Indian Institute of Management, Kashipur

Post Graduate Program in Management

Advanced Data Analysis
Term V, 2020-21
Credit: 1

Instructor:
Name: Sabyasachi Patra
Contact Info: C2/8 Academic Building, [Link]@[Link], 5947-262174 Ext. 238
Office Hours: During 1-hour period immediately after the class. No appointments required.

Course Description
This course is designed to develop and understand the advanced concepts of data analysis for
management students. The main goal of this course is to improve the quality of decision making
through an understanding of the complex data and hidden relationships amongst the variables
that arise from different sources.

Course Objectives
At the end of this course, you will able to

 Understand the key principles for analyzing complex data. [PLO1a,1b]

 Understand and implement advanced regression techniques. [PLO1b]
 Design and implement techniques for manipulating and analyzing categorical and interval-
valued data. [PLO1f]

Required Textbook
James et. al. (2017). An Introduction to Statistical Learning: with Applications in R. Springer.
ISBN 978-1-4614-7138-7. url: [Link]

Lecture Notes.
Required Software
 R ([Link]
 R Studio

Pedagogy and Course Requirements

The course will be primarily taught though a combination of class discussions, quizzes, software
applications. The class discussion will involve the readings assigned for the class, which may
include lecture notes, articles, and cases. You are expected to have done all the assigned reading
and to actively participate in these discussions. Three quizzes will be taken. Each quiz will cover
the material assigned for and/or discussed in that class. If you are late for class, you will not
receive extra time to complete the quiz. The missed quizzes shall not be made up under any
circumstances and you will receive zero points. Each project team will make a presentation of
their work in the class. Each member must present an equitable share of the overall team
presentation. Instructor will let you know beforehand the time allowed for your presentation.

Grading
Mid-Term Examination 20%
End-Term Examination 25%
Quiz (best two) 20%
Project (group) 15%
Assignments 20%

Tentative Class Schedule

(Additional readings, cases, and articles may be assigned as they become available)

Session Topic Readings Assignment

1–2 Revisiting Basic Statistics Lecture
 Probability Theory Notes
 Statistical Distributions
 Estimation
 Hypothesis Testing
3-4 Multivariate Statistics Lecture R Assignment # 1
 Basics of Matrix and Vector Algebra Notes
  Random Vector and Matrices
 Sample Geometry and Random
Sampling
 Multivariate Distributions
5-6 Linear Regression Review Lecture
Multivariate Regression and Diagnostics Notes
7-8 Missing Data and Outlier Analysis Lecture
Notes
9- 10 Resampling Methods Lecture R Assignment # 2
 Bootstrap Notes
 Leave-one-out
 Cross-validation
 Generalized cross-validation
11 - 12 Advanced Topics in Regression – I Lecture
 Variable Selection Notes
 Handling Categorical Variables
13 - 14 Advanced topics in Regression – II Lecture
 Ordinal and multinomial model Notes
 Survival Model
 Generalized Linear Model
15 - 16 Statistical Classification Lecture
 Support Vector Machines Notes
 Advanced models
17 Handling Unbalanced Class Problems Lecture R Assignment # 3
Notes
18 - 19 Tree Based Methods Lecture
 Decision Tree Notes
 Bagging
 Boosting
 Random Forest
20 - 22 Principal components and factor analysis Lecture R Assignment # 4
 Principal component analysis (PCA) Notes
 Rotation of principal components
 Factor Analysis
23 – 24 Project Presentation -

Course Policies
1. Responsibility for Course Materials: You are responsible for all material covered in
class. If you are absent, you are responsible for obtaining the information you missed.
2. Classroom Behavior: We expect you to participate in class activities in a mature and
appropriate manner. Disruptive or otherwise unacceptable behavior will not be tolerated.
3. Mobile and Laptop Use: Mobiles and laptops are not permitted in the classroom. I will
let you know beforehand if laptop is required for a class. In the class, you must keep your
laptop down unless asked by the instructor.
4. Academic Conduct: All members of the academic community at IIM Kashipur are
expected to practice and uphold standards of academic integrity and honesty. Academic
integrity means representing oneself and one’s work honestly. Misrepresentation is
cheating since it means students are claiming credit for ideas or work not actually theirs
and are thereby seeking a grade that is not actually earned. Following are some examples
of academic dishonesty:
i. Cheating on quizzes and examinations. This includes using materials such as
books and/or notes when not authorized by the instructor, copying from someone
else’s paper, helping someone else copy work, substituting another’s work as
one’s own, theft of exam copies, or other forms of misconduct on exams.
ii. Plagiarizing the work of others. Plagiarism is using someone else’s work or
ideas without giving that person credit; by doing this students are, in effect,
claiming credit for someone else’s thinking. Whether students have read or heard
the information used, they must document the source of information. When
dealing with written sources, a clear distinction should be made between
quotations (which reproduce information from the source word-for-word within
quotation marks) and paraphrases (which digest the source of information and
produce it in the student’s own words). Both direct quotations and paraphrases
must be documented. Even if students rephrase, condense or select from another
person’s work, the ideas are still the other person’s, and failure to give credit
constitutes misrepresentation of the student’s actual work and plagiarism of
another’s ideas. Buying a paper or using information from the World Wide Web
or Internet without attribution and handing it in as one’s own work is plagiarism.
iii. Falsifying records or providing misinformation regarding one’s credentials.
iv. Unauthorized collaboration on computer assignments and unauthorized
access to and use of computer programs, including modifying computer files
created by others and representing that work as one’s own.
v. Unless they specifically indicate otherwise, instructors expect individual, unaided
work on homework assignments, exams, lab reports and computer exercises, and
documentation of sources when used. If instructors assign a special project other
than or in addition to exams, such as a research paper, or original essay or a book
review, they intend that work to be completed for that course only. Students must
not submit work completed for a course taken in the past or for a concurrent
course unless they have explicit permission to do so from both faculty members.

Any academic misconduct will automatically result in a failing grade for the
class and the student will be reported to the committee on academic
misconduct for further disciplinary action.
 4. Attendance: As far as I am concerned, you are an adult and it is your decision whether or
not you attend class. However, your decision not to attend a class may have negative
consequences for your class grade. (Please consult PGP Participants’ Handbook for this
purpose).
If you decide to attend a class, you must come to the class and take your seat sufficiently
before the beginning of the class time. Under no circumstances you would be allowed in
once the class has started. You are expected to sit through the class unless you have a
prior permission from the instructor to leave the classroom before the end of the class.
5. Late submission: Any late submission beyond the deadline (even by few seconds)
will result in 0 point. Except in case of emergencies, with a doctor's note, any
questions about late submission will not be entertained.
6. Missed exam: There is no make-up for the missed exams unless the student has
discussed and made an arrangement with the instructor for a valid reason beforehand. In
all other instances, the student must produce a valid doctor's note for the day the student
missed the exam. Such doctor's note must be produced in the same week the student
missed the exam.
7. Grade Discussion: It is the student’s responsibility to monitor his or her own grades and
raise any questions s/he may have within one week of the grades assigned.
8. Extra Credit: No Extra credit shall be given to make-up for missed quizzes,
assignments, exams, project, or poor performance in the course.

Learning Accommodations
To provide equal access to the educational programs and opportunities, IIM Kashipur is dedicated to
providing appropriate accommodations to students with documented disabilities such as attention deficit-
hyperactivity disorders, physical disabilities, sensory impairments, and psychiatric disorders in order to
help them achieve their academic and personal potential. These academic accommodations are provided
to students at no cost.

Inclusivity Statement
IIM Kashipur believes that diversity and inclusiveness are essential to excellence in education and
innovation. Our community represents a rich variety of backgrounds, experiences, demographics, and
perspectives. IIM Kashipur is committed to fostering a learning environment where every individual is
respected and engaged. To facilitate a dynamic and inclusive educational experience, we ask all members
of our community to:
• be open to the perspectives of others
• appreciate the uniqueness of their colleagues
• take advantage of the opportunities to learn from each other
• exchange experiences, values, and beliefs
• communicate in a respectful manner
• be aware of the individuals who are marginalized and involve them
• keep confidential discussions private