Purchase Solution

Quantitative Problem

Not what you're looking for?

Ask Custom Question

Questions

(1) explain in detail what each of them do.
? Descriptive Measures
? Probability
? Sampling Distributions
? Linear Regression
? Time Series Forecasting
? Index Numbers
? Decision Making

(2) explain the advantages and disadvantages each of them have if they are attempted to be used by a finance department to forecast the sales budget for the coming year.
(3) identify (with reasons) which technique is most appropriate to undertake the task proposed above by the finance department.

Note: The reference should be given for the questions asked so that verification of the correctness can be made.

Purchase this Solution
Solution provided by:
Umut Oltulu, MBA
Education
  • BSc, Dokuz Eylul University
  • MBA, Texas A&M University-Kingsville
Recent Feedback
  • "Thanks"
  • "Thanks"
  • "This is a great help...Thank you"
  • "Thanks for the advice!"
  • "Oh my gosh u are awesome... A++"
Purchase this Solution
Free BrainMass Quizzes
Measures of Central Tendency

This quiz evaluates the students understanding of the measures of central tendency seen in statistics. This quiz is specifically designed to incorporate the measures of central tendency as they relate to psychological research.

Measures of Central Tendency

Tests knowledge of the three main measures of central tendency, including some simple calculation questions.

Terms and Definitions for Statistics

This quiz covers basic terms and definitions of statistics.

Know Your Statistical Concepts

Each question is a choice-summary multiple choice question that presents you with a statistical concept and then 4 numbered statements. You must decide which (if any) of the numbered statements is/are true as they relate to the statistical concept.

View More Free Quizzes
Related BrainMass Solutions

  • Quantitave Analysis Approach

    372408 Quantitave Analysis Approach Identify some possible problems in the quantitative analysis approach. Discuss some possible solutions for one such problem. Following are some of the problems in quantitative analysis approach: 1.

  • Determining Qualitative and Quantitative Research Questions

    Qualitative and quantitative ways to research a question entail using the tools such as the scientific method associated with quantitative research to develop a hypothesis on a problem, conduct experiments to either fail to disprove the hypothesis or

  • action research project

    Provide solutions to the problem. The expert examines action research projects being qualitative or quantitative.

  • Quantitative and Qualitative Project Analysis

    553517 Quantitative and Qualitative Project Analysis What quantitative and qualitative approaches might be used to analyze the problem in your project? In your opinion, what is the best quantitative and qualitative approach?

  • Qualitative and Quantitative Methodology

    Be specific in answers. 3.Discuss and compare these differences- Be specific in answers Quantitative research fundamentally states a given research problem in specific terms, which means that the terminology that is used to describe a research problem

  • Using Both Qualitative And Quantitative Research Methods

    Qualitative research is a vastly different approach to problem solving than is quantitative research. The primary difference is in how a problem is approached. In the qualitative realm the method is primarily exploratory in nature.

  • Statistics: Quantitative or Qualitative Research Method

    Quantitative research has the characteristics of describing a research problem through the relationship of variables or trends; involves specific, measurable, observable research questions and hypotheses; uses statistical analysis.

  • Stats, behavioral research: Research problem Statement

    Describe briefly a research problem that you would like to pursue. Include the research question, and rationale for using qualitative, quantitative, or mixed approach to research. If quantitative or mixed, state the hypothesis.

  • Quantitative approach to problem solving

    The solution explains why a quantitative approach to problem solving be adopted

  • Key Strategies and Approahces in Qualitative & Quantitative Research Methodologies

    At the same time, survey and graphical analysis strategy would be used by the researcher to solve the research problem under the quantitative research method.

View More Related Solutions