Quantitative analysis can also be used for evaluation of a financial instrument, assess the performance, predicts the changes. The quantitative techniques require more time to learn and students need proper academic writing guidance. Our team at BookMyEssay provides qualified academic writers who offer Quantitative Analysis assignment help and they can assist you attain good scores.
Different Quantitative Analysis Techniques
The main task of the quantitative analyst is to present a hypothetical situation in terms of numerical terms. To measure data in quantitative analysis, there are mainly three techniques:
Linear Programming: The management team of companies occasionally face a scenario where there is a shortage in resources like labour, space or production unit. The quantitative method of linear programming helps a company to determine how to achieve such an optimal solution. Linear programming is also used to determine how a company can make optimal profits with a given set of constraints.
Regression Analysis: In this method, statistical equations are used to predict or estimate the impact of one variable on another. Regression analysis is used to determine how interest rates affect customers’ behaviour regarding asset investment. This is a common technique used by economists, business owners, and statisticians. Another application of regression analysis is to establish the effect of education and work experience on employees’ annual earnings.
Data Mining: It's used mainly for very large sets of data to find the correlations within them. Data mining is a mixture of statistical methods and computer programming skills. Depending upon the quantity and size of the available data sets, the popularity of the data mining parallel increases.
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