Methods
Course No MBA ZC417/PDBA ZC417/PDFT ZC417
Instructor GAURAV NAGPAL

Contact Hour 1
Content
Type Reference Topic Study/HW Resource Reference
Read Chapter 1 (T1)
Pre CH 1 Defining and collecting data Watch Video Recordings
During CH 1 Defining and collecting data Chapter 1 (1.1 to 1.2) (T1)
Post CH 1 Defining and collecting data Solve selected textbook problems

Contact Hour 2 & 3

Content
Type Reference Topic Study/HW Resource Reference
Organising and Visualising Variables Read Chapters 2, 3 (T1)
Pre CH 2, 3 & Numerical Descriptive Measures Watch Video Recordings
Organising and Visualising Variables Chapters 2 & 3 (2.1 to 2.6, 3.1 to 3.5)
During CH 2, 3 & Numerical Descriptive Measures (T1)
Organising and Visualising Variables
Post CH 2, 3 & Numerical Descriptive Measures Solve selected textbook problems

Contact Hour 4 &5

Content
Type Reference Topic Study/HW Resource Reference
Read Chapter 4;
Pre CH 4 Basic Probability Watch Video Recordings
During CH 4 Basic Probability Chapter 4 (4.1 to 4.3) (T1)
Post CH 4 Basic Probability Solve selected textbook problems

Contact Hour 6
Content
Type Reference Topic Study/HW Resource Reference
Read Chapter 5 (T1)
Pre CH 5 Discrete Probability Distributions Watch Video Recordings
During CH 5 Discrete Probability Distributions Chapter 5 (5.1 to 5.3) (T1)
Post CH 5 Discrete Probability Distributions Solve selected textbook problems

Contact Hour 7
Content
Type Reference Topic Study/HW Resource Reference
Read Chapter 6 (T1);
Pre CH 6 The Normal Distribution Watch Video Recordings
During CH 6 The Normal Distribution Chapter 6 (6.1 to 6.2) (T1)
Post CH 6 The Normal Distribution Solve selected textbook problems
Contact Hour 8
Content
Type Reference Topic Study/HW Resource Reference
Read Chapter 1 & Chapter 7 (T1);
Pre CH 7 Sampling Distributions Watch Video Recordings
Chapter 1 (1.3 to 1.4) & Chapter 7
During CH 7 Sampling Distributions (7.1 to 7.3) (T1)
Post CH 7 Sampling Distributions Solve selected textbook problems

Contact Hour 9
Content
Type Reference Topic Study/HW Resource Reference
Read Chapter 8 (T1);
Pre CH 8 Confidence Interval Estimation Watch Video Recordings
During CH 8 Confidence Interval Estimation Chapter 8 (8.1 to 8.4) (T1)
Post CH 8 Confidence Interval Estimation Solve selected textbook problems

Contact Hour 10
Content
Type Reference Topic Study/HW Resource Reference
Fundamentals of Hypothesis Read Chapter 9 (T1);
Pre CH 9 Testing Watch Video Recordings
Fundamentals of Hypothesis
During CH 9 Testing Chapter 9 (9.1 to 9.4 ) (T1)
Fundamentals of Hypothesis
Post CH 9 Testing Solve selected textbook problems

Contact Hour 11
Content
Type Reference Topic Study/HW Resource Reference
Pre CH 10 Two-Sample Tests and ANOVA Read Chapter 10 (T1)
During CH 10 Two-Sample Tests and ANOVA Chapter 10 (10.1 to 10.5) (T1)
Post CH 10 Two-Sample Tests and ANOVA Solve selected textbook problems

Contact Hour 12
Content
Type Reference Topic Study/HW Resource Reference
Pre CH 11 Chi-square Tests Read Chapter 11 (T1)
During CH 11 Chi-square Tests Chapter 11 (11.1 to 11.4) (T1)
Post CH 11 Chi-square Tests Solve selected textbook problems

Contact Hour 13
Content
Type Reference Topic Study/HW Resource Reference
Read Chapter 12 (T1);
Pre CH 12 Simple Linear Regression Watch Video Recordings
During CH 12 Simple Linear Regression Chapter 12 (12.1 to 12.3)
Post CH 12 Simple Linear Regression Solve selected textbook problems
Contact Hour 14
Content
Type Reference Topic Study/HW Resource Reference
Read Chapter 7 (T2);
Pre CH 13 An Introduction to LP Watch Video Recordings
13 Chapter 7 (7.1 to 7.3) & Appendix
During CH An Introduction to LP 7.3 (T2)
Post CH 13 An Introduction to LP Solve selected textbook problems

Contact Hour 15
Content
Type Reference Topic Study/HW Resource Reference
Pre CH 14 Linear Programming Applications Read Chapter 9 (T2)
During CH 14 Linear Programming Applications Chapter 9 (9.1 to 9.3) (T2);
Post CH 14 Linear Programming Applications Solve selected textbook problems

Contact Hour 16
Content
Type Reference Topic Study/HW Resource Reference
Pre CH 15 Distribution and Network Models Read Chapter 10 (T2)
During CH 15 Distribution and Network Models Chapter 10 (10.1 to 10.3) (T2);
Post CH 15 Distribution and Network Models Solve selected textbook problems

Evaluation Scheme:
EC = Evaluation Component; AN = Afternoon Session; FN = Forenoon Session

No Name Type Duration Weight Day, Date, Session, Time

EC-1 Quiz-I Online - 5% September 1-10, 2023
Quiz-II Online 5% October 1-10, 2023
Quiz-III Online 5% November 1-10, 2023
Experiential 5% To be Announced
Learning
(Quiz/Assignment)
EC-2 Mid-Semester Test Open Book 2 hours 35% Saturday, 23/09/2023 (AN)

EC-1 Comprehensive Open Book 2½ 45% Saturday, 25/11/2023 (AN)

Exam hours

Syllabus for Mid-semester examination (Open Book): Topics 1 to 8 given in the Content Structure above.
Syllabus for End-semester examination (Open Book): All topics (1 to 15 given in the Content Structure above).

Experiential Learning
 1. MS Excel will be used (in extra sessions) for solving problems of the following chapters-
 Organizing and Visualizing Variables
 Numerical Descriptive Measures
 Basic Probability
 Discrete Probability Distributions
 The Normal distribution
 Sampling Distributions
 Confidence Interval Estimation
 Fundamentals of Hypothesis Testing: One-Sample Tests
 Two-Sample Tests and ANOVA
 Chi-Square Tests
 Simple Linear Regression
 Introduction to Linear Programming
 Linear Programming Applications in Marketing, Finance, and Operations Management
 Distribution and Network Models

2. Online, free to use software will be introduced (in extra sessions) to get solutions of Linear Programming
+ Distribution and Network Models.

Important links and information:

Elearn portal: https://elearn.bits-pilani.ac.in
Students are expected to visit the Elearn 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 Elearn
portal.

Evaluation Guidelines:
1. EC-1 consists of three Quizzes + one Experiential learning components. Students will attempt them
through the course pages on the Elearn portal. Announcements will be made on the portal, in a 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. If a 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 to the evaluation
scheme provided in the handout.