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Definition of quantitative Techniques and Name two major divisions in which you con divide these techniques?
Quantitative Techniques are those statistical and operation research techniques which help in the decision making process especially concerning business and industry. These techniques involve the introduction of the elements of quantities i.e. they involve the use of numbers, symbols and other mathematical expressions. two major divisions in which we can divide these techniques are- 1) Statistical Techniques (or Statistical methods and measures) 2) Programming Techniques (or Operations Research)
Use of statistical techniques in capital market?
Use of statistical techniques in capital market?"
Importance of quantitative techniques?
Quantitative techniques provide managers with concrete evidence and information, which allows them to make better decisions. Without quantitative techniques, managers would guess and risk assets of the business.
What are the quantitative techniques?
The quantitative techniques are basic computations that are used in science. The two main categories are hypothesis tests and interval estimations.
What techniques plus tools are used in inferential statistics?
There are many techniques. The main tools are human ingenuity, the human brain and calculators.
