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Q: What are statistical techniques?
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Use of statistical techniques in capital market?

Use of statistical techniques in capital market?"


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)


What is the statistical function that accurately measures what it is intended to measure?

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.


Describe how a statistical question yields an answer with variability?

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.


List of statistical techniques to analyze cost data?

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.