PRC-02 Quantitative Analysis for Business by Sir Naeem Ullah
This course is part of the PRC Module
Students already enrolled: 10,000+

Naeem Ullah
Instructor
Fee: Rs 14,999
What you will Learn
The Quantitative Methods course is designed to provide students with a strong foundation in quantitative techniques and tools that are essential for financial and business analysis.
Course Content
A- Basic Mathematics
1-Solve simultaneous linear and quadratic equations.
2-Interpret graphs of linear equations.
3-Break-even analysis
4-Concept of fixed cost, variable cost, CM, sales revenue.
5-Concept of Marginal cost, revenue and profit.
6-Arithmetic and geometric progression.
7-Formulate a system of linear programming.
8-Identify constraints, feasible region, cost minimization or profit maximization functions.
9-Graphical solution of linear programming problem.
B- Financial Mathematics
1-Apply simple and compound interest rates.
2-Apply discount rates.
3-Understanding of how financial mathematics is used for investment appraisal.
4-Calculate payback period and interpret the results obtained.
5-Calculate the Net present value (NPV) of future cash flows.
6-Calculate Internal rate of return on a project.
C- Application of statistics in Business
1-Concepts of population, sample, sample selection, data collection methods, data and it's types.
2-Summarize and present data by using different arrays, charts, graph and frequency distributions.
3-Calculate various measures of Central tendency and interpret the results.
4-Identify the characteristics and measures of dispersion.
5-Discuss index numbers, it's types and practical application.
6-Explain scatter diagram, their construction, uses and limitations.
7-Explain the concept of regression lines and their uses and limitations.
8-Calculate a linear regression line.
9-Calculate and discuss correlation coefficients, rank correlation coefficients and coefficient of determination.
D- Probability and Expected values
1-Calculate total number of possible outcomes and selections from a set of data.
2-Discuss and compute profitability using different techniques.
3-Understanding and business application of binomial, hyper geometric and Poisson distribution.
4-Understanding and business application of normal distribution.
5-Calculate and interpret expected values and it's use in business problems.
Additional Content
1-Marginal revenue and cost, and profit maximization output.
2-Cost minimization and profit maximization.
3-Arithmetic and geometric sequence.
4-Simple and compound interest, Annuity and perpetuity.
5-Payback period, NPV & IRR.
6-Array, frequency distribution, Tally, Class boundaries.
7-Bar and pie chart.
8-Histograms, frequency polygons, Ogives, graphs, stem and leaf displays, Box and whisker plots.
9-Mode, median, arithmetic, geometric an harmonic means.
10-Standard deviation and variance, Measures of skewness.
11-Real and nominal wages.
12-Laspeyre, Paasche and Fischer index.
13-Scatter diagrams.
14-mn counting rule and factorials.
15-Permutations and combinations.
16-Addition and multiplication law for probability.
17-Conditional and complementary probabilities.
18-Binomial, Hyper-geometric, Poisson, Normal distribution.

Naeem Ullah
Instructor
A dedicated educator with a knowledge and experience spanning 15 years in the field of mathematics and statistics.