QUANTITATIVE METHODS- II Module I (6 Hours) Introduction to Operations Research. Definition‚ scope of Operations Research‚ characteristics‚ advantages and limitations. Quantitative approach to decision making‚ models & modeling in Operations Research. Module II (8 Hours) Linear programming‚ Structure of linear program model‚ Assumption‚ Advantages‚ Limitations‚ General mathematical model‚ Guidelines for formulation of linear programming model‚ Graphical method‚ algorithm (Only illustrative
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Principles of Quantitative Methods 2011 Table of Contents Question 1 – Difference between Simple Interest and Compound Interest 3 1.0 Simple Interest 3 1.1Compound Interest 4 Question 2 – Difference between Depreciation by Straight Line Method and Depreciation by Reducing Balance Method 6 2.0 The Difference 6 Question 3 - Standard Deviation and Quartile Deviation 7 Standard Deviation 7 Quartile Deviation 8 3.0 Purpose of Calculating Standard Deviation and Quartile Deviation 8 3
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Quantitative Research Quantitative research often is the preferred approach to problem design as results are precise. Many researchers prefer the exact measurement and statistical analysis that quantitative research offers. Observation in quantitative research allows classification and the statistical models built document the outcome of a study. The data collected in a quantitative investigation creates answers in numbers and statistics. Deductive reasoning is used to design quantifiable tools
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ECON10005 QUANTITATIVE METHODS 1 Assignment 2 Semester 1‚ 2014 This assignment has three questions‚ and is due by 4.00pm on Thursday April 17. It is to be submitted electronically as a .pdf file using the assignment tool on the subject’s LMS page. Marks depend on your tutor being able to understand your statements and arguments‚ so marks may be deducted for poor presentation or unclear language. Use nothing smaller than 12 point font. If you wish to write your assignment by hand and scan the
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Quantitative Research Research Methods in Criminal Justice and Security Professor Beshears 27 February 2014 Quantitative research collects numerical data through surveys‚ questionnaires‚ and polls. Quantitative research main purpose is to find the relationship between two variables. According to Babbie (2010) a descriptive study establishes only associations between variables while experimental defines the casualties (pg. 1). The data that is collected from the research is usually
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Some scholars use quantitative methods in their study of the causes of conflict. Explain these methods and identify their strengths and weaknesses. The assignment should be 800-1000 words (excluding references). Assessment: ability to focus on and answer the question set; command of the material (including the wider academic debate); analysis and critical discussion around an argument or approach; logical structure of arguments; use of academic language; editing; introduction and conclusion; and
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Sociology develops‚ adopts‚ and adapts a wide variety of methods for understanding the social world. A quantitative approach is associated with the collection of facts‚ usually statistical in form‚ favoured by positivist sociologists. The quantitative approach studies the relationships between different groups of facts to find correlations or the ultimate goal‚ cause-and-effect relationships. The quantitative approach often results in patterns becoming translated into generalisations about the
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Quantitative data is data in a numerical form- in the form of numbers. Qualitative data spans a range of material from the descriptions of social life provided by participant observation and unstructured interviews to information from written sources. Quantitative data is usually in the form of statistics. Questionnaires and structured interviews are typical methods used when gaining quantitative data‚ as the results are easily transferable to a numerical form. Qualitative data is associated with
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Denise Brown Walden University Application 1 Assignment Qualitative method is one of three methods of conducting research. According to Creswell (2009). Creswell (2009) additionally shares collecting data to analyze and interpret behavior is significantly different from quantitative method due to purposeful sampling. In this process open-ended data is observed unlike the traditional process in quantitative method. Qualitative method is more of hands on inquiry going directly to the scene of where the
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Quantitative Research 1. Introduction Before directly going to the quantitative type of research‚ let’s say a few points about the terminology research. Many scholars have defined research differently. For example‚ as cited by Singh (2006)‚ Rusk has defined it as Research is a point of view‚ an attitude of inquiry or a frame of mind. It asks questions which have hitherto not been asked‚ and it seeks to answer them by following a definite procedure. It is not a mere theoritizing
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