Course Overview Course Highlights • Impart a Conceptual Understanding of Quantitative Methods
• The Role in Business
• Application oriented – Problem Solving
• Uses Excel to solve problems
MBA ZC417 Q UAN TI TA TIV E M ETHODS 3 BITS-Pilani
Teaching Methodology - I
This course is on Flipped Mode
• Students are expected to come prepared for class • Instructor’s role • Assign problem set for next class • Clarify doubts • Assist students in solving the problem set
MBA ZC417 Q UAN TI TA TIV E M ETHODS 4 BITS-Pilani
Teaching Methodology - II
Through Problem Solving
To maximize learning • Note the topic for the next class (available in the Handout) • View the Pre-recorded Lectures before class • Read the relevant chapter before class • Attempt the problem set • These will be solved in the next class
MBA ZC417 Q UAN TI TA TIV E M ETHODS 5 BITS-Pilani
Textbooks – 1
MBA ZC417 Q UAN TI TA TIV E M ETHODS 6 BITS-Pilani
Textbooks – II
David R Anderson, Dennis J Sweeney,
Thomas A Williams, Jeffrey D. Camm and T-1 James J. Cochran, Statistics for Business (Business Statistics) and Economics. Twelfth edition. Cengage Learning. 2014 David R Anderson, Dennis J Sweeney, T-2 Thomas A Williams, Jeffrey D Camm and Kipp Martin. Quantitative Methods for (Management Science) Business. Twelfth edition. Cengage Learning. 2013
MBA ZC417 Q UAN TI TA TIV E M ETHODS 7 BITS-Pilani
Course Coverage
Topic Chapter1 Module2 Topic Chapter3 Module2
STATISTICS MANAGEMENT SCIENCES Data and Statistics 1 0, 1 An Introduction to Linear Programming 7 12 Descriptive Statistics 2, 3 1 Sensitivity Analysis 8 13 Probability 4 2 Linear Programming Applications 9 – 11* Notes Probability Distributions 5, 6 3 Sampling and Sampling Distributions 7 4 Interval Estimation 8 5 Fundamentals of Hypothesis Testing 9 6 Hypothesis Testing 10 – 12 7–9 Experimental Design and ANOVA 13 10 Simple Linear Regression 14 11 Multiple Linear Regression Notes 11 1: Chapter in Textbook T1 2: Module in Courseware Quantitative Methods 3: Chapter in Textbook T2
MBA ZC417 Q UAN TI TA TIV E M ETHODS 8 BITS-Pilani
Evaluation Scheme
No Name Type Duration Wt Day, Date, Session, Time
EC-1 Quiz-I Online - 5% Refer Handout Quiz-II 5% Refer Handout Experiential Learning 15% Refer Handout EC-2 Mid-Semester Test Closed Book 2 hours 30% Refer Handout EC-1 Comprehensive Exam Open Book 3 hours 45% Refer Handout
MBA ZC417 Q UAN TI TA TIV E M ETHODS 9 BITS-Pilani
Evaluation Scheme
Absolutely no Make Ups for Quizzes
No Name Type Duration Wt Day, Date, Session, Time
EC-1 Quiz-I Online - 5% Refer Handout Quiz-II 5% Refer Handout Experiential Learning 15% Refer Handout EC-2 Mid-Semester Test Closed Book 2 hours 30% Refer Handout EC-1 Comprehensive Exam Open Book 3 hours 45% Refer Handout
MBA ZC417 Q UAN TI TA TIV E M ETHODS 10 BITS-Pilani
Important Links & Information Elearn portal: https://elearn.bits-pilani.ac.in Visit the Elearn portal regularly to 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. Tests: Dates will be posted on the portal, in a timely manner. 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 late. Quizzes: No Make Ups MBA ZC417 Q UAN TI TA TIV E M ETHODS 11 BITS-Pilani Note of Caution
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.
MBA ZC417 Q UAN TI TA TIV E M ETHODS 12 BITS-Pilani