Quantitative Analysis for Business Decisions | MBA 1st Sem | JNTUK

Syllabus

Course Code: C-104

Quantitative Analysis for Business Decisions

UNIT-I

Quantitative Techniques: Introduction-Meaning and Definition – Classification of QT-QT and other Disciplines – Application of QT in Business – Limitations.

UNIT-II

Measure of Central Tendency and Dispersions- Arithmetic Mean; Geometric Mean; Harmonic Mean; Median: Mode, Standard Deviation. Simple Correlation-Karl Pearson’s Coefficient of Correlation, Rank Correlation. Simple Regression Analysis – Concept of Probability-Probability Rules-Joint and Marginal Probability-Baye’s Theorem-Probability Distributions – Binominal, Poisson, Normal & Exponential Probability Distributions.

UNIT-III

Introduction of Decision Theory: Steps Involved in Decision Making, Different Environments in which Decisions are Made, Criteria for Decision Making, Decision making under Uncertainty, Decision Making under Conditions of Risk-Utility as a Decision Criterion, Decision Trees, Graphic Displays of the Decision-Making Process, Decision Making with an Active Opponent.

UNIT-IV

Concept of Estimation and Sampling: Inferential Analysis-Point Estimates and Interval Estimates of Averages and Proportions of Small and Large Samples. Sampling –Meaning, Steps in Sampling Process-Sample Size- Probability and Non-Probability Sampling Techniques, Errors in Sampling. Tests of Significance- Types- Hypothesis-Types-Hypothesis Testing and Confidence Intervals. Parametric Test for Means, Proportions, Variance and Paired Observations.

UNIT-V

Analysis of Variance (ANOVA): One-Way and Two Way ANOVA, Non Parametric Tests-Chi-Square-Test of Independence, Test of Goodness of Fit.

Relevant Cases have to be in each Unit and in Examination Case is Compulsory for Every Unit.