Session Plan

Faculty Subject Code Subject Name Paper Type: (Internal/External) Total Marks ` Number of Students Enrolled Course Description /Syllabus

Books prescribed by Pune University

Suggested Study Material: Journals/Magazines/Business Reviews

(To be filled in as and when suggestions are made)

Session Plan
Mr Krishna Ramisetty 104 Statistical & Quantitative Methods

External 100

1. Arranging data to convey meaning - Tables, Graphs and Frequency Distribution 2. Measures of Central Tendency Arithmetic Mean, Median, Mode. Measures of Dispersion Range, Quartile, Mean Deviation, Standard Deviation, Coefficient of Variation. 3. Correlation Karl Pearson coefficient & Rank correlation Partial & Multiple correlation. Simple and Multiple Regression (Linear) Equation and prediction 4. Association of Attributes: Yules coefficient & Coefficient of colligation. 5. Probability Concept, Bayes theorem. Probability Distributions - Binomial, Poisson and Normal. 6. Linear Programming ormulation.Graphical solution, Transportation & Assignment Problems all

methods

1. Statistical and Quantitative Methods By Ranjit Chitale, 2. Statistical Methods - S.P.Gupta, 3. Statistics for Management - Levin and Rubin, 4. Quantitative Techniques Vol. 1 and 2 L.C.Jhamb, 5. Statistics and Quantitative Techniques - M.G.Dhaygude, 6. Quantitative Techniques - N.D.Vohra

Week Number Date Range

Learning Objectives/Outcomes for the week: to provide the methodology and scope of various modes of presen intended to help in making effective presentation of data and conclusions relating to analysis a

Session Number 1 2 3 4

Date (DD-MMM-YYYY)

Topic / Sub-topic coverage Objective(s) planned Arranging Data To describe various charts and graphs Tables Graphs and thus help in using the same for any Frequency Distribution live data in the work environment Frequency Distribution

utcomes for the week: f various modes of presentation of Data ons relating to analysis and evaluation for an assignment or a project

Pre-reading material suggested to students Statistics for Management - T N Srivastsava, Shailaja Rego, Chapter 3 -

Teaching Methodology / Classroom Activity

Completion Percentage (Approximate)

Lecture / Demonstaration on MS - Excel, Exercises

Summary / Notes (if any)

Suggested Study Material: Journals/Magazines/Business Reviews

Week Number Date Range

Learning Objectives/Outcomes for the Various Measures of Location such as Mean, Median, Mode. Also the Measures of variation such as range, standard deviation, mean deviation

Session Number 5 6 7 8

Date (DD-MMM-YYYY)

Objective(s)

To use summary/descriptive statistics to describe collections of data and how data bunch up. To describe how data spreads out using Dispersion measures

Learning Objectives/Outcomes for the week: easures of Location such as Mean, Median, Mode. Also their relative advantages and limitations riation such as range, standard deviation, mean deviation. Their relative advantages and limitations

Topic / Sub-topic coverage planned Measures of Central Tendency - Mean , Mode, Merits and Demerits

Pre-reading material suggested to students Statistics for Management T N Srivastsava, Shailaja Rego, Chapter 4 - "Measures of Central Tendency and Dispersion"

Teaching Methodology / Classroom Activity Solving Cases for better understanding the implementation of various measures to various situations

Measures of Dispersion - Range, Quartile,

Standard Deviation, Variance, Coefficient of Variation

Summary / Notes (if any)

Completion Percentage (Approximate)

Suggested Study Material: Journals/Magazines/Business Reviews

Week Number Date Range

Learning Objectives/Outcomes for the week: understand the relevance and application of relationship between two

Session Number 9 10 11 12

Date (DD-MMM-YYYY)

Objective(s) Determine the nature of mathematical relationship, if it exists

Topic / Sub-topic coverage planned Karl Pearson Correlation Coefficient Spearman's Rank Correlation Partial Correlation Multiple Correlation

es/Outcomes for the week: cation of relationship between two variables

Pre-reading material Teaching Methodology / suggested to students Classroom Activity Statistics for Management - T N Srivastsava, Shailaja Rego, Chapter 8,9 Practise excercises and cases

Completion Percentage (Approximate)

Summary / Notes (if any)

Suggested Study Material: Journals/Magazines/Business Reviews

Week Number Date Range

Learning Objectives/Outcomes for the week: understand the relevance and application of relationship between two varia

Session Number 13 14 15 16

Date (DD-MMM-YYYY)

Objective(s) Determine the nature of mathematical relationship, if it

Topic / Sub-topic coverage planned Simple Regression Analysis Multiple Regression Analysis Yule's Coefficient Coefficient of Colligation

ectives/Outcomes for the week: application of relationship between two variables

Pre-reading material Teaching Methodology / suggested to students Classroom Activity Statistics for Management - TN Statistical Methods - SP Gupta Practise excercises and cases

Completion Percentage (Approximate)

Summary / Notes (if any)

Suggested Study Material: Journals/Magazines/Business Reviews

Week Number Date Range

Learning Objectives/Outcomes for the week: Concepts and application of Probability

Session Number 17 18 19 20

Date (DD-MMM-YYYY)

Objective(s)

Topic / Sub-topic coverage planned Probability - Concepts, Additional Rule,

To determine probabilities in Conditional Rule, Bayee's rule various Probability Distributions - Binomial, Management and Business situations Normal Distribution

tives/Outcomes for the week: d application of Probability

Pre-reading material suggested to students

Teaching Methodology / Classroom Activity

Completion Percentage (Approximate)

Statistics for Management - T N Srivastsava, Shailaja Rego, Chapter 5, 7 Practise excercises and cases

Summary / Notes (if any)

Suggested Study Material: Journals/Magazines/Business Reviews

Week Number Date Range

Learning Objectives/Outcomes for the week: Optimum utilization of Resources through various statistica l mo

Session Number 21 22 23 24

Date (DD-MMM-YYYY)

Objective(s)

Solving product mix problems, distribution Transportation Problems - Northwest corner rule, least cost entry method and wahre house allocation problems VAM

Topic / Sub-topic coverage planned Linear Programming - Formulation Graphical Solution

s/Outcomes for the week: ces through various statistica l models

Pre-reading material suggested to students

Teaching Methodology / Classroom Activity

Completion Percentage (Approximate)

Quantitative Techniques in Management - ND Vohra - Chapter 2,5 Practise excercises and cases

Summary / Notes (if any)

Suggested Study Material: Journals/Magazines/Business Reviews

Week Number Date Range

Learning Objectives/Outcomes for the week: Optimum solution for Transportation Models Queuing theory

Session Number 25 26 27 28

Date (DD-MMM-YYYY)

Objective(s)

Topic / Sub-topic coverage planned Transportation problems - Modi Method Assignment Problems Hungarian Method Queuing Theory - M/M/I

Effective Customer service models M/M/C

ectives/Outcomes for the week: lution for Transportation Models Queuing theory

Pre-reading material suggested to students Quantitative Techniques in Management - ND VOHRA - Chapter 5,6

Teaching Methodology / Classroom Activity

Completion Percentage (Approximate)

Quantitative Techniques in Management - ND VOHRA - Chapter 10 Practise excercises and cases

Summary / Notes (if any)

Suggested Study Material: Journals/Magazines/Business Reviews

Week Number Date Range

Learning Objectives/Outcomes for the week: Brand Switching example

Session Number 29 30 31 32

Date (DD-MMM-YYYY)

Objective(s) Input and output markovian analysis

Topic / Sub-topic coverage planned Markov Chains Markov Chains Simulation - Monte Carlo

Use of Random Numbers in Monte Carlo simulation Simulation - Monte Carlo

ctives/Outcomes for the week: nd Switching example

Pre-reading material suggested to students

Teaching Methodology / Classroom Activity

Completion Percentage (Approximate)

Quantitative Techniques in Management - ND VOHRA Chapter 14 Quantitative Techniques in Management - ND VOHRA Chapter 17 Practise excercises and cases

Summary / Notes (if any)

Suggested Study Material: Journals/Magazines/Business Reviews

Week Number Date Range

Learning Objectives/Outcomes for the week: Game Theory

Session Number 33 34 35 36

Date (DD-MMM-YYYY)

Topic / Sub-topic coverage Objective(s) planned Game Theory - 2x2 zero sum with dominance, To know the consequences Pure Strategy of interplay of combination Mixed Strategy of strategies for success Exercises

es/Outcomes for the week: ame Theory

Pre-reading material suggested to students

Teaching Methodology / Classroom Activity

Completion Percentage (Approximate)

Quantitative Techniques in Management - ND VOHRA - Chapter 15 Practise excercises and cases

Summary / Notes (if any)

Suggested Study Material: Journals/Magazines/Business Reviews

Week Number Date Range

10

Learning Objectives/Outcomes for the week: to learn how to choose best course of action out of the different alternatives av

Session Number 37 38 39 40

Date (DD-MMM-YYYY)

Topic / Sub-topic coverage Objective(s) planned to develop a pay- Decision Making under Risk off matrix, regret Case Solving matrix to make under Uncertainity decisions Case Solving

ectives/Outcomes for the week: se of action out of the different alternatives available

Pre-reading material suggested to students

Teaching Methodology / Classroom Activity

Completion Percentage (Approximate)

Quantitative Techniques in Management - ND VOHRA - Chapter 13 Practise excercises and cases

Summary / Notes (if any)

Suggested Study Material: Journals/Magazines/Business Reviews

Session Count Summary

Standard Sessions Time (Hours) 32 40 Actual Variance 32 40

on Count Summary
Notes, if any

Sessions No. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36

Session Plan Summ

Planned Coverage Arranging Data Tables Graphs Frequency Distribution Frequency Distribution Measures of Central Tendency - Mean , Mode, Median Merits and Demerits Measures of Dispersion - Range, Quartile, Mean Deviation, Standard Deviation, Variance, Coefficient of Variation Karl Pearson Correlation Coefficient Spearman's Rank Correlation Partial Correlation Multiple Correlation Simple Regression Analysis Multiple Regression Analysis Yule's Coefficient Coefficient of Colligation Probability - Concepts, Additional Rule, Multiplication rule, Conditional Rule, Bayee's rule Probability Distributions - Binomial, Poisson Normal Distribution Linear Programming - Formulation Graphical Solution Transportation Problems - Northwest corner rule, least cost entry method VAM Transportation problems - Modi Method Assignment Problems - Hungarian Method Queuing Theory - M/M/I M/M/C Markov Chains Markov Chains Simulation - Monte Carlo Simulation - Monte Carlo Game Theory - 2x2 zero sum with dominance, Pure Strategy Mixed Strategy Exercises

Session Plan Summary

Actual Coverage Deviation details

Notes, if any

Assessment Summary
Assessment Type Marks Session No. Case study 20 Session No. Assignment 20

(Enter the Topic / Sub topic details covered by the assessment)

Session No.

Presentation 20

Session No.

Quiz 20

Session No.

Tests 40

Session No.

Mid-term 50

Session No.

End-term 70