SVKM’s Narsee Monjee Institute of Management Studies

Sunandan Divatia School of Science, Mumbai

B.Sc. Applied Statistics & Analytics

Syllabus
Semester I
 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai

Program: B. Sc. Applied Statistics & Analytics Semester : I

Course : Calculus & Differential Equations Code:

Teaching Scheme Evaluation Scheme
Lecture Practical Term End
Tutorial Internal Continuous
(Hours (Hours Examinations (TEE)
(Hours Credit Assessment (ICA)
per per (Marks- 50
per week) Marks - 50
week) week) in Question Paper)
4h 4 Marks Scaled to Marks Scaled to
- -
50 50
Pre-requisite:
Objectives:
The objective of the course is to introduce basic abstract ideas like limit, continuity and
derivatives. The treatment of the course is to familiarize the student without much rigor, but
through real life examples and graphs.
Outcome: Students will have understanding of mathematical calculus through visualizations.
Will have strong foundations for theory of probability and Statistics
Detailed Syllabus: ( per session plan )

Unit Description Duration

1 Limit and Continuity: 20

Limits –an intuitive approach, computing limits, continuity: definition
and its applications, continuity in an interval, properties of continuous
functions.
Sequence & Series- in determinant forms

2 Derivative and its applications: 20

Tangent lines and rate of change, definition, derivatives of standard
functions. Increasing and decreasing functions, concavity, points of inflexion,
relative maxima and minima, first and second derivative tests (without
proof), absolute maxima and minima.
3 Differential Equation: 20
Solutions of equations of first order and first degree, Homogeneous and non
homogeneous equations of first degree, Exact equations, Integrating factors,
solution of differential equations with the help of given integrating factors.
Application of First Order Differential Equations.
Total 45+30

Text Books:
1. Calculus: Early transcendentals (10th Edition): Howard Anton, IrlBivens, Stephen
Davis, John Wiley & sons, 2012.
2. Differential Equations with boundary value problems (8th edition): Dennis G Zill,
Warren S Wright, Brooks/Cole, Cengage Learning, 2012
 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai
Reference Books:
1. George B Thomas, Ross L Finney (2010), Calculus and analytic geometry, 9th
edition, Dorling Kindersley Pvt Ltd.
2. Paul Blanchard, Robert L Devaney, Glen R Hall (2011), Differential Equations4th Edition,
Cengage Learning

Any other information:

Numerical examples are expected to be covered in theory class.

 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai

B.Sc. Applied Statistics & Analytics

Syllabus
Semester I
 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai
Program: B. Sc. Applied Statistics & Analytics Semester : I

Course : Descriptive Statistics – I Code:

Teaching Scheme Evaluation Scheme
Lecture Practical Internal Continuous Term End
Tutorial
(Hours (Hours Assessment (ICA) Examinations (TEE)
(Hours Credit
per per (Marks - 25 (Theory) (Marks - 25 (Theory)
per week)
week) week) & 50 (Practical)) in Question Paper)
3h 4 25 (Theory) &
2h - 25 (Theory)
50 (Practical)
Pre-requisite:
Objectives:
The main objective of this paper is to provide the background of data type, data collection
methods, describing the data graphically, including its central tendency and dispersion.
Outcomes:
After completion of the course, students would be able to :
A student should be able to prepare the data and select appropriate methods to represent data
graphically and derive the basic descriptive statistics of the data.
Detailed Syllabus: ( per session plan )

Unit Description Duration

1 Types of Data and Data Condensation 15+10

a) Concept of population and sample. Different types of scales: nominal,
ordinal, interval and ratio.
b) Collection of Primary data: concept of a questionnaire and a schedule,
Secondary data
c) Types of data: Qualitative and quantitative data; Time series data and
cross section data, discrete and continuous data.
d) Tabulation & Diagrammatic representation using bar diagrams, Line
diagram and pie chart.
e) Univariate frequency distribution of discrete and continuous variables.
Cumulative frequency distribution.
f) Graphical representation of frequency distribution by Histogram,
frequency polygon, Stem and leaf diagram and Cumulative frequency
curve.
2 Measures of central tendency 15+10
(a) Concept of central tendency of data. Requirements of good measure
(b) Mean, Median, Mode: Arithmetic mean (Simple, weighted mean,
combined mean), Geometric mean, Harmonic mean, Median, Mode,
Empirical relation between mean, median and mode
(c) Partition Values: Quartiles, Deciles, Percentiles.
(d) Merits and demerits of using different measures & its applicability
3 Measures of Dispersion, Skewness & Kurtosis – 15+10
(a) Concept of dispersion. Requirements of good measure.
(b) Absolute and Relative measures of dispersion: Range, Quartile
Deviation, Mean absolute deviation, Standard deviation.
 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai

(c) Variance and Combined variance, raw moments and central moments
and relations between them.
(d) Concept of Skewness and Kurtosis: Measures of Skewness: Karl
Pearson’s, Bowley’s and Coefficient of skewness based on moments.
(e) Measure of Kurtosis
(f) Box Plot

Total 45+30

Text Books:
1. S.C. Gupta, V.K. Kapoor (2013) - Fundamentals of Mathematical Statistics, Eighth Edition,
Sultan Chand & Sons.
2. Welling, Khandeparkar, Pawar, Naralkar (2015) -Descriptive Statistics, Third edition,
MananPrakashan
Reference Books:
1. Levin and Rubin (2012) – Statistics for Management, Seventh Edition, Pearson India
2. D. R. Anderson (2012) – Statistics for Business and Economics, Eleventh Edition, South
Western. Cengagelearning .
3. Amir D. Aczel (2012) -Complete Business Statistics, Seventh edition,McGraw Hill
Education(I) Pvt. Ltd.
4. Resendes Keith (2015) - Excelling with Data: Descriptive Statistics using MS Excel, 1st
edition,CreateSpace Independent Publishing Platform.
5. V.R. Pawagi and Saroj A. Ranade (2010) - Statistical methods using R software, Nirali
Publications
6. S.G. Purohit, S.D. Gore and S.R. Deshmukh (2008) - Statistics using R, Narosa Publishing
House
7. Kothari C.R (2014) - Research Methodology, Third Edition, Wiley Eastern Limited
 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai

B.Sc. Applied Statistics & Analytics

Syllabus
Semester I
 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai

Program: B. Sc. Applied Statistics & Analytics Semester : I

Course : Discrete Mathematics Code:

Teaching Scheme Evaluation Scheme
Lecture Practical Term End
Tutorial Internal Continuous
(Hours (Hours Examinations (TEE)
(Hours Credit Assessment (ICA)
per per (Marks- 50
per week) Marks - 50
week) week) in Question Paper)
4h 4 Marks Scaled to Marks Scaled to
- -
50 50
Pre-requisite: None
Objectives:
The purpose of the course is to familiarize the prospective learners with mathematical structures
that are fundamentally discrete. This course introduces sets and functions, forming and solving
recurrence relations and different counting principles.
Outcome: Student should be able to study or describe objects or problems in computer
algorithms and programming languages.
Detailed Syllabus: ( per session plan )

Unit Description Duration

1 Sets and Functions: 20

Sets, subsets, operations on sets, De Morgan’s Laws, Equivalence
relations, partitions of sets. Definition of function. Domain, co domain
and the range of a function. Direct and inverse images. Injective,
surjective and bijective functions. Composite and inverse functions.
Graph of standard functions such as absolute value function, inverse
function, logarithmic and exponential functions, flooring and ceiling
functions, trigonometric functions over suitable intervals.

2 Counting Principles: 20
Sum and Product Rules, Two-way counting, Tree diagram for solving counting
problems,Pigeonhole Principle (without proof); Simple examples, Inclusion
Exclusion Principle (Sieve formula) (Without proof).
Partition and Distribution of objects, Permutation with distinct and indistinct
objects, Binomial numbers, Combination with identities: Pascal Identity,
Vandermonde’s Identity, Pascal triangle, Binomial theorem, Combination with
indistinct objects.
Principle of finite induction and generating functions

3 Recurrence Relations, Graphs and Trees: 20

Recursive definition and examples, Recursive Algorithms. Applications of
Recurrence Relations, Solving Linear Recurrence Relations using generating
functions, Divide-and-Conquer Algorithms and Recurrence Relations,
Huffman Coding and decoding
 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai

Definition and elementary results of Graphs. Definition and elementary results

of Trees. Ordered rooted tree, Binary trees, Complete and extended binary
trees, representing binary trees in memory, traversing binary trees, binary
search tree

Total 60

Text Books:
1. Discrete Mathematics and Its Applications, Seventh Edition by Kenneth H. Rosen,
McGraw Hill Education (India) Private Limited. (2011)

Reference Books:
1. L Biggs (2002), Discrete Mathematics, Oxford University Press
2. Richard A. Brualdi (2008), Introductory Combinatorics, 5th Edition, Pearson Education,
Inc.

Any other information:

Numerical examples are expected to be covered in theory class.

 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai

B.Sc. Applied Statistics & Analytics

Syllabus
Semester I
 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai

Program: B. Sc. Applied Statistics & Analytics Semester : I

Course : Effective Communication Code:

Teaching Scheme Evaluation Scheme
Lecture Practical Term End
Tutorial Internal Continuous
(Hours (Hours Examinations (TEE)
(Hours Credit Assessment (ICA)
per per (Marks- NA
per week) Marks - 50
week) week) in Question Paper)
2h 2 Marks Scaled to Marks Scaled to
-
50 NA
Pre-requisite:
Objectives: To develop confidence and a positive attitude, To fine tune the ability to listen, To
express ideas coherently and cohesively in spoken and written English, To cultivate reading
skills-silent and loud reading.
Outcome: Awareness about self and community.
Understanding different ways of communication.
Detailed Syllabus: ( per session plan )

Unit Description Duration

1 Conversational etiquette - Importance, cultural influence 30

Stage presence and Gestures - Speech, speaking in public
Communication in Business - Essence of communication
Barriers to communication - Causes of failure
Voice Modulation - Nuances, Effect, meanings
Intonation - Nuances, Effect, meanings
Listening I & II - Importance, Causes of failure methods
Positive Presentation – Essentials,
Structure of a Good Speech - method
Reading – Fundamentals
Comprehension - Principles, Essentials,
Business Writing I & II - Principles, Essentials,
E-mails - Essentials,
Letter Writing - Essentials,
Essentials of Grammar - Importance in communication,
Usage & Idiom - Importance in communication,
Computer presentations - Fundamentals and Format
Group Discussion - Format and Importance
Total 30

Text Books:
1. Newspapers, Magazines.
2. Raymond V. Lesikar (1996), Basic Business Communication,12th Edition, Irwin Professional Publishing
3. Stephen Covey(2004), Seven habits of highly effective people – Pocket Books
4. Shirley Taylor (2012), Communication for Business, Pearson Longman
5. Lynne Truss (2009), Eats Shoots and Leaves, Profile Books
6. What not to write (2014) –Viva Books Pvt Ltd
7. Fowler (2015) ,Modern English Usage, 4th edition, Oxford University Press
 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai

B.Sc. Applied Statistics & Analytics

Syllabus
Semester I
 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai

Program: B.Sc. (Applied Statistics & Analytics) Semester : I

Course: Functional Programming Course Code:

Teaching Scheme Evaluation Scheme

Internal Continuous Term End
Lecture Practical Tutorial
Assessment (ICA) Examinations (TEE)
(Hours (Hours (Hours Credit
(Marks - 25 (Theory) (Marks - 25 (Theory)
per week) per week) per week)
& 50 (Practical)) in Question Paper)
25 (Theory) &
2h 2h - 3 25 (Theory)
50 (Practical)
Pre-requisite: None
Objectives: A student will receive basic knowledge about
1. the ability of reading with understanding programs saved in an imperative programming
language,
2. symbolic execution of simple programs for verification,
3. writing and running simple programs of the size of the order of 50 lines of the code
in Python language (object oriented).
Outcomes:
After completion of the course, students would be able to implement basic programs of python
language.
Detailed Syllabus: ( per session plan )
Unit Description Duration
1 Fundamentals of algorithms: Notion of an algorithm. Pseudo-code conventions 15+15
like assignment statements and basic control structures. Analysis of algorithms:
Running time of an algorithm, worst and average case analysis.
Introduction to Programming: Program Design, Program Quality, Pseudocode,
Flowcharts, Version Control, Basics of Computer Organization (Input and
Output), Hello World Code Example
Data Types and Operators: Constants and Variables, Identifier Names (std
formats for nomenclature), Data Types, Integer Data Type, Floating-Point Data
Type, String Data Type, Boolean Data Type, Nothing Data Type (NULL)
Operators: Order of Operations, Assignment, Arithmetic Operators, Integer
Division and Modulus, Unary Operations, Data Type Conversions, Input-
Process-Output Model (Temperature conversion from oF to oC)
Strings: Strings, String Functions, String Formatting
2 Functions: Modular Programming, Hierarchy or Structure Chart, Function 15+15
Examples, Parameters and Arguments, Call by Value vs Call by Reference,
Return Statement, Void Data Type, Scope, Programming Style, Standard
Libraries
Conditions: Structured Programming, Selection Control Structures, If Then
Else, Code Blocks, Relational Operators, Assignment vs Equality, Logical
Operators, Nested If Then Else, Case Control Structure, Condition Examples
Loops: Iteration Control Structures, While Loop, Do While Loop, Flag Concept,
For Loop, Branching Statements, Increment and Decrement Operators, Integer
Overflow, Nested Loops, Loop Examples
Total 30+30
 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai
Text Books:
1. Programming Fundamentals - A Modular Structured Approach, Kenneth Leroy Busbee and
Dave Braunschweig, 2nd Ed., (Available under Creative Commons License) (Web Book)
2. Programming in Python 3: A Complete Introduction to the Python Language, Mark
Summerfield, Addison-Wesley Professional, 2nd Ed., 2009
Reference Books:
1. Thomas H. Cormen, Charles E. Leiserson (2010), Introduction to Algorithms, Third edition,
Cengage Learning
2. Learning Python: powerful object-oriented programming, Mark Lutz, O'Reilly Media, 2013
3. Python Programming: An Introduction to Computer Science, John M. Zelle, Franklin Beedle &
Associates, 2003
4. Fundamentals of Python: First Programs, Kenneth A. Lambert, Cengage Learning 2011
Any other information:

Total Marks of Internal Continuous Assessment Practical (ICA Practical): 50 Marks

Distribution of ICA Practical Marks:

Description of ICA Marks

One test / Quiz 25 marks
One test on IDE 25 Marks

Total Marks : 50 Marks

 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai

B.Sc. Applied Statistics & Analytics

Syllabus
Semester I
 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai

Program: B. Sc. Applied Statistics & Analytics Semester : I

Course : Introduction to Probability Theory Code:

Teaching Scheme Evaluation Scheme
Lecture Practical Term End
Tutorial Internal Continuous
(Hours (Hours Examinations (TEE)
(Hours Credit Assessment (ICA)
per per (Marks- 50
per week) Marks - 50
week) week) in Question Paper)
4h 4 Marks Scaled to Marks Scaled to
- -
50 50
Pre-requisite: None
Objectives:
This paper aims at introducing fundamentals of probability theory, random variable and its
distribution. This will provide students basic grounding in probability theory, its properties,
random variable, various generating functions and its applications to real life situations.
Outcome: Students will be able to understand basic elements of probability theory and apply
them to solve real life problems.
Detailed Syllabus: ( per session plan )

Unit Description Duration

1 Concepts of Probability & Properties: 25

 Random Experiment: Sample space, event, operation of events, concepts
of independent, mutually exclusive and exhaustive events.
 Classical (Mathematical), Empirical, Axiomatic definitions of
Probability, and their properties. Theorems and properties based on
Axiomatic definition of probability
 Conditional probability, Theorems on Addition and Multiplication of
probabilities.
 Bayes’ theorem and its applications.
2 Random Variable & Distribution: 20
 Definition of discrete and continuous random variables, Probability
mass function (pmf), Probability density function (pdf), and their
properties, cumulative distribution function and its properties
 Expectation and variance of a random variable and its properties.
3 Generating Functions – 15
 Moments and Moment generating function (m.g.f.) and its properties
 Cumulant generating function (c.g.f.) and its properties
 Characteristic function and its properties
Total 60

Text Books:
1. S.C. Gupta, V.K. Kapoor (2013) - Fundamentals of Mathematical Statistics, Eighth Edition, Sultan
Chand & Sons.
2. J.N. Kapur, H.C. Saxena - Mathematical Statistics, Fifteenth Edition, Sultan Chand & Company
Ltd.
3. Welling, Khandeparkar, Pawar, Naralkar (2015) Statistical Methods Manan Publications. Third
edition.
 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai
Reference Books:
1. Spiegel M. R. (2007) - Theory and Problems of Statistics, 3rd edition,Schaum’ s Publications
series. Tata McGraw-Hill
2. Statistical methods using R software (2010): V.R. Pawagi and Saroj A. Ranade; Nirali
publications
3. S.G. Purohit, S.D. Gore and S.R. Deshmukh (2010), Statistics using R , Narosa Publishing
House
Any other information:

Numerical examples are expected to be covered in theory class.

 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai

B.Sc. Applied Statistics & Analytics

Syllabus
Semester I
 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai

Program: B. Sc. Applied Statistics & Analytics Semester : I

Course : Micro Economics Code:

Teaching Scheme Evaluation Scheme
Lecture Practical Term End
Tutorial Internal Continuous
(Hours (Hours Examinations (TEE)
(Hours Credit Assessment (ICA)
per per (Marks- 50
per week) Marks - 50
week) week) in Question Paper)
4h 4 Marks Scaled to Marks Scaled to
-
50 50
Pre-requisite:
Objectives:
The main objective of this course is to provide students with an understanding of the theories,
principles and analytical techniques in Microeconomics. To illustrate how Microeconomic
concepts can be applied to analyze real life situations
Outcome: Student should be able to describe, compare and correlate the important Economic
phenomena of production, consumption, exchange and distribution with the help of Statistics.
Detailed Syllabus: ( per session plan )

Unit Description Duration

1 Introduction to Microeconomics 4
 The scope and Method of Economics
 Scarcity , Choice and Opportunity cost – Production Possibility
Frontier
 Firms, Households and the Circular flow- Input and output markets.
2 Consumer Behaviour: 12
Demand, Determinants of demand, Elasticity of demand, Demand
forecasting, Choice under uncertainty
3 Supply: 5
Determinants of supply, Elasticity of supply
4 Production Theory & costs: Cost analysis, Cost in short run and long run, 12
Production function - short run and long run.
5 Price Determination under different market structures: Prefect Competition, 17
Monopoly, Monopolistic Competition, Oligopoly, Game theory
6 Government and its role: Market failure, Public goods, Externalities and 10
Asymmetric information
Total 60

Text Books:
1. Mankiw, Gregory N (2013), Principles of Microeconomics, Cengage Learning
2. Dominick Salvatore (2013), Micro Economics Theory and Application,5th edition, Oxford University Press
 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai
Reference Books:
1. Pindyck, Robert S. &Rubinfeld, Daniel L. (2012): Microeconomics, 8th edition, Prentice Hall
2. Lipsey and Chrystal, Principles of Economics,11th edition, Oxford University Press
 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai

B.Sc. Applied Statistics & Analytics

Syllabus
Semester II
 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai

Program: B. Sc. Applied Statistics & Analytics Semester : II

Course : Continuous Probability Distributions Code:

Teaching Scheme Evaluation Scheme

Lecture Practical Term End
Tutorial Internal Continuous
(Hours (Hours Examinations (TEE)
(Hours Credit Assessment (ICA)
per per (Marks- 50
per week) Marks - 50
week) week) in Question Paper)
4h 4 Marks Scaled to Marks Scaled to
-
50 50
Pre-requisite:
Objectives: The objective of this paper is to introduce various univariate and bivariate discrete
probability distributions, their properties and applications in real life.
Outcomes: The course will enable the students to describe the data with the help of specific
distributions and understand its behaviour.
Detailed Syllabus: ( per session plan )

Unit Description Duration

1 Standard Univariate Distributions: Rectangular, Triangular, Exponential, 40

Cauchy (with Single & Double parameters), Gamma (with Single & Double
parameters), Beta (Type I & Type II).
The following aspects of the above distributions (wherever applicable) to be
discussed: Mean, Median, Mode & Standard deviation. Moment Generating
Function, Additive property, Cumulant Generating Function. Skewness and
Kurtosis (without proof).
Fitting of Distribution. Interrelation between the distributions.
Normal Distribution: Mean, Median, Mode, Standard deviation, Moment
Generating function, Cumulant Generating function, Moments &Cumulants
(up to fourth order). Skewness& kurtosis, Mean absolute deviation.
Distribution of linear function of independent Normal variables. Fitting of
Normal Distribution, q-q plot.
Log Normal Distribution: Derivation of mean & variance.
2 Bivariate Distributions: Joint Probability density function for Continuous 20
random variables, Their properties. Marginal and conditional Distributions.
Independence of Random Variables. Conditional Expectation & Variance.
Regression Function. Coefficient of Correlation.
Transformation of Random Variables, Jacobian of transformation
(b) Bivariate Normal distribution, Marginal & Conditional distributions.
Their Means & Variances.
Total 60

Text Books:
1. S.C. Gupta, V.K. Kapoor (2013) - Fundamentals of Mathematical Statistics, Eighth Edition,
Sultan Chand & Sons.
2. J. N. Kapur, H.C. Saxena - Mathematical Statistics, Fifteenth Edition, Sultan Chand &
Company Ltd.
 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai
Reference Books:
1. Levin and Rubin (2012) – Statistics for Management, Seventh Edition, Pearson India
2. D. R. Anderson (2012) – Statistics for Business and Economics, Eleventh Edition, South
Western
3. Sanjay Arora and BansiLal (1989) - New Mathematical Statistics, Satya Prakashan
Any other information:

Numerical examples are expected to be covered in theory class.

 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai

B.Sc. Applied Statistics & Analytics

Syllabus
Semester II
 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai

Program: B. Sc. Applied Statistics & Analytics Semester : II

Course : Descriptive Statistics – II Code:

Teaching Scheme Evaluation Scheme
Lecture Practical Internal Continuous Term End
Tutorial
(Hours (Hours Assessment (ICA) Examinations (TEE)
(Hours Credit
per per (Marks - 25 (Theory) (Marks - 25 (Theory)
per week)
week) week) & 50 (Practical)) in Question Paper)
3h 4 25 (Theory) &
2h - 25 (Theory)
50 (Practical)
Pre-requisite:
Objectives:
The main objective of this paper is to introduce the concept of relationship between two
qualitative and/ or quantitative variables. The topics include association, correlation,
regression, index numbers. It also aims at introducing the vital statistics which themselves
are a critical national information resource for understanding public health and examining
key indicators such as fertility, mortality, and causes of death, and the factors associated with
them.
Outcomes: 1. Understand the concepts of Vital Statistics, Index Numbers 2. Applying them in
policy making. 3. Solving the practicals using Excel and R
Detailed Syllabus: ( per session plan )

Unit Description Duration

1 Theory of Attributes: Dichotomos classification, Association of attributes: 10+6

Yule’s coefficient of association Q. Odds Ratio, Gamma coefficient
2 Correlation & Regression: Correlation Analysis: Scatter Diagram, Product 15+12
moment correlation coefficient and its
properties. Spearman's rank correlation coefficient, Spurious correlation.
(b) Regression Analysis: Principle of least squares. Fitting a straight line by
method of least squares, Concept and use of coefficient determination (r2),
Fitting of curves reducible to linear form by transformation, Fitting a
quadratic curve by method of least squares.

3 Index Numbers: Index numbers as comparative tool. Stages in the 15+10

construction of Price Index Numbers.
Measures of Simple and Composite Index Numbers. Laspeyre’s, Paasche’s,
Marshal-Edgeworth’s, Drobisch and Bowley’s and Fisher’s Index Numbers
formulae
Quantity Index Numbers and Value Index Numbers, Time reversal test,
Factor reversal test, Circular test.
Fixed base Index Numbers, Chain base Index Numbers.
Base shifting, splicing and deflating.
Cost of Living Index Number.
Concept of Real Income based on Wholesale Price Index Number
 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai

4 Vital Statistics: 10+6

 Death Rate: Crude Death Rate, Specific Death Rate, Standardised
Death Rate
 Birth Rate: Crude Birth Rate, Age Specific Fertility Rate, General
Fertility Rate, Total Fertility Rate.
 Growth Rate: Gross Reproduction Rate and Net Reproduction Rate
Total 45+30

Text Books:
1. S.C. Gupta, V.K. Kapoor (2013) - Fundamentals of Mathematical Statistics, Eighth Edition,
Sultan Chand & Sons.
2. Alan Agresti (2012) – Categorical Data Analysis, Third Edition, Wiley Publications
Reference Books:
1. Levin and Rubin (2012) – Statistics for Management, Seventh Edition, Pearson India
2. D. R. Anderson (2012) – Statistics for Business and Economics, Eleventh Edition, South
Western
3. Kothari C. R. (2014) – Research Methodology, Third Edition, Wiley Eastern Limited
 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai

B.Sc. Applied Statistics & Analytics

Syllabus
Semester II
 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai

Program: B. Sc. Applied Statistics & Analytics Semester : II

Course : Discrete Probability Distributions Code:

Teaching Scheme Evaluation Scheme
Lecture Practical Term End
Tutorial Internal Continuous
(Hours (Hours Examinations (TEE)
(Hours Credit Assessment (ICA)
per per (Marks- 50
per week) Marks - 50
week) week) in Question Paper)
3h 3 Marks Scaled to Marks Scaled to
- -
50 50
Pre-requisite: Basic understanding of Probability and random variables.
Objectives: The objective of this paper is to introduce various univariate and bivariate discrete
probability distributions, their properties and applications in real life.
Outcomes: The course will enable the students to describe the data with the help of specific
distributions and understand its behaviour.
Detailed Syllabus: ( per session plan )

Unit Description Duration

1 Standard Univariate Distributions: Uniform, Bernoulli, Binomial, Poisson, 30

Geometric, Negative Binomial &Hypergeometric distributions.
The following aspects of the above distributions (wherever applicable) to be
discussed: Mean, Mode and Standard deviation. Moment Generating
Function, Cumulant Generating Function, Additive property, Moments,
Skewness and Kurtosis (without proof), Limiting distribution.
Fitting of Distribution.
Truncated Binomial and Truncated Poisson Distribution
2 Bivariate Distributions: Joint Probability mass function for discrete random 15
variables, their properties. Marginal and conditional Distributions.
Independence of Random Variables. Conditional Expectation & Variance.
Coefficient of Correlation.
Transformation of Random Variables.
Trinomial distribution, Marginal & Conditional distributions. Their Means &
Variances. Correlation coefficient. Extension to Multinomial distribution.
Total 45

Text Books:
1. S.C. Gupta, V.K. Kapoor (2013) - Fundamentals of Mathematical Statistics, Eighth Edition,
Sultan Chand & Sons.
2. J. N. Kapur, H.C. Saxena - Mathematical Statistics, Fifteenth Edition, Sultan Chand &
Company Ltd.
Reference Books:
1. Levin and Rubin (2012) – Statistics for Management, Seventh Edition, Pearson India
2. D. R. Anderson (2012) – Statistics for Business and Economics, Eleventh Edition, South
Western
3. Sanjay Arora and BansiLal (1989) - New Mathematical Statistics, Satya Prakashan
 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai
Any other information:

Numerical examples are expected to be covered in theory class.

 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai

B.Sc. Applied Statistics & Analytics

Syllabus
Semester II
 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai

Program: B. Sc. Applied Statistics & Analytics Semester : II

Course : Environmental Studies Code:

Teaching Scheme Evaluation Scheme

Lecture Practical Term End
Tutorial Internal Continuous
(Hours (Hours Examinations (TEE)
(Hours Credit Assessment (ICA)
per per (Marks- 50
per week) Marks - 50
week) week) in Question Paper)
3h 3.5 Marks Scaled to Marks Scaled to
- -
50 50
Pre-requisite:
Objectives: Environmental studies explore the impacts of natural, manmade and legislative
events on the natural world and its inhabitants.
Outcomes: 1. Understanding of the working of ecosystem. 2. Exploring the impacts of natural,
manmade and legislative events on the natural world and its inhabitants.
Detailed Syllabus: ( per session plan )

Unit Description Duration

1 Multidisciplinary nature of environmental studies: 2

Definition, scope and importance
Need for public awareness.

2 Natural Resources: Renewable and non-renewable resources: 8

Natural resources and associated problems.
Forest resources: Use and over-exploitation, deforestation, case studies,
Timber extraction, mining, dams and their effects on forest and tribal people.
Water resources: Use and over-utilization of surface and ground water,
floods, drought, conflicts over water, dams-benefits and problems.
Mineral resources: Use and exploitation, environmental effects of extracting
and using mineral resources, case studies.
Food resources: World food problems, changes caused by agriculture and
overgrazing, effects of modern agriculture, fertilizer-pesticide problems,
water logging, salinity, case studies.
Energy resources: Growing energy needs, renewable and non-renewable
energy sources, use of alternate energy sources. Case studies.
Land resources: Land as a resource, land degradation, man induced
landslides, soil erosion and desertification.
Role of an individual in conservation of natural resources.
Equitable use of resources for sustainable lifestyles.
3 Ecosystems: Concept of an ecosystem, Structure and function of an ecosystem. Producers, 6
consumers and decomposers. Energy flow in the ecosystem. Ecological succession.
Food chains, food webs and ecological pyramids.
Introduction, types, characteristic features, structure and function of the following
ecosystem :-Forest ecosystem, Grassland ecosystem, Desert ecosystem
Aquatic ecosystems (ponds, streams, lakes, rivers, oceans, estuaries)
 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai

4 Biodiversity and its conservation: Introduction – Definition: genetic, species and ecosystem 8
diversity.
Biogeographical classification of India
Value of biodiversity: consumptive use, productive use, social, ethical, aesthetic and option
values
Biodiversity at global, National and local levels.
India as a mega-diversity nation. Hot-sports of biodiversity. Threats to biodiversity: habitat
loss, poaching of wildlife, man-wildlife conflicts. Endangered and endemic species of India
Conservation of biodiversity: In-situ and Ex-situ conservation of biodiversity.

5 Environmental Pollution: 8
Cause, effects and control measures of :
Air pollution, Water pollution, Soil pollution, Marine pollution, Noise pollution, Thermal
pollution, Nuclear hazards
Solid waste Management: Causes, effects and control measures of urban and industrial
wastes. Role of an individual in prevention of pollution.
Pollution case studies.
Disaster management: floods, earthquake, cyclone and landslides.
6 Social Issues and the Environment: 7
From Unsustainable to Sustainable development
Urban problems related to energy
Water conservation, rain water harvesting, watershed management
Resettlement and rehabilitation of people; its problems and concerns, case studies
Environmental ethics: Issues and possible solutions.
Climate change, global warming, acid rain, ozone layer depletion, nuclear accidents and
holocaust.
Wasteland reclamation.
Consumerism and waste products.
Environment Protection Act.
Air (Prevention and Control of Pollution) Act.
Water (Prevention and control of Pollution) Act
Wildlife Protection Act
Forest Conservation Act
Issues involved in enforcement of environmental legislation.
Public awareness
7 Human Population and the Environment: 6
Population growth, variation among nations.
Population explosion – Family Welfare Programme.

Environment and human health.

Human Rights.
Value Education.
HIV/AIDS.
Women and Child Welfare.
Role of Information Technology in Environment and human health.
Case Studies.
8 Field work 5
Visit to a local area to document environmental assets - river/
forest/grassland/hill/mountain
Visit to a local polluted site-Urban/Rural/Industrial/Agricultural
Study of common plants, insects, birds.
Study of simple ecosystems-pond, river, hill slopes, etc.
Total 50
 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai
Text Books:
1. Agarwal, K.C. 2001 Environmental Biology, Nidi Publ. Ltd. Bikaner.
2. Brunner R.C., 1989, Hazardous Waste Incineration, McGraw Hill Inc. 480p
Reference Books:
1. Clark R.S., Marine Pollution, Clanderson Press Oxford (TB)
2. Cunningham, W.P. Cooper, T.H. Gorhani, E & Hepworth, M.T. 2001,Environmental Encyclopedia, Jaico
Publ. House, Mumbai, 1196p
3. De A.K., Environmental Chemistry, Wiley Eastern Ltd.
4. Down to Earth, Centre for Science and Environment (R)
5. Gleick, H.P. 1993. Water in crisis, Pacific Institute for Studies in Dev., Environment & Security. Stockholm
Env. Institute Oxford Univ. Press. 473p
6. Hawkins R.E., Encyclopedia of Indian Natural History, Bombay Natural History Society, Bombay (R)
7. Heywood, V.H & Waston, R.T. 1995. Global Biodiversity Assessment, Cambridge Univ. Press 1140p.
8. Jadhav, H & Bhosale, V.M. 1995. Environmental Protection and Laws, Himalaya Pub. House, Delhi 284 p.
9. Mckinney, M.L. & School, R.M. 1996. Environmental Science systems &Solutions, Web enhanced edition.
639p.
10. Mhaskar A.K., Matter Hazardous, Techno-Science Publication (TB)
11. Miller T.G. Jr. Environmental Science, Wadsworth Publishing Co. (TB)
12. Odum, E.P. 1971. Fundamentals of Ecology. W.B. Saunders Co. USA, 574p
13. Rao M N. & Datta, A.K. 1987. Waste Water treatment. Oxford & IBH Publ. Co. Pvt. Ltd. 345p.
14. Sharma B.K., 2001. Environmental Chemistry. Geol Publ. House, Meerut
15. Survey of the Environment, The Hindu (M)
16. Townsend C., Harper J, and Michael Begon, Essentials of Ecology, Blackwell Science (TB)
17. Trivedi R.K., Handbook of Environmental Laws, Rules Guidelines, Compliances and Stadards, Vol I and II,
Enviro Media (R)
18. Trivedi R. K. and P.K. Goel, Introduction to air pollution, Techno-Science Publication (TB)
19. Wanger K.D., 1998 Environmental Management. W.B. Saunders Co. Philadelphia, USA 499p
Any other information : 0.5 credit is for EVS field trip.
 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai

B.Sc. Applied Statistics & Analytics

Syllabus
Semester II
 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai

Program: B. Sc. Applied Statistics & Analytics Semester : II

Course : Linear Algebra Code:

Teaching Scheme Evaluation Scheme

Lecture Practical Term End
Tutorial Internal Continuous
(Hours (Hours Examinations (TEE)
(Hours Credit Assessment (ICA)
per per (Marks- 50
per week) Marks - 50
week) week) in Question Paper)
4 4 Marks Scaled to Marks Scaled to
- -
50 50
Pre-requisite:

Objectives: The main objective of this course is to acquaint students with basic concepts and
applications of Linear Algebra, such as vector spaces, basis, linear transformations, projections,
least squares method, eigen values, and eigen vectors. This subject is crucial for many high-
demand lucrative career fields such as Computer Science, Actuarial Science, Financial
Mathematics, Economics etc. and will enable students to grasp the basic computations
associated with linear operations on finite dimensional vector spaces and be able to solve
simple problems using linear algebra.
Outcomes:
Understanding of the various fundamental concepts of Linear algebra.
Understanding its wide applications in Statistics and Analytics.
Solving theoretical and application based problems
Detailed Syllabus: ( per session plan )

Unit Description Duration

1 A) System of Linear Equations and Matrices: 20

 Introduction to system of linear equations and their solutions,
 Relationship between solutions of non-homogeneous and
homogenous linear systems.
 Elementary row operations on matrices, Row echelon form
 Applications of System of Linear Equations
i. Hyper matrix associated to an internet network
ii. Stochastic matrices
iii. Balancing chemical equations
iv. Economics Input-Output models
v. Electric circuits
B) Vectors in Euclidean Spaces:
 Vectors in 2d and 3d planes, vectors in Rn.
 Vector addition, scalar multiplication and their properties
 Dot product, cross product and their applications
 Orthogonality
 Applications to area, volume and some standard results in
geometry.
 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai

2 A) Vector Space: 20
 Definition of vectors spaces over real numbers and some examples
 Subspaces of a vector space
 Linear span of vectors, linear dependence and linear independence
 Basis and dimension of vector spaces
 Applications to differential Equations
B) Linear Transformations:
 Definition and example of linear transformations
 Null space and range space
 Matrix representations of a linear transformation
 Row space and column spaces
 Rank-nullity theorem
 Applications to computer graphics such as translation, scaling,
shearing, rotation etc10
3 A) Eigen values and Eigenvectors: 20

Definitions of eigen values, eigen vectors

Eigen values and eigenvectors of linear operators

Cayley-Hamilton theorem and its application to find inverse and
higher power of matrices
 Diagonalization
 Application: Solving system of linear differential equations,
Markov chains, predator-prey models etc.
B) Inner Product Spaces:
 Definition and examples of inner product spaces over real numbers
 Norm of vectors, distance between two vectors and their
properties
 Cauchy-Schwarz inequality and its applications
 Orthogonality
 Applications: Linear least square problems, QR-decomposition and
Singular Value Decomposition and their applications
Total 60

Text Books:
1. S. Kumaresan – Linear Algebra : A Geometric Approach, PHI
2. David C. Lay, Steven R. Lay, Judi J. McDonald – Linear Algebra and Its Applications,
Pearson Education, 5th Ed.
Reference Books:
1. Howard Anton, Chris Rorres – Elementary Linear Algebra with Applications, 10th Ed.,
Wiley
2. James DeFranza, Daniel Gagliardi – Introduction to Linear Algebra, McGraw-Hill
3. Carl D. Meyer – Matrix Analysis and Applied Linear Algebra, SIAM
4. James E. Gentle – Matrix Algebra: Theory, Computations, and Applications in Statistics,
Springer
Any other information:
Numerical examples are expected to be covered in theory class.
 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai

B.Sc. Applied Statistics & Analytics

Syllabus
Semester II
 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai

Program: B. Sc. Applied Statistics & Analytics Semester : II

Course : Macro Economics Code:

Teaching Scheme Evaluation Scheme

Lecture Practical Term End
Tutorial Internal Continuous
(Hours (Hours Examinations (TEE)
(Hours Credit Assessment (ICA)
per per (Marks- 50
per week) Marks - 50
week) week) in Question Paper)
4h 4 Marks Scaled to Marks Scaled to
- -
50 50
Pre-requisite:
Objectives: This course aims to introduce the students to the working of the economy with
reference to the domestic economy. To provide the students with analytical skills which will assist
them in calculating, analyzing and interpreting different types of macroeconomic data to extract
useful information for optimal decision-making.
Outcomes:
Detailed Syllabus: ( per session plan )

Unit Description Duration

1 Introduction to Macroeconomics: 4
Background, Macroeconomic Policies – objectives, functions and tools
2 GDP, General Price and related concepts: 20
Concepts and measurement- Analysis of Indian National Income Statistics
Money- Money supply and banking- Money supply measures in India
Interest rates- Nominal and Real interest rates, Key interest rates in India
General Price levels-Measurement of CPI, WPI & GDP deflator ,Types of
inflation
Exchange rate -The basics: Supply and demand for foreign exchange, Nominal
and real exchange rate, Real effective exchange rate as a measure of
international competitiveness , Fixed, Flexible exchange rates & Managed Float
system
3 Income determination model : 20
Simple Classical – Say’s Law and full employment model
Simple Keynesian model
Consumption, saving & investment
Multiplier
3 sector & 4 sector model
Unemployment, full employment & wage PP flexibility
Goods market and money market equilibrium in closed and open market
4 Fiscal Policy 8

5 Monetary Policy 8

Total 60
 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai
Text Books:
1. Mankiw, G : Macroeconomics, 6th Edition, Worth Publishers

Reference Books:
1. Dornbusch, Fischer Dornbusch, R, G. Fischer and R. Statrz (2013), Macroeconomics, 11th edition, Tata
McGraw Hill Education Private Limited
2. Roy, Shyamal (2013): Macroeconomic Policy Environment 2nd edition, Tata McGraw Hill Education Private
Limited
 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai

B.Sc. Applied Statistics & Analytics

Syllabus
Semester II
 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai

Program: B. Sc. Applied Statistics & Analytics Semester : II

Course : Numerical Methods Code:

Teaching Scheme Evaluation Scheme
Lecture Practical Internal Continuous Term End
Tutorial
(Hours (Hours Assessment (ICA) Examinations (TEE)
(Hours Credit
per per (Marks - 25 (Theory) (Marks- 25 (Theory)
per week)
week) week) & 50 (Practical)) in Question Paper)
Marks Scaled to
Marks Scaled to
2h 2h - 3 25 (Theory) &
25 (Theory)
50 (Practical)
Pre-requisite: Basic understanding of mathematics.
Objectives: Numerical methods course will demonstrates different techniques to solve
transcendental Equations, Interpolation methods for polynomial approximation and solving
techniques of integration.
Outcomes: To solve transcendental equations, polynomial approximations and integrations by
different techniques.
Solving the problems by writing the programs on the relevant software.
Detailed Syllabus: ( per session plan )

Unit Description Duration

1 Measures of Error and Solution of Transcendental Equations: Errors, Types 10+10

of errors- Round off and Inherent error, Measures of errors- absolute and
relative error, Relative error test.
Iterative methods for simple roots: (i) Bisection method, (ii) Secant method, (iii)
Regula-Falsi method, (iv) Newton -Raphson method, (v) Simple iteration
method.
Condition of convergence and rate of convergence of (i) Bisection method, (ii)
Secant method, (iii) Regula-Falsi method, (iv) Newton Raphson method, (v)
Simple iteration method.

2 Interpolation by polynomial approximations: Taylor’s series 10+10

Lagrange’s Linear, Quadratic and higher order Interpolation. Iterated
Interpolation.
Interpolation error for Lagrange’s Interpolation formula. Spline Interpolation
Finite Differences and Difference operators: Forward and backward difference
operator, Shift, Central and Average operators, Divided differences.
Newton’s divided difference Interpolation.
3 Solving system of linear equations and Numerical Integration: Solving 10+10
system of linear equations: Gauss-Jacobi, Gauss Seidel methods, LU
Decomposition, SOR. System of non-linear equations.
Numerical Integration: Method based on interpolation- Trapezoidal rule,
Simpson’s rule, Errors associated with these rules. Method based on
 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai

undetermined coefficients – Gauss Legendre integration method (one point

formula and two point formula)

Total 30+30

Text Books:
1. M.K. Jain, S.R.K. Iyengar and R.K. Jain (2010), Numerical methods for Scientific and
Engineering Computation, 6th Edition, New Age International Publishers

Reference Books:
1. B.S. Grewal (2010), Numerical methods in Engineering and Science, Khanna publishers

Any other information:

Total Marks of Internal Continuous Assessment Practical (ICA Practical): 50 Marks

Distribution of ICA Practical Marks:

Description of ICA Marks
First test 25 marks
Second test 25 Marks

Total Marks : 50 Marks

 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai

B.Sc. Applied Statistics & Analytics

Syllabus
Semester II
 SVKM’s Narsee Monjee Institute of Management Studies
Sunandan Divatia School of Science, Mumbai

Program: B.Sc. (Applied Statistics & Analytics) Semester : II

Course: Python Programming Course Code:

Teaching Scheme Evaluation Scheme

Term End
Lecture Practical Tutorial Internal Continuous
Examinations (TEE)
(Hours (Hours (Hours Credit Assessment (ICA)
(Marks- NA
per week) per week) per week) (Marks - 50)
in Question Paper)
- 1 Marks Scaled to Marks Scaled to
2h -
50 NA
Pre-requisite: Datatypes, Conditions, Loops, Strings

Objectives:
The objective of this paper is to use python to read and write files, work with the python standard
libraries and explore python's object-oriented features.

Outcomes:
After completion of the course, students would be able to process the data and plot different charts.

Detailed Syllabus: ( per session plan )

Unit Description Duration
1 Data structures: lists, tuples, dictionaries, sets 15
Arrays (using Numpy): Arrays and Lists, Index Notation, Displaying Array
Members, Arrays and Functions, Math Statistics with Arrays (implementing
statistical measures like sum, mean), Searching Arrays, Sorting Arrays, Parallel
Arrays, Multidimensional Arrays, Dynamic Arrays

2 Files: File Input and Output, Error Handling, loading an Array from a Text File, 15
Pandas dataframe, reading files using dataframe.
Visualization (using Matplotlib): 2D Plots, 3D Surface Plots
Object-Oriented Programming: Objects and Classes, Encapsulation, Inheritance
and Polymorphism
Total 30

Text Books:
1. Programming Fundamentals - A Modular Structured Approach, Kenneth Leroy Busbee and
Dave Braunschweig, 2nd Ed., (Available under Creative Commons License) (Web Book)
2. A Python Book: Beginning Python, Advanced Python, and Python Exercises, Dave Kuhlman,
Open Source MIT License, Rev 1.3a, 2013
Reference Books:
1. Beginning Python: From Novice to Professional, Magnus Lie Hetland, Apress publishing 2017
2. Computational Physics - Problem Solving with Python, Rubin H. Landau, Cristian C.
Bordeianu, Manuel J Páez, wiley-VCH, 2015
3. Fluent Python: Clear, Concise, and Effective Programming, Luciano Ramalho, O'Reilly Media,
2015
Any other information: At least one ICA test must be conducted on IDE.