# Quantitative methods - Essay Example

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Quantitative methods Name: Unit instructor Quantitative methods 1. Research experts argue that quantitative research methodology, if used properly can produce valuable scientific research. Before making any arguments and conclusions, I will first define quantitative research methodology…

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### Quantitative Methods and Analysis

...of desired precision. If we increase the distance from the mean that is permissible for the mean dollars spent by each card holder to \$70 at the same confidence level, the sample size becomes: We can see that a slight increase (from 55 to 70) in the marginal error that is acceptable to the researchers lead to a decrease in the required size drastically (from 623 to 385). References Cohen, L., Manion, L., & Morrison, K. (2007). Research Methods in Education, 6th ill. ed. NY: Routledge. Levin, R.I., & Rubin, D.S. (2007). Statistics for Management, 7th ed. New Delhi: Dorling Kinderseley (India) Pvt. Ltd. Stattrek. (2011). Confidence Level. [Online]. Available at:...
3 Pages(750 words)Essay

...?Running Head: QUANTITATIVE METHOD Quantitative Methods for Business of the of the Quantitative Methods for BusinessIntroduction The whole idea of a Quantitative Method in business is basically the fact that it is a vast study of the commercial processes that are prevalent in the business which entails many different divisions of operations. Businesses have many divisions such as Manufacturing, Management in Engineering, Construction, Planning processes and Architectural Design. These are but some of the instances in which a quantitative method needs to be implemented in...
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### Quantitative Methods Portfolio

...? Quantitative Methods Portfolio Introduction A research refers to the systematic process of investigatinga given concept or problem with an aim of identifying effective and efficient recommendations. In most cases, such recommendations are based on facts (Creswell, 2013). This study aims investigating the perceptions of tourists on the industry and their destinations. There are two main approaches to research; qualitative and quantitative. This research uses a quantitative research. A quantitative research refers to investigation on the basis of numerical data through mathematical, statistical, and computational methods (Miller & Acton, 2009). Quantitative research studies involve collection of data from a given sample. The data... is...
10 Pages(2500 words)Assignment

### Quantitative Methods

...Quantitative Methods Introduction Econometrics means measure of economy. Though measurement is involved in econometrics, only that one is not ultimate. The numerical and empirical results obtained from the statistical and mathematical methods are used to analyse the economic condition. So according to Damodar. N .Gujarati, econometrics can be defined as social science that uses theory in economics and formulae in statistics and mathematics to analyse the economical phenomenon. 1 Here the integration of logarithm of national 100 index value and the logarithm need to be estimated. The importance of the co integration concept in the economic literature is due to the possibility of linking....
10 Pages(2500 words)Research Paper

### Quantitative Methods

...QUANTATIVE METHODS Table of Contents Difference between Quantitative and Qualitative Analysis 3 Why Organizations Use Scientific Approach 5 Quantitative Analysis Process 6 What is the Break Even Point (BEP) 7 Describe briefly Steps Used to Develop a Forecasting System 8 Time Series Model 8 Difference between Casual Model and Time Series Model 9 What is a Qualitative Forecasting Model, and when it is Appropriate 9 Delphi Technique 10 Bibliography 12 Difference between Quantitative and Qualitative Analysis Qualitative analysis explores the behavioral experiences and attitudes through the mediums like interviews or that of the focus group. It aims to get into depth of...
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### Quantitative Methods and Analysis

...1. Problem A faster loan processing time increases the productivity of a bank and also leads to greater satisfaction. Let us take the example of a bank in which the bank manager wants to calculate the average loan processing time and establish a baseline for the same. Also his main purpose is to compare this average processing time with that of a competitor famous for quick loan processing. According to market information collected by his staff, the competitor claims its average processing time to be 6 hours (One-sample T-test, 2007). 2. Methodology for testing The financial analyst in the bank makes note of the processing times for 16 applications in the past month on a random basis. The mean and standard deviation... Problem A faster loan...
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### Quantitative Methods and Analysis

.... The variables in a correlation study are usually selected through a given rationale (Cohen, 2002). For instance one can seek to examine the attitude of students towards math and their mathematical modeling ability in the workplace. In that case one will seek to find out whether the two variables are correlated in any way. A correlation coefficient is then computed which is a quantitative value and will indicate the direction and the size of the relationship between the two variables. The two variables are chosen because in one way or another there may seem to be a relationship between them. The results obtained from a correlation survey are very relevant and practical in the workplace. For investment purposes, the...
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### Quantitative Methods

...Quantitative Methods in Sports Psychology of the of the Quantitative Methods in Sports Psychology Summary This article tests the predictability of Attention Control Theory (ACT) by examining the effect of anxiety on attention control and how this subsequently reacts on performance effectiveness and performance efficiency of a group of elite shotgun shooters. Type of Quantitative Research Conducted A sample of 16 shotgun shooters was tested under both low anxiety (normal practice) and high anxiety (competitive) conditions. Point of gaze was calculated by a head mounted corneal reflection system, while motion of the gun was captured by using markers placed...
2 Pages(500 words)Research Paper

### Quantitative Methods

...QUANTITATIVE METHODS By I. Problems Part Problem What influences the price of a second hand car? In statistics, a confounding variable is an unrelated variable in a statistical structure that correlates, inversely or directly, with both the dependent and independent variables. A confounding variable, sometimes known as a mediator variable or a third variable, can adversely influence the correlation between the dependent variable and independent variable (Gravetter and Forzano 2012). This may make the researcher to scrutinize the results wrongly. The results may demonstrate a false correlation between the independent and dependent variables, resulting to an erroneous rejection of the null hypothesis. In...
5 Pages(1250 words)Assignment