ACADEMIC DELIVERABLES CELL

TEACHING AND LEARNING PLAN (TLP)

Trimester/ Specialisation / Batch

Programme Year
Semester
1
PGDM 2016-18
Subject
Credit No of sessions Duration

3 15 2 hours each
Quantitative Techniques
Faculty
Cell No Res / Office No E Mail
Ramanath Krishnamoorthy ramanath.krishnamoorthy
9844127525
@welingkar.org

Learning Objectives for the Subject

Please add a few lines describing the learning objectives for this course (this could be in terms of
what the student is able to do at the end of the course)

This is an introductory course on Quantitative Techniques. The objectives of the course are:

Introducing the basic concepts involved in statistical reasoning

To provide confidence in drawing meaningful and valid conclusions from data

To provide exposure to the right tools to be able to perform basic and advanced data analysis

To provide exposure to a large data-base thereby learning the process of converting data to information
and information to knowledge.

Alignment of Course to Program Goals and Objectives

(please tick mark Program Goals and Objectives which are relevant to this course you could
add objectives if necessary )

Goal/Competency Specific Behavioural Attributes / Objectives

1 Leadership Takes Initiative / is Proactive

Generates agreement in a group in any situation.
Is Result Oriented
Takes calculated risks

2 Critical /Analytical Analyses situations using tangible and intangible

Thinking information.
Analyses a problem to its root cause.
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3 Innovation
4 Global Perspective
5 Role of Individual in
Organization and
Society
6 Communication Skills
Visualizes innovative solutions
Gathers needs holistically
Aware of contemporary globally accepted practices, tools
and techniques.
Views problems and solutions from a global perspective
organizational, locational & cultural.
Demonstrates clarity on his / her personal goals
Demonstrates sensitivity to ethical issues.
Is aware of social context and believes in working
out solutions based on sustainability principles.
Demonstrates good written skills
Demonstrates good spoken skills
Demonstrates good personal impact skills

Learning Outcome

The following are the learning outcomes of this course :

To be able to properly present and describe data in tables and charts

To make inferences about the characteristics of large population based only on information obtained
through a sample

Understanding variation and how to apply this understanding in improving data analysis

To make predictions and obtain reliable forecasts

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 Assurance of Learning

Sr No Method planned for AOL Description

1 Theory Each theoretical framework is explained through a

discussion in class. A question is first raised. Various
methods are discussed. The theoretical framework is inter-
woven and is achieved as an outcome of these discussions.
2 Practice Every alternate session is a practice session. Students are
provided with data-bases. Basic training on using software
programs like Excel and SPSS is provided. Every alternate
session is an assignment. These assignments are discussed
and evaluated in class.

3 Evaluation of learning A combination of 6 assignments and 1 final exam

Lec Topics Key Learning Points Pedagogy

No Covered
Introduction to Why everyone needs to have some basic statistical knowledge
Statistics
Examples of importance in HR, Operations, Marketing and
Statistics - The Finance
Art of Zipping or
1 Precis Writing Statistics is about zipping or precis writing Discussion

Four buckets that All variables can be classified into four buckets
variables fit into

Statistics - Every variable can be summarised if we can measure its centre,

Central extremes and distribution
Tendency and How to measure the centre and extremes of any variable Discussion and
2
Variation How do we do this in Excel, functions and commands Excel Workshop

Excel Workshop
My Class- Excel We create a data-base of every individual in the class. Information
Workshop - My on 40 variables is collected.
Class Group Exercise
3 Each group makes a presentation their understanding of "My and
Class" Presentation

My Country - The NSSO carries out a survey on consumer expenditure once

Data Mining the every 3 years
NSS Database This data-base is provided to the students and they are asked to
4 present their findings Assignment
This gives them an exposure in creating and mining an extremely
large data-base

My Country - After the first exposure, students list down the problems they
Data Mining the faced while mining this large data-base
NSS Database Each problem is discussed and solutions are suggested
Students are given an exposure to SQL the universal data-base Discussion and
5
language Excel Workshop

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 Probability The importance of understanding the distribution of a variable
Distributions the Discussion on two commonly occurring distributions; Binomial
third parameter and Normal
6 of zipping Excel workshop on how to determine probabilities of Binomial Discussion
and Normal distribution functions

Correlation and Introduction to Bi-variate analysis

Regression The importance of correlation in understanding the relationship
Using the "My between two variables
Class database to How to estimate one variable given the other using regression Discussion and
7
learn Excel How to validate a regression output Workshop
applications How to perform multiple regression in Excel

Sampling theory A well designed sample is more reliable than a census

Universe size does not impact sample size
Sample size depends on the variation of the measured variable
and the desired sampling error
8 Randomisation is the only means of selecting an unbiased sample Discussion

Sampling : Large databases present their own problems in terms of the time
Benefits of using and computing required to analyse the whole database
sampling in Sampling is a good solution in order to manage this complexity
9 mining large How to draw a good sample and how to validate the accuracy of Workshop
data-bases this sample

Time-Series A data-base is provided (Client database with 5 years of monthly

Forecasting - An sales data)
Excel Workshop The four components of time-series are explained Workshop and
10- The groups then work on a time-series forecast and present their Group
11 findings Presentation

Advanced Time- Higher order methods of time-series like Box-Jenkins are applied
Series to the same data-base.
Forecasting - An The improvement in the time-series forecast using these models is
12- SPSS Workshop then demonstrated SPSS- based
13 Workshop

Index Numbers: The NSSO data-base is used in creating an index of district

Creating a consumption in India
District Index of
14- consumption Excel based
15 using NSS data Workshop

Reference Text
Srl No

1.
Statistics for Management : Levin, Reuben

2 Business Statistics using Excel : Davis, Pecar

Business Modeling and Data Mining : Dorian Pyle

3

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 Evaluation Schedule

Srl No Method Description Credits

Group Assignments and 6 research assignments are assigned and 40 marks
1 Presentations the group presents every alternate week

Written Exam Final Written Exam 60 marks

2
TOTAL 100

Name of Faculty : Ramanath Krishnamoorthy Date ___________ Signature _____________

COUNTERSIGNED
(BY RESPECTIVE SPECIALISATION DEAN)

Name of Dean : Date ______________ Signature ____________

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