The Difference between Quantitative Research Methodology & Qualitative Research Methodology By Arash Farzaneh‚ eHow Contributor Researchers are often faced with the decision of choosing the methodology that best suits their study and objectives. There are both advantages and disadvantages and strengths and weaknesses to quantitative and qualitative research methodologies. In the end‚ the researcher needs to make a choice of which option works best for the particular study at hand. Statistical
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Finance and Management QUANTITATIVE METHODS FOR FINANCE AND INVESTMENT (EFIMM005) Review Questions Question 1: Concepts a. Define a stochastic process. Give an example in Finance of a quantity that can be modelled as a stochastic process. b. Define a stationary stochastic process. c. Consider a stochastic process {Yt ‚ t = 1‚ ..‚ T }. Define the partial autocorrelation function (pacf) associated to this process. d. Explain the difference between estimator and estimate. e. Let {Ut ‚ t = 1‚ ..‚ T } be a mean
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Steeley Associates Monica Beamish Quantitative Methods – MAT 540 Dr. Hesh Ansari May 3‚ 2013 Steeley Associates Inc.‚ is a property development company. Steeley had purchased a house build in the mid-1800‚ and had been leasing it to the State University for academic office space. In 2008‚ the lease on the property expired and Steeley Associates‚ after consideration‚ decided to build high-density student apartments. This decision would optimize the full space site
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Chapter 25 Discriminant Analysis Content list Purposes of discriminant analysis Discriminant analysis linear equation Assumptions of discriminant analysis SPSS activity – discriminant analysis Stepwise discriminant analysis 589 590 590 593 604 When you have read this chapter you will understand: 1 The purposes of discriminant analysis. 2 How to use SPSS to perform discriminant analysis. 3 How to interpret the SPSS print out of discriminant analysis. Introduction This chapter
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QUALITATIVE AND QUANTITATIVE RESEARCH METHODS There are generally two kinds of research: qualitative and quantitative. For any research project the researcher needs to be clear about which type of research will provide the information required. The role of qualitative research is to tell you why; quantitative research tells you how many. The methods are quite different. Definition of Quantitative research? "There ’s no such thing as qualitative data. Everything is either 1 or 0"- Fred Kerlinger
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Final Assignment Take-Home Exam – Example Solutions QUANTITATIVE ANALYSIS AND BUSINESS DECISION MAKING Question 1 – 5 Points Leila took a standardized test and was told that her score was in the 89th percentile. Explain clearly and in only one sentence what this means. Notes: Percentiles are a way of describing the position of a particular score within a set of scores As per the question‚ I was looking for one simple sentence to explain the meaning of the statement Ideal Answer: If Leila’s
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steel) Functional Constraints - ≤ ≥ or = --Restrictions that involve expressions with 1 or more variables EXAMPLE: 7d+3c+1.5M <= 2000 (constraint on raw steel) Variable Constraints – Involve only 1 variable – Nonnegativity Constraint - X≥0 Lower Bound Constraint - X≥L(a number other than 0) Upper Bound Constraint - X≤U Interger Constraint - X=integer Binary Constraint - X=0 or 1 EXAMPLE FROM HOMEWORK 1 of Constraints CONSTRAINTS FORMULA WOOD 9X1 + 3x2 ≤ 2250 CUSHIONS X2 ≤ 500 CHAIRS TO TABLE
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ASSIGNMENT QUESTION: ‘‘A Trend in Contemporary Time is the Increasing Need to Comprehend Basic Quantitative Methodology and its Language as a Tool for Decision Analysis’’ Prof J.A. Fabayo. Do You Agree? ANSWER: Background A person managing a production unit for instance‚ a factory‚ a farm or even a kitchen has to coordinate men‚ machines and money against several constraints like time‚ cost and space in order to achieve the organization’s objectives in an efficient and effective manner
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QUALITATIVE‚ QUANTITATIVE & MIXED METHODS RESEARCH WEEK 6 Competitive Intelligence BPP BUSINESS SCHOOL BPP BPP BUSINESS SCHOOL SCHOOL OF BUSINESS Week 1 - The Role of Research in the Organisation Week 2 - Conducting Literature Reviews and Referencing Week 3 - An Introduction to Inductive and Deductive Research Week 4 - Research Design Week 5 - Research Questions and Hypotheses Week 6 - Qualitative‚ Quantitative and Mixed Methods Research Week 7 - Individual and Group Interviewing
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Exercise 1: In a management trainee program‚ 80% of the trainees are female‚ 10% male. A total of 70% of the females attended college‚ while 60% of the males attended college. A management trainee is selected at random. 1. What is the probability that the person selected is a female who did NOT attend college? = 0.80 * 0.30 = 0.24 (24%) 2. What is the probability that the person selected is a female who did attend college? = 0.80 * 0.70 = 0.56 (56%) 3. What is the probability that the person
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