Course Objectives
The course on Quantitative Methods (QM) for the Post Graduate Programme in Rural Management draws its context from both mathematics and statistics. It tries to identify mathematical and statistical concepts and tools and their application in different functional areas. In other words, it is designed to help the participants get the feel of a few relevant concepts in mathematics and statistics: what are they, when to apply these in the decision making process and how to interpret the results.
The course does not include any mathematical proofs.
The Course has two parts. The first part covers a few concepts from basic mathematics and the second covers statistical techniques. The following chapters will be covered in these two parts.
Syllabus
1. (BASIC MATHEMATICS)
- Set theory
- Functions & Derivatives
- Maxima & Minima of Functions
- Matrix algebra
II: (STATISTICS)
- Descriptive Statistics
- Probability
- Probability Distribution
- Sampling
- Estimation
- Test of Hypothesis
- Simple regression
Evaluation
1. Attendance and class participation - 10%
2. Announced quizzes – 30 % (10 percent each for 3 quizzes)
3. Mid term exam – 30%
4. End term exam – 30%
References
SUGGESTED READINGS:
1.Dean Burton V. ET AL, MATHEMATICS FOR MODERN MANAGEMENT
2. Levin R.I, Rubin D.S., Statistics for Management, Prentice Hall India, Seventh Edition, 2000. The Institute library has multiple copies of the book. Also note that, as the course covers fundamental topics, most books on business statistics are equally useful.
3. Statistics and mathematics resources on the Internet
Created By: Lingaraj Pattanaik on 06/07/2006 at 09:39 AM Category: PGPRM - I Doctype: Document