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# Madras University IDE syllabus for M.B.A Quantitative methods in Business - Paper II

 Posted Date: 13-Jun-2011 Last Updated: 13-Jun-2011 Category: Syllabus Author: Sindhu Pratap Member Level: Gold Points: 2

This article has the syllabus of M.B.A Quantitative Methods in Business - Paper II of University of Madras IDE. It is for all the first year student of M.B.A Institute of Distance education for University of Madras with reference books needed. Subject Code: PBA 102.

First Year

#### Quantitative Methods in Business - Paper II Syllabus

Unit – I
Probability: Rules of Probability, Binomial, Poisson and Normal distribution – their applications in Business and Industrial problems – Baye's Theorem and its business applications.
Risk and uncertainty in decision making – minimax, maximini and regret criteria – Hurwitz and Laplace criteria in business decision making – Decision tree.
Unit – II
Elementary idea of different sampling techniques – Hypothesis testing – Chi-Square test – Correlation and regressing analysis – Single and two factor analysis of variance.
Unit – III
Elementary Concepts of factor analysis, Multiple regression analysis, discriminant analysis, Cluster analysis and Conjoint analysis in marketing problems.
Unit – IV
Application of Differentiation and Integration : Maxima, minima, average cost, total cost, marginal revenue, average revenue, total revenue – Consumer surplus and producer surplus.
Unit – V
Research in business – Conducting investigation – Report writing – Academic and Business Research Reports – Research format.

## References

1. Richard I Levin and David S. Rubin, Statistics for Management, Pearson Education Asia 2002.
2. David M. Levin, Simothy C Krehbiel and Mark L Berenson, Business Statistics – A first course. Pearson Education Asia – 2002.
3. Levin and Rubin, Statistics for Management – Prentice Hall of India 2001 7th edition.
4. Gupta S.P., and Gupta M.P., Business Statistics, New Delhi, Sultanchand 1997.
5. Sharma J.K., Quantitative Techniques for Managerial Decision, Macmillan India Ltd., 2001.
6. G.V. Shenoy and Madan Port, Statistical methods in Business and Social Science, Macmillan India Ltd., 1994.

Reference: www.ideunom.ac.in
 Related Resources:Madras University IDE Syllabus for M.B.A Management Accounting - Paper IV

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