Describe two useful methods to “perform quantitative analysis

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Expert Solution

Quantitative analysis is of figures and statistics of a company and it is an analysis of data which is required to find out the performance of the company. It can use figures like sales or for profits for the company.

Two type of quantitative analysis -

A. Regression analysis-this is a type of quantitative analysis in which there is a prediction of the estimate of performance of one variable by being affected by another, so it will be helping the company in order to find out the performance when it is affected by external factors.

example when the interest rate is changed how it is affecting the pattern of the demand of a customer.

2. Data mining- it is another form of quantitative analysis in which statistical figure is used with computer programs in order to find out correlations between them while using a large database so data mining is important in order to find out the performance of the company by finding out the nature of the core relations.

jeff jeffy answered 1 year ago

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