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QUANTITATIVE TEACHNIQUES FOR MANAGEMENT 



Objective: to make the students familiar with the statistical and mathematical techniques and their
applications in business decision making.
Unit-I: Concept – Nature, Scope and importance of quantitative techniques – Applications of
quantitative techniques in business decision making.
Unit – II: Measures of Central Tendency – Measures of Dispersion –Simple Correlation and
Regression Analysis – Concept and Applications of Multiple Regressions.
Unit –III: Concept of Probability- Probability Rules – Joint and Marginal Probability – Baye’s
Theorem- Probability Distributions- Binomial, Poisson, Normal and Exponential Probability
Distributions.
Unit-IV: Sampling and Sampling Distributions – Estimation – Point and Interval Estimates of
Averages and proportions of small and Large Samples –Concepts of Testing Hypothesis –One
Sample Test for Testing Mean and Proportion of Large and Small Samples.
Unit – V: Tests Two Samples –Tests of Difference between Mean and Proportions of Small and
Large Samples – Chi-square Test of Independence and Goodness of Fitness- Analysis of Variance