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(Established under the Presidency University Act, 2013 of the Karnataka Act 41 of 2013)

A-2[2019] COURSE HANDOUT


SCHOOL: LAW DEPT: School of Law DATE OF ISSUE: 19-June-2020

NAME OF THE PROGRAM: BBALLB

P.R.C. APPROVAL REF.: PU/AC-11/16/06_2019

SEMESTER/YEAR: I Sem/ 1st Year

COURSE TITLE & CODE: Quantitative Techniques (BBL301)


COURSE CREDIT STRUCTURE: 4 Credits. Credit Structure: 4-0-0 4
CONTACT HOURS: 60 hours (4 Hours / Week)
COURSE INSTRUCTOR: Dr. Sagar M
PROGRAM OUTCOMES:

PO-1 : Ability to apply the fundamental concept of Humanities, Commerce and Management to
legal problems
PO-2 : Ability to develop critical thinking skill
PO-3 : Ability to identify, analyze and solve legal problem with professional ethics and integrity
PO-4 : Ability to conduct dispute resolution with professional ethics and integrity
PO-5 : Ability to draft professional legal writing along with effective oral communication
PO-6 : Ability to apply legal theory to factual settings
PO-7 : Ability to apply legal theory to engage in legal argumentation
PO-8 : Ability to conduct independent legal research specific to the case
PO-9 : Ability to conduct client services with necessary usage of technological tools
PO-10 : Recognition of the need for engaging in lifelong learning
PO-11 : Exhibit social responsibility adhering to ethical and moral values
PO-12 : Ability to adapt knowledge of contemporary issues

COURSE PREREQUISITES:
Students are expected to have knowledge of elementary mathematics (upto 10th standard) and
should be able to solve numerical problems of elementary mathematics.
COURSE DESCRIPTION:

The course starts with an understanding of data and how useful it is for business and research. It
explains the basics of quantitative techniques being used in business practices using sample data and how
to interpret the data using tabular and graphical representations using tools like MS Excel. It also explains
the basics of statistics by measuring samples of data and approximating it to a population and interpreting
it in simple terms. It explains correlation analysis of data in terms of understanding response variables and
predictor variables to develop equations or models. Students learn to solve basic mathematical problems
using set theory, matrices and functions. Discuss the basics and applications of probability theory.
COURSE OUTCOMES: On successful completion of the course the students shall be able to:
CO1) Explain the basics of quantitative techniques being used in the business practices. Bloom level 1
(Knowledge).
CO2) Apply the basic statistical tools to solve real life problems. Bloom level 3 (Application).
CO3) Solve basic mathematics problems related to set theory, matrices and functions. Bloom level 2
(Comprehension).
CO4) Discuss the basics and applications of probability theory. Bloom level 2 (Comprehension).

MAPPING OF C.O. WITH P.O. [H-HIGH, M- MODERATE, L-LOW]

C.O. P.O. 01 P.O.02 P.O.03 P.O.04


N0.
CO1 H M M H
CO2 M H H H
CO3 M M L H
CO4 L L L H

COURSE CONTENT (SYLLABUS):


Unit I Overview of Business 9 Hours (including Comprehension
Statistics: sessions, assignments
Definition, importance and self-learning)
and limitations,
Functions and scope of
statistics, Types of data,
Data collection
techniques,
Presentation of data-
tabular and graphical,
Introduction to
sampling, Types of
Sampling Techniques
Unit II Measures of central 16 Hours (including Application
tendency and sessions, assignments
Dispersion: and self-learning)
Central tendency –
Mean, Median, Mode,
Partition values,
Dispersion – range,
quartile deviation,
average deviation,
standard deviation,
Lorenz curve;
Skewness, moments
and kurtosis
Unit III Correlation and 11 Hours (including Application
Regression Analysis: sessions, assignments
Significance of study of and self-learning)
correlation, Correlation
and causation, Types of
correlations,
Measurement of
correlation (Karl
Pearson’s methods,
Spearman’s rank
correlation), Difference
between correlation and
regression, Bivariate
regression model &
regression equations of
Y on X, Index numbers
Unit IV Basic Mathematics: 14 Hours (including Comprehension
Set Theory, Relations sessions, assignments
and Functions, Plotting and self-learning)
of Mathematical
Equations, Definition
and types of matrices,
algebra of matrices,
multiplication of two
matrices, Solving
simultaneous equations,
inverse of a matrix
Unit V Theory of Probability: 10 Hours (including Knowledge
Introduction, Random sessions, assignments
experiments, Event, and self-learning)
Axiomatic approach to
probability, Conditional
Probability, Probability
applications,
Multiplication Theorem
on Probability,
Independent Events,
Bayes’ Theorem

Total Duration: 60 hours (Including sessions, self-learning and assignments)

DELIVERY PROCEDURE (PEDAGOGY):

The teaching method for course will include online lectures, videos, assignments and discussion
methods. Classroom discussion on all the topics will be primarily through PowerPoint presentations, videos
and numerical problem discussion. Class presentations and Class participation will make lectures more
interactive. Course objectives and the evaluation process also motivates the methodology adopted. Students
are expected to read the circulated material and numerical examples before the topic is discussed in the
classroom.
Self-Learning Topics:

Sl. Self-Study Topic (will be part of Source


No. assessment)
1. Problems related to presentation of Levin D. M. ,Stephan D. F. & Szabat K. A.; Statistics for
data Managers; Pearson Education.
2. Numerical problems Levin D. M. ,Stephan D. F. & Szabat K. A.; Statistics for
Managers; Pearson Education
3. Some specific numerical problems on Material will be sent through E-mail and shared on
correlation Edhitch
4. Numerical problems based on the Vittal P.R.; Business Mathematics; Margam Publishers
multiplication theorem on probability

REFERENCE MATERIALS: (Textbooks, reference books, any other resources, like webpages.)
Text Book
• Sancheti D.C. and Kapoor V.K.; Business Mathematics; Sultan Chand & Sons.
• Gupta M.P. & Gupta S.P.; Business Statistics; Sultan Chand Publications.
• Levin D. M. ,Stephan D. F. & Szabat K. A.; Statistics for Managers; Pearson Education.
• Gupta S. C.; Fundamentals of Statistics; Himalaya Publishing House.
Reference Books:

• Quantitative Methods for Managers – S.L. Agarwal and S.L. Bhardwaj, Kalyani
Publishers, 2016.
• Business Analytics – Data Analysis and Decision Making, Christian Albright and Wayne
L. Winston. 5th Edition. Published 2013 by Cengage Learning in Stamford, CT, USA.
• Statistics for Managers using Microsoft Excel, Levine, Stephan, Krehbiel and Berenson,
Prentice Hall India.

GUIDELINES TO STUDENTS:
1. Reading the textbook and class notes on a regular basis is advisable.
2. Sourcing multiple reading resources is required including videos / case studies for better learning.
3. Focus on specific problem solving examples across chapters wherever required.

COURSE SCHEDULE:
Sl. ACTIVITY STARTING CONCLUDING TOTAL NUMBER
No. DATE DATE OF PERIODS
01 Over View of the course 01 hours
02 Quiz-1 June 13th
03 Module: 01 5 hours
04 Quiz-2 June 20th
04 Module: 02 5 hours
05 Module: 03 4 hours
06 Assignment/any other Will be notified Will be notified
activity/Video Lecture/
07 Module: 04 & 05 5 hours
09 Announcement of End To be announced To Be Announced
term exam

SCHEDULE OF INSTRUCTION: (This is a micro level planning and this is prepared unit wise. At the
end of each Unit, mention unit is concluded.) [Here Mention the Self Learning component and the
Innovative Methods if any.]
Sl. Lesson Title Topics Course Delivery Reference
no Outcome Mode
Number
1 Module 1: Overview of Definition, 1, 2 Lecture Text
business statistics importance Book/Reference
and limitations Book
of statistics
2 Different functions and 1, 2 Lecture and Book/ Web source
scope of statistics discussion
3 Data definition and 1, 2 Lecture Text Book/Reference
different types of data Book
4 Data handling 1, 2 Lecture Text Book/Reference
techniques Book
5 Presentation of data in 1, 2 Lecture and Book/ Web source
tabular and graphical presentation
forms
6 Problems related to presentation of data 1, 2 Self Learning Topic
7 Introduction to sampling 1, 2 Lecture Text Book/Reference
and its importance Book
8 Types of sampling 1, 2 Lecture Text Book/Reference
techniques and sampling Book
errors
9 Problems and query solving from module 2 1, 2 Discussion
10 Module 2: Measure of Introduction, 1, 2 Lecture and Text
central tendencies and needs and discussion Book/Reference
dispersion importance of Book
central tendencies
and its different
types

11 Introduction to mean 1, 2 Lecture Text Book/Reference


and numerical problems Book
related to arithmetic
mean
12 Numerical problems on arithmetic mean 1, 2 Self learning topic
(Continued)
13 Assumed mean and 1, 2 Lecture Text Book/Reference
shortcut method for Book
finding mean
14 Median, its properties 1, 2 Lecture and Text Book/Reference
and numerical based on discussion Book
median
15 Numerical problems on 1, 2 Lecture Text Book/Reference
median (Continued) Book
16 Mode, its properties and 1, 2 Lecture Text Book/Reference
numerical problems Book
based on mode
17 Numerical problems on 1, 2 Lecture Text Book/Reference
mode(Continued) Book
18 Introduction, needs and 1, 2 Lecture and Book/ Web Source
importance of measure discussion
of
19 Module 3: Introduction 1, 2 Lecture Text Book/Reference
Correlation and and and Book
regression analysis significance of discussio
correlation, n
properties of
correlations,
types of
correlations
20 Calculating correlation 1, 2 Lecture Text Book/Reference
Book
21 Calculating correlation 1, 2 Lecture Text Book/Reference
Coefficients Book
22 Numerical problems on the 1, 2 Lecture Text Book/Reference
calculation of correlation Book
23 More numerical problems on correlation 1, 2 Self learning topic
24 Difference between correlation and 1, 2 Lecture and Text Book/Reference
regression, introduction to discussion Book
regression
25 Introduction to bivariate regression 1, 2 Lecture Text Book/Reference
model on regression equations Book
26 Numerical problems based on 1, 2 Lecture Text Book/Reference
regression Book
Module 4: Introduction to probability 1, 4 Lecture Text Book/Reference
Theory of theory, various definitions Book
Probability of probability, basic
components of probability
theory
27 Random experiments, 1, 4 Lecture and Book/ Web source
events, sample space, and discussion
numerical problems based
on it
28 Conditional probability 1, 4 Lecture Text Book/Reference
and its calculation Book
29 Numerical problems based 1, 4 Lecture Text Book/Reference
on conditional probability Book
30 Multiplication theorem on 1, 4 Lecture Text Book/Reference
probability and the concept Book
of independent events
31 Numerical problems based 1, 4 Self learning
on the multiplication topic
theorem on probability
32 Revision and doubt 1, 4 Discussion
clearing (Entire syllabus)
33 Module 5 : Venn Introduction to 1, 3 Lecture
Diagrams and sets
Probability
34 Operations on sets 1, 3 Lecture Text Book/Reference
Book
35 Venn Diagram and its 1, 3 Presentation Web Source
applications and discussion
36 Problems related to set 1, 3 Presentation Text Book/ Web
theory and Venn diagram and discussion Source
37 Relations and Functions 1, 3 Lecture Text Book/Reference
Introduction Book
38 Important Definitions and 1, 3 Lecture Text Book/Reference
Theorems from relations Book
and functions
39 Problems related to 1, 3 Discussion Text Book/Reference
relations and functions Book
40 Plotting of mathematical 1, 3 Lecture and Text Book/ Web
equations Presentation Source
41 Introduction to Matrices 1, 3 Lecture Text Book/Reference
and its Algebra Book
42 Various operations of 1, 3 Lecture Text Book/Reference
matrices Book
43 Multiplication of Matrices 1, 3 Lecture Text Book/Reference
Book
44 Inverse of a Matrix 1, 3 Lecture Text Book/Reference
Book
45 Solving simultaneous 1, 3 Lecture Text Book/Reference
equations using matrices Book
properties
46 Problems and query 1, 3 Discussion
solving from module 1
Assessments:

Duration Marks % Venue


Component Date & Time
(minutes) Weightage

Quiz 1 Online
30 20 10
Edhitch

Quiz 2 Online
30 20 10
Edhitch

Quiz 3 Online
30 20 10
Edhitch

End Term Final 100 (To be Online


1.5 Hours 50
Exam decided)

2 Assignments Online
20 20
submission

Total 180 100

COURSE CLEARANCE CRITERIA:

a. Minimum requirement of attendance: 75%


b. Minimum marks in continuous assessment:
c. Minimum marks in term end examination:

CONTACT TIMINGS IN THE CHAMBER FOR ANY DISCUSSIONS:


Students may contact the faculty online during University working hours and by email or text.

TARGET SET C.O. No. Course Outcomes Target set for


FOR COURSE attainment in
OUTCOME percentage
ATTAINMENT:
Sl.no
01 CO1 Explain the basics 80
of quantitative
techniques being
used in the business
practices.
02 CO2 Apply the basic 70
statistical tools to
solve real life
problems.
03 CO3 Solve basic 70
mathematics
problems related to
set theory, matrices
and functions.
04 CO4 Discuss the basics 80
and applications of
probability theory.

Signature of the course Instructor

This course has been duly verified Approved by the D.A.C.

Signature of the Chairperson D.A.C.


Course Completion Remarks &Self-Assessment. [This has to be filled after the completion of the
course]

[Please mention about the course coverage details w.r.t. the schedule prepared and implemented. Any
specific suggestions to incorporate in the course content. Any Innovative practices followed and its
experience. Any specific suggestions from the students about the content, Delivery, Evaluation etc.]

Sl.no. Activity Scheduled Actual Remarks


As listed in the Completion Date Completion Date
course Schedule
Any specific suggestion/Observations on content/coverage/pedagogical methods used etc.:

Sl.no C.O. No. Course Target set for Actual C.O. Remarks on
Outcomes attainment in Attainment attainment
percentage In Percentage &Measures to
enhance the
attainment
1 C01
2 C02
3 C03
4 C04
5
6
7

Name and signature of the Faculty member:

D.A.C. observation and approval:

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