tanctw

UNIVERSITI TUNKU ABDUL RAHMAN (UTAR)

FACULTY OF BUSINESS AND FINANCE
UNIT PLAN

1.

Unit Code &

Unit Title:
Course of
Study:

UBEQ1013 QUANTITATIVE TECHNIQUES I

Year of Study:
Year &
Semester:
Credit Hour

Year One Trimester One

2015/05

7.

Credit Hour &

Contact Hour:
Lecturer:

2 hours lecture per week for the duration of 14 weeks,

1.5 hour tutorial per weeks for the duration of 14 weeks
Ms. Tan Chai Thing, M.Econs, B.Econs (Hons), tanct@utar.edu.my
Mr. Kuar Lok Sin, kuarls@utar.edu.my

8.

Tutor:

9.
10.

Moderator
Mode of
Delivery:
Objective:

Mr. Chen Fanyu, chenf@utar.edu.my

Mr. Chong Chee Keong, chongck@utar.edu.my
Ms. Hannuun Eadiela Binti Yaacob, Hannuun@utar.edu.my
Mr. Keh Chia Guan, kehcg@utar.edu.my
Mr. Kuar Lok Sin, kuarls@utar.edu.my
Ms. Tan Chai Thing, tanct@utar.edu.my
Mr. Thurai Murugan a/l Nathan
Lecture and Tutorial

2.
3.
4.
5.
6

11.

12.

Learning
Outcome:

13.

Reading List:

AC, BA, BF, EN, FE, FN, MK

3 credit hours

The unit aims to provide an introduction to mathematical and statistical techniques which
are widely applicable in business and commercial organisations. Emphasis will be placed
on the application of the syllabus materials to business and commercial data.
The course covers a variety of mathematical and statistical techniques applicable to
presentation, interpretation and use of data.
Upon completing this course, students will be able to:
1. perform basic mathematical operations that require problem solving and critical thinking
skills.
2. identify basic graphs and properties of polynomials, rational, exponential and
logarithmic functions and able to apply their knowledge in this area to business
applications such as simple, compound interest and ordinary annuities.
3. use basic counting techniques and calculate probabilities of given events including the
use of conditional probabilities.
4. apply the mathematical knowledge of probabilities to business problems and interpret
the result.
5.
present and analyze statistical data.
Main Text:
1. Wong, Y.M., Kong, J.K., Pok, W.F., & Har, W.M. (2006). Basic Quantitative
Techniques. Kuala Lumpur: Prentice Hall.
2. Francis, Andre (2004). Business Mathematics and Statistics (6th ed.). London UK:
Thomson.
3. Weiers, Ronald M. (2011). Introduction to Business Statistics (7th ed.). United States

Teaching Plan of UBEQ1013 QUANTITATIVE TECHNIQUES I

of America: Thomson.
Other references:
1. Tan, S. T. (2010). Applied Mathematic for the Managerial, Life, & Social Sciences (5th
ed.). Belmont US: Thomson.
2. Curwin, Jon & Slater, Roger (2008). Quantitative Methods for Business Decisions (6th
ed.). London UK: Thomson.
3. Jacques, Ian (2006). Mathematics for Economics and Business (5th ed.). Harlow UK:
Prentice Hall.
4. Levine, D.M., Stephan, D., Krehbiel, T.C. & Berenson, M.L. (2011). Statistics for
Managers: Using Microsoft Excel (6th ed.). New Jersey: Pearson Prentice Hall.
14.

Method of
Assessment:

No.
1.

Method of Assessment
Coursework
a) Mid-term Test
b) Assignment
Total
2.
Final Examination
GRAND TOTAL

Total
40%
26%
14%
40%
60%

(50 marks)
(50 marks)
(100 marks)
(100 marks)

60%
100%

1. Coursework Assessment 40% (100 marks)

a) Mid-term Test 26% (50 marks)
Test will be given to monitor students progress on the understanding of the lectures.
The duration of the test will be 1 hour and will be scheduled at WEEK 5. The test will
consist of TWO (2) compulsory structural questions which cover topic 1 and topic 2.
b) Assignment 14% (50 marks)
Assignment will be given to monitor students progress on the understanding of the
lectures. The duration of the assignment will be 1 day and will be scheduled at WEEK
10. The assignment will consist of TWO (2) compulsory structural questions which
cover topic 3 and topic 4.
2. Final Examination 60% (100 marks)
The final examination for this subject will be 3 hours and will consist of TWO sections:
Section A (40 marks) = ONE (1) compulsory question. (40 marks)
Section B (60 marks) = THREE (3) questions in which students are required to answer any
TWO (2) questions. (60 marks)
15.

Remark:

ACADEMIC REGULATIONS
Plagiarism
Plagiarism is defined as the submission or presentation of work, in any form, which is not
one's own, without acknowledgment of the sources. If a student obtains information or
ideas from an outside source, that source must be acknowledged. Another rule to follow is
that any direct quotation must be placed in quotation marks and the source immediately
cited.
Plagiarism is also defined as copy of all or part of the work of another student(s) of current
or previous batch of this University or another higher learning institution.
The University's degree and other academic awards are given in recognition of the

Teaching Plan of UBEQ1013 QUANTITATIVE TECHNIQUES I

candidate's personal achievement. Plagiarism is therefore considered as an act of academic

fraudulence and as an offence against University discipline.
Intellectual Property
Copyright must be seriously protected. The University takes a strong stand against any
illegal photocopying of textbooks and any other materials by students. Students are
forewarned of the consequences and the penalty that may be meted out if they are "caught
in the act".
Mode of Referencing
Students are advised to incorporate proper academic modes of referencing. The normally
acceptable mode of academic referencing is the American Psychological Association
(APA) system; please refer to the attached APA referencing system document for detailed
usage.

Teaching Plan of UBEQ1013 QUANTITATIVE TECHNIQUES I

Teaching Plan (Lecture, Tutorial & Assignment Plan)

Week
Topics
13
01. Mathematical Techniques
(08/06/1528/06/15)

Arithmetic Procedures
Polynomials
Percentages, Ratio and Discounts
Powers and Roots
Logarithms
Inequalities
Solving Linear, Quadratic and Simultaneous
Linear Equations
o Graphing Quadratic Function
o Break-Even Analysis, Cost-Revenue and Profit
Functions
o The Derivatives
o Differentiation of Simple Algebraic Functions
o Differential of Sums Products and Quotients of
Algebraic Functions
o Evaluation of First and Second Derivatives
o Integration
o Optimization, Maximization and Minimization

4
(29/06/15
5/07/15)

02. Index Numbers

5&6
(06/07/15
19/07/15)

03. Financial Mathematics

7&8
(20/07/15
02/08/15)

The Interpretation of Index Numbers

The Construction of Index Numbers
Changing the Base Period
The Weighting of Index Number
Problems involved in the Use of Index Number
Special Published Indices
o Consumer Price Index (CPI)
o Kuala Lumpur Composite Index (KLCI)

Arithmetic and Geometric Progressions

Simple Interest & Compound Interest
Nominal and Effective Rate of Interest
Present Value
Future Value of an Annuity
Present Value of an Annuity
Amortization and Sinking Funds
o Amortization of Loans
o Financing a Home
o Sinking Funds
Discounted Cash Flow Techniques

04. Linear Programming

Linear Inequalities in Two Variables

Linear Programming Problems
Model Formulation
Graphical Solution of Linear
Problems
Sensitivity Analysis
o Slack Variables

Teaching Plan of UBEQ1013 QUANTITATIVE TECHNIQUES I

Programming

Tutorial/ Assignment

Reference

Tutorial 1 Revision
Discussion questions

1. Wong Y.M.
et. al.,
Chapter 1,
2. Francis,
Chapter 24
Tutorial 2 & 3 (Topic 1):
to 28,
Discussion questions and self- 3. Tan, Chapter
practice questions.
1, 2, 3 & 9,
4. Curwin &
Slatter,
Chapter 23
& 25

Tutorial 4 (Topic 1):

1. Wong Y.M.
Discussion questions and selfet. al.,
practice questions.
Chapter 4,
2. Francis,
Chapter 18
to 20,
3. Curwin &
Slater,
Chapter 7

Tutorial 5 (Topic 2):

1. Wong Y.M.
Discussion questions and selfet. al.,
practice questions.
Chapter 2,
2. Francis,
Chapter 21
Tutorial 6 (Topic 3):
to 23,
Discussion questions and self- 3. Tan, Chapter
practice questions.
4
Mid-Term Test (Week 5)
Topic 1 & 2

Tutorial 7 (Topic 3:
1. Wong Y.M.
Discussion questions and selfet. al.,
practice questions.
Chapter 3,
2. Francis,
Tutorial 8 (Topic 4):
Chapter 35,
Discussion questions and self- 3. Tan, Chapter
practice questions.
6

Week

Topics

Tutorial/ Assignment

Reference

o Assumptions and Limitations

o Shadow Prices and Uses
9 11
(03/08/15
23/08/15)

05. Descriptive Statistics

12
(24/08/15
30/08/15)

06. Probability

13
(31/08/15
06/09/15)

14
(07/09/15
13/09/15)

Definition and Purpose of Statistics

Types and Sources of Data
Collection of Data
Sampling Methods
Frequency Distribution: Histogram, Bar Chart, Pie
Chart
Frequency
Polygon:
Cumulative
Frequency
Distribution, Ogive
Measures of Central Tendency: Median, Mode,
Arithmetic Mean, Geometric Mean, Weighted Mean
Measures of Dispersion: Range, Quartiles,
interquartile Range, Variances, Standard Deviation
Skewness

Permutation and Combination

Definition of Probability
Mutually Exclusive and Nonexclusive Events
Rules of Addition
Independent Events, Dependent Events
Conditional Probability
Rules of Multiplication
Probability Trees and Bayes Theorem

and

07. Discrete Probability Distribution

Random Variables and Probability Distribution

Expectation
Binomial Distribution
Poisson Distribution and its Approximation to
Binomial Distribution

Revision

4.
Tutorial 9 (Topic 4):
1. Wong Y.M.
Discussion questions and selfet. al.,
practice questions.
Chapter 5,
2. Weiers,
Tutorial 10 (Topic 5):
Chapter 1 to
Discussion questions and self4,
practice questions.
3. Francis,
Chapter 2 to
Tutorial 11 (Topic 5):
11,
Discussion questions and self- 4. Curwin &
practice questions.
Slatter,
Chapter 5 &
Assignment (Week 10)
6,
Topic 3 & 4
5. Levine,
Chapter 1 to
3
Tutorial 12 (Topic 5)
1. Wong Y.M.
Discussion questions and selfet. al.,
practice questions.
Chapter 6,
2. Weiers,
Chapter 5,
3. Levine,
Chapter 4

Tutorial 13 (Topic 6)
1. Wong Y.M.
Discussion questions and selfet. al.,
practice questions.
Chapter 7,
2. Weiers,
Chapter 6,
3. Levine
Chapter 5
Tutorial 14 (Topic 7)
Discussion questions and selfpractice questions.

Notes: The information provided in this Unit Plan is subject to change by the Lecturers. Students shall be
notified in advance of any changes.

Teaching Plan of UBEQ1013 QUANTITATIVE TECHNIQUES I