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Bba QT

This document outlines the modules for a Quantitative Technique for Business Management course. The 5 modules will cover: 1) an introduction to quantitative techniques and their application and limitations in business; 2) probability concepts including theorems, conditional probability, and Bayes' theorem; 3) theoretical distributions like binomial, Poisson, and normal; 4) statistical inference including hypothesis testing, parametric and non-parametric tests, and ANOVA; 5) correlation and regression analysis including Pearson's coefficient and simple linear regression. The course aims to familiarize students with using quantitative techniques in managerial decision making.

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123 views

Bba QT

This document outlines the modules for a Quantitative Technique for Business Management course. The 5 modules will cover: 1) an introduction to quantitative techniques and their application and limitations in business; 2) probability concepts including theorems, conditional probability, and Bayes' theorem; 3) theoretical distributions like binomial, Poisson, and normal; 4) statistical inference including hypothesis testing, parametric and non-parametric tests, and ANOVA; 5) correlation and regression analysis including Pearson's coefficient and simple linear regression. The course aims to familiarize students with using quantitative techniques in managerial decision making.

Uploaded by

mshashi5
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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BACHELOR OF BUSINESS ADMINISTRATION BBII1C03 QUANTITATIVE TECHNIQUE FOR BUSINESS

MANAGEMENT Time: 5 Hours per week Credits: 4 Objectives: • To familiarize the student with the use
of quantitative techniques in managerial decision making.

Module I Quantitative techniques—introduction—meaning and definition— classification of QT, QT and


other disciplines—application of QT in business— limitations 5 Hours

Module II Probability –concept of probability—meaning and definition— approaches to probability—


Theorems of probability—addition theorem— multiplication theorem—conditional probability— inverse
probability—Baye’s theorem. 15 hours

Module III Theoretical distribution—binomial distribution—basic assumptions and characteristics—


fitting of binomial distribution—Poisson distribution— characteristics—fitting of Poisson distribution—
Normal distribution—features and properties—standard normal curve. 15 Hours

Module IV Statistical inference—testing of hypothesis—procedure—error in testing— two tail test and


one tail test—non parametric tests - Chi-Square test only - Parametric tests—Z test—test of significance
of large samples—test for two sample means—small sample mean tests—Student t test—Analysis of
variance—F test—one way ANOVA and two way ANOVA tests.
20 hours Module V

Correlation and regression analysis—meaning and definition of correlation—Karl Pearson’s coefficient of


correlation—rank correlation— Regression—types—determination of simple linear regression—
Coefficient of determination.

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