QUANTITATIVE METHODS

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Kamal Kumar Barik

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Course Name : QUANTITATIVE METHODS

Code(Credit) : MSGM 1104 (3-1-0)

Course Objectives

  • MODULE: I Overview of Statistics

    Nature, Scope and limitations of statistics; uses of statistics to business and industrial activities, Statistical Data –primary and secondary data, Collection of data, Classification and tabulation of data, Diagrammatic and graphic representation of data. Questionnaire –its characteristics and drafting.

    MODULE-II Measurement of Central Tendency & Dispersion

    Data Measure of Central Tendency: Introduction, Meaning of quantitative technique, statistical Research, Measures of central tendency (Averages), Arithmetic mean, Weighted Mean, Median, Mode Measures of Dispersion: Range, Quartile Deviation, Mean Deviation, Standard Deviation, Coefficient of Variation.

    MODULE : III Probability

    Probability: Basic concepts, Bayesian, Probability Distribution- Binomial, Poisson, Normal Distribution .

    MODULE -IV Sampling and Hypothesis test

    Sampling: Introduction, why sampling, sampling methods, Sampling distribution, standard error, typeI and II error, Estimation, properties of good estimator, Type of estimation, Confidence limit. Hypothesis: Hypothesis testing, Z-test, t-test, Chi square test, F-test, ANOVA.

    MODULE -V Forecasting Technique

    Correlation, Regression, Time series.

    Text Book
    1. Gupta .S.C and Kapoor .V.K, “Fundamentals of Mathematical Statistics”, Sultan Chand and sons, Reprint 2003.

    2. Gupta .S.C, and Kapoor, V.K, “Fundamentals of Applied Statistics”, Sultan Chand and sons, 2003.

    3. Veerarajan.T, “Probability Statistics and Random Processes”, TMH, First reprint, 2004.

Learning Outcomes

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Course Syllabus

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Session Plan

Session 1

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Session 2

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Case Studies

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Kamal Kumar Barik

Kamal Kumar Barik
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Dr. Kamal Kumar Barik is presently working as Associate Professor, Dept. of Civil Engineering, CUTM, Bhubaneswar Campus. He did his Ph.D. at SRM University, Chennai in the field of Remote Sensing and GIS. He has been more than 8 years of teaching experience at Post Graduate level (M.Sc. and M.Tech.). Previously he was served as […]