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Use of statistical techniques in capital market?"
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)
There is none. If an accurate measure was possible then statistical techniques would not be required. A maximum likelihood estimate is probably better than other statistical estimates.
Statistics is a study in uncertainty. Statistical techniques are used to assign probabilities to events and, since these are probabilities, certainty is rare. As a consequence, the methods yield answers with a degree of variability.
There are very many ways of analysing data and it is not possible to list them all. Furthermore, most techniques are appropriate only in certain circumstances and so the question needs to be more specific before it can be answered.