BIRLA INSTITUTE OF TECHNOLOGY & SCIENCE, PILANI

WORK INTEGRATED LEARNING PROGRAMMES

Digital

Part A: Content Design

Course Title Introduction to Statistical Methods
Course No BA ZC413
Credit Units 3
Credit Model
Content Authors Santanu Koley

Course Objectives (CO)

CO-1 To provide a foundation for Applied Statistics

CO-2 Using computer software to solve Statistical problems

Textbooks (T)
T-1 David R Anderson, Dennis J Sweeney, Thomas A Williams, Jeffrey D. Camm and
James J. Cochran, Statistics for Business and Economics. 12th Edition. Cengage
Learning. 2014 (note that a new edition, 13e, has recently come up)

Reference Books (R)

R-1 Ken Black. Business Statistics. Fifth edition. Wiley. 2010.
R-2 Amir D Aczel, Jayavel Sounderpandian, Palanisamy Saravanan and Rohot Joshi.
Complete Business Statistics. Seventh edition. McGraw Hill. 2012
R3 David M Levine, Timothy C Krehbiel, Mark L Berenson and PK Viswanathan.
Business Statistics. Fifth Edition. Pearson Education. 2011

Learning Outcomes (LO)

LO-No Learning Outcome

LO-1 The student should be able to apply Statistical techniques to business problems

LO-2 The student should be able to formulate and solve business problems

LO-3 The student should be able to interpret computer outputs

Content Structure
1. Data and Statistics
1.1 Applications in Business and Economics
1.2 Data
1.3 Data Sources
1.4 Descriptive Statistics
1.5 Statistical Inference
1.6 Computers and Statistical Analysis
2. Descriptive Statistics: Tabular and Graphical Presentations
2.1 Summarizing Qualitative Data
2.2 Summarizing Quantitative Data
2.3 Cross Tabulation and Scatter Diagrams
3. Descriptive Statistics: Numerical Measures
3.1 Measures of Location
3.2 Measures of Variability
3.3 Measures of Shape, Relative Location and Detecting Outliers
3.4 Exploratory Data Analysis
3.5 Measures of Association between Two Variables
4. Probability
4.1 Basic probability concepts
4.2 Conditional probability
4.3 Bayes’ Theorem
5. Discrete Probability Distributions
5.1 Probability distribution for a discrete random variable
5.2 Binomial distribution
5.3 Poison distribution
6. (a) Continuous Probability Distributions
6.1 Uniform probability distributions
6.2 Normal probability distribution
6.3 Exponential probability distribution
6. (b) Multivariate Distributions & Bayes Theorem for Continuous Variables
7. Sampling and Sampling Distributions
7.1 Simple Random Sampling
7.2 Point Estimation
7.3 Introduction to Sampling Distribution
7.4 Sampling Distribution of the Mean
7.5 Sampling Distribution of Proportion
7.6 Properties of Point Estimators
7.8 Other Sampling Methods
8. Interval Estimation
8.1 Confidence interval estimation for the mean (σ known)
8.2 Confidence interval estimation for the mean (σ unknown)
8.3 Determining sample size
8.4 Confidence interval estimation for the proportion
9. Fundamentals of Hypothesis Testing
9.1 Hypothesis testing methodology
9.2 Z test of Hypothesis for the mean (σ known)
9.3 t test of Hypothesis for the mean (σ unknown)
9.4 Z test of Hypothesis for the proportion
9.5 Decision Making, Probability of Type-II Errors, Sample Size Determination (Self Study)
10. Two-Sample Tests
10.1 Comparing means of two independent populations
10.2 Comparing means of two related populations
10.3 Comparing two population proportions
11. Inferences about Population Variances
11.1 Inferences about a Population Variance
11.2 Inferences about Two Population Variances
12. Tests of Goodness of Fit and Independence
12.1 Goodness of Fit Test: A Multinomial Population
12.1 Test of Independence
13. Experimental Design and ANOVA
13.1 An Introduction
13.2 ANOVA and the Completely Randomized Design
14. Simple Linear Regression
14.1 Simple Linear Regression Model
14.2 Least Square method
14.3 Coefficient of Determination
14.4 Model Assumptions
14.5 Testing for Significance
14.6 Computer Solution - Simple & Multiple Linear Regression
15. Bayesian Statistics
15.1 Bayesian and Frequentist Statistics
15.2 Bayes Rule - a Recap
15.3 Beta Distribution
15.4 Parameter Estimation
15.4 Hypothesis Testing
Part B: Learning Plan

Academic Term First Semester 2022-2023

Course Title Introduction to Statistical Methods
Course No BA ZC413
Lead Instructor Santanu Koley

Contact Content
Type Topic Study/HW Resource Reference
Hour Reference
Read Chapter-1, Watch relevant PRLs
Pre CH
(Pre-Recorded Lectures - Videos)
1&2 During 1 Data & Statistics Chapter-1
CH
Post CH Solve selected textbook problems

Pre CH Read Chapter-2, Watch relevant PRLs

During Descriptive Statistics: Tabular and
3&4 2 Chapter-2
CH Graphical Presentations
Post CH Solve selected textbook problems

Pre CH Read Chapter-3, Watch relevant PRLs

During Descriptive Statistics: Numerical
5&6 3 Chapter-3
CH Measures
Post CH Solve selected textbook problems

Pre CH Read Chapter-4, Watch relevant PRLs

During
7&8 4 Probability Chapter-4
CH
Post CH Solve selected textbook problems

Pre CH Read Chapter-5, Watch relevant PRLs

During
9 & 10 5 Discrete Probability Distributions Chapter-5
CH
Post CH Solve selected textbook problems

Pre CH Read Chapter-6, Watch relevant PRLs

During
11 & 12 6 (a) Continuous Probability Distributions Chapter-6
CH
Post CH Solve selected textbook problems

Pre CH
During Multivariate Distributions & Bayes
13 & 14 6 (b) Class Notes
CH Theorem for Continuous Variables
Post CH Solve selected problems

Pre CH Read Chapter-7, Watch relevant PRLs

During
15 & 16 7 Sampling and Sampling Distributions Chapter-7
CH
Post CH Solve selected textbook problems

17 & 18 Pre CH 8 Read Chapter-8, Watch relevant PRLs

Contact Content
Type Topic Study/HW Resource Reference
Hour Reference
During
Chapter-8
CH Interval Estimation
Post CH Solve selected textbook problems

Pre CH Read Chapter-9, Watch relevant PRLs

During
19 & 20 9 Hypothesis Tests Chapter-9
CH
Post CH Solve selected textbook problems

Pre CH Read Chapter-10, Watch relevant PRLs

During
21 & 22 10 Two-Sample Tests Chapter-10
CH
Post CH Solve selected textbook problems

Pre CH Read Chapter-11, Watch relevant PRLs

During
23 & 24 11 Inferences about population variances Chapter-11
CH
Post CH Solve selected textbook problems

Pre CH Read Chapter-12, Watch relevant PRLs

During Tests of Goodness of Fit &
25 & 26 12 Chapter-12
CH Independence, Chi-Squared Test
Post CH Solve selected textbook problems

Pre CH Read Chapter-13, Watch relevant PRLs

During
27 & 28 13 Experimental Design & ANOVA Chapter-13
CH
Post CH Solve selected textbook problems

Pre CH Read Chapter-14, Watch relevant PRLs

During
29 & 30 14 Simple Linear Regression Chapter-14
CH
Post CH Solve selected textbook problems

Pre CH
During
31 & 32 15 Bayesian Statistics Class Notes
CH
Post CH Solve selected problems

Evaluation Scheme:
The course will have three Evaluation Components (EC); two quizzes (EC-1a, EC-1b) and one
experimental learning assignment (EC-1c), a Mid-semester Examination (EC-2), and an End-semester
Examination (EC-3).
1. The two quizzes- EC-1a and EC-1b will have 25 multiple choice questions each. The student will
attempt the quiz on Elearn portal. The experimental learning assignment EC-1c will be based
upon some decision based theoretical/conceptual problem.
2. The Mid-semester examination will be a Closed Book examination. Books, reference material,
laptops, tablets, mobile phones etc, will not be permitted. Use of calculators will be permitted.
Probability distribution tables will be provided.
3. The End-semester examination will be an Open Book examination. Students can bring books,
printed/ written reference material (filed or bound) but they cannot exchange them. Loose sheets
of paper will not be permitted. Use of calculators will be permitted. Laptops, mobile phones,
tablets, etc., will not be permitted. Graph sheets or probability distribution tables will be
provided.
4. If a student is unable to appear for the Mid-semester or End-semester examination due to genuine
exigencies, the student would have to follow the procedure to apply for the Makeup examination
which will be made available on the Elearn portal. The Makeup examination will be conducted
only at selected examination centres on the dates to be announced later.

Evaluation Scheme:
Legend: EC = Evaluation Component; AN = After Noon Session; FN = Fore Noon Session

No Name Type Duration Weight Day, Date, Session, Time

EC-1 Quiz-I Online - 5% August 16-30, 2022
Quiz-II Online 5% September 16-30, 2022
Experiential Learning Assignment 15% October 16-30, 2022
EC-2 Mid-Semester Test Open Book 2 hours 30% Sunday, 25/09/2022 (AN)
2 PM – 4 PM
EC-3 Comprehensive Exam Open Book 2 hours 45% Sunday, 27/11/2022 (AN)
2 PM – 4 PM

Syllabus for Mid-semester examination (Open Book): Topics in Contact Hours 1 to 16.
Syllabus for End-semester examination (Open Book): All topics in Contact Hours 1 to 32.

Important links and information:

1. Elearn portal: https://elearn.bits-pilani.ac.in
2. Students are expected to visit the Elearn portal on a regular basis and stay up to date with the latest
announcements and deadlines.
3. Contact sessions: Students should attend the online lectures as per the schedule provided on the
Elearn portal.
4. It is the responsibility of the participant to attend all sessions, go through “Self-Study” materials (as
in Content Structure), do self-study schedule as given in the course handout, and take all evaluation
components- Quiz/Assignment, Mid-semester and End-semester examinations.