Can someone please provide me some assistance with this question. Its for an MBA course and needs to be between 400 and 500 words. What are the attributes of a good quantitative analysis model? C.W. Churchman once said that "mathematics tends to lull the unsuspecting into believing that he who thinks elaborately thinks well." Do you think that the best QA models are the ones that are most elaborate and complex mathematically? Why or why not? Please see the attached for additional information to help better assist me. Thank You in advance for all your help.© BrainMass Inc. brainmass.com October 10, 2019, 8:03 am ad1c9bdddf
It was hard to find research specific to the question. I searched several different sources and this was what I came up with. You might go back and look closer at the references I cited. You might understand it better than me.
The definition of quantitative analysis is "business or financial analysis technique that seeks to understand behavior by using complex mathematical and statistical modeling, measurement and research by assigning numerical value to variables." Businesspeople use QA for measurement, performance evaluation and valuation of a financial instrument. QA can be used to predict real-world events like changes in a share price. (www.investopedia.com/terms/q/quantitativeanalysis.asp)
The best QA model depends on the field in which you are working and which questions you want to ask and have answered. For example, ...
This solution of 418 words defines Quantitative Analysis (QA) models and gives examples of them. It also discusses the characteristics and applicability of the QA models.