Course Code: Course Title Credit
CSDLO6013 Quantitative Analysis 3
Prerequisite: Applied Mathematics
Course Objectives:
1 Introduction to the basic concepts in Statistics
2 Understand concept of data collection & sampling methods.
3 Introduction to Regression, Multiple Linear Regression
4 Draw interference using Statistical inference methods
5 Tests of hypotheses
Course Outcomes:
1 Recognize the need of Statistics and Quantitative Analysis
2 Apply the data collection and the sampling methods.
3 Analyze using concepts of Regression, Multiple Linear Regression
4 Formulate Statistical inference drawing methods.
5 Apply Testing of hypotheses
Module Content Hrs
1 Introduction to Statistics 6
Functions – Importance – Uses and Limitations of Statistics. Statistical data–
Classification, Tabulation, Diagrammatic & Graphic representation of data
2 Data Collection & Sampling Methods 6
Primary & Secondary data, Sources of data, Methods of collecting data.
Sampling – Census & Sample methods –Methods of sampling, Probability
Sampling and Non-Probability Sampling.
3 Introduction to Regression 8
Mathematical and Statistical Equation – Meaning of Intercept and Slope –
Error term – Measure for Model Fit –R2 – MAE – MAPE.
4 Introduction to Multiple Linear Regression 8
Multiple Linear Regression Model, Partial Regression Coefficients, Testing
Significance overall significance of Overall fit of the model, Testing for
Individual Regression Coefficients
5 Statistical inference 6
Random sample -Parametric point estimation unbiasedness and consistence
- method of moments and method of maximum likelihood.
6 Tests of hypotheses 5
Null and Alternative hypotheses. Types of errors. Neyman-Pearson lemma-
MP and UMP tests.
Textbooks:
1 Agarwal, B.L. (2006):-Basic Statistics. Wiley Eastern Ltd., New Delhi
2 Gupta, S. P. (2011):-Statistical Methods. Sultanchand&Sons, New Delhi
3 Sivathanupillai, M &Rajagopal, K. R. (1979):-Statistics for Economics Students.
4 Hogg ,R.V. and Craig, A.T.(2006), An introduction to mathematical statistics, Amerind
publications.
References:
1 Arora, P.N., SumeetArora, S. Arora (2007):- Comprehensive Statistical Methods. Sultan
Chand, New Delhi
2 Montgomery,D.C. ,Peck E.A, & Vining G.G.(2003). Introduction to Linear Regression
Analysis. John Wiley and Sons,Inc.NY
3 Mood AM, Graybill FA, and Boes, D.C.(1985), Introduction to the theory of statistics,
McGrawhill Book Company, New Delhi.
4 Kapur, J.N. and Saxena,H.C.(1970), Mathematical statistics, Sultan Chand & company, New
Delhi..
Assessment:
Internal Assessment:
Assessment consists of two class tests of 20 marks each. The first class test is to be conducted
when approx. 40% syllabus is completed and second class test when additional 40% syllabus is
completed. Duration of each test shall be one hour.
End Semester Theory Examination:
1 Question paper will comprise of total six questions.
2 All question carries equal marks
3 Questions will be mixed in nature (for example supposed Q.2 has part (a) from module 3
then part (b) will be from any module other than module 3)
4 Only Four question need to be solved.
5 In question paper weightage of each module will be proportional to number of respective
lecture hours as mention in the syllabus.
