INTRODUCTION TO QUALITATIVE AND QUANTITATIVE RESEARCH METHODS There are generally two kinds of research: qualitative and quantitative. For any research project the researcher needs to be clear about which type of research will provide the information required. The role of qualitative research is to tell you why; quantitative research tells you how many. The methods are quite different. Definition of Quantitative research? "There ’s no such thing as qualitative data. Everything is either 1
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Exercise 1: In a management trainee program‚ 80% of the trainees are female‚ 10% male. A total of 70% of the females attended college‚ while 60% of the males attended college. A management trainee is selected at random. 1. What is the probability that the person selected is a female who did NOT attend college? = 0.80 * 0.30 = 0.24 (24%) 2. What is the probability that the person selected is a female who did attend college? = 0.80 * 0.70 = 0.56 (56%) 3. What is the probability that the person
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Introduction The study of Research Methods has become both a more important and significant part of sport in recent years and there has been a rapid growth in interest in the theoretical side of Sport and Exercise. In this assignment I will be talking about the key issues in Research Methods for Sport and Exercise Sciences and focusing on two aspects in particular – Qualitative and Quantitative research. I will be giving examples and opinions of these methods and pointing out advantages and disadvantages
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ASSIGNMENT QUESTION: ‘‘A Trend in Contemporary Time is the Increasing Need to Comprehend Basic Quantitative Methodology and its Language as a Tool for Decision Analysis’’ Prof J.A. Fabayo. Do You Agree? ANSWER: Background A person managing a production unit for instance‚ a factory‚ a farm or even a kitchen has to coordinate men‚ machines and money against several constraints like time‚ cost and space in order to achieve the organization’s objectives in an efficient and effective manner
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Quantitative Analysis of Soda Ash by Double Indicator Method Results and Discussion The experiment focuses in the use of double indicator titration in quantitative analysis of soda ash sample. Titration refers to the process of measuring the volume of titrant required to reach the equivalnece point. This method of analysis‚ is based on the chemical reaction aA + bB → products (1) where a is the molecules of the unknown substances to be analyzed or the analyte. Analyte reacts with b molecules
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Assess the position that in sociological research quantitative research methods are superior to qualitative research methods. Sociologists have a number of different types of research that can be used to acquire data. They can be traced back to Max Weber (1864) regarded as the founder of interpretivism‚ was opposed to the idea that human behavior is exactly quantifiable. Human behavior is based on the idea that social interaction is surrounded by consciousness action and unpredictability (emotions
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Final Assignment Take-Home Exam – Example Solutions QUANTITATIVE ANALYSIS AND BUSINESS DECISION MAKING Question 1 – 5 Points Leila took a standardized test and was told that her score was in the 89th percentile. Explain clearly and in only one sentence what this means. Notes: Percentiles are a way of describing the position of a particular score within a set of scores As per the question‚ I was looking for one simple sentence to explain the meaning of the statement Ideal Answer: If Leila’s
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Linear Programming D.V. – Decision Variables O.F. – Objective Funtion S.T. or CONST - Constraints Constrained Mathematical Model – a model with an objective and one or more constraints EXAMPLE: 50D + 30C + 6M is the total profit for a production run($50 profit for Desk‚ $30 profit for Chair and $6 per pound for steel) Functional Constraints - ≤ ≥ or = --Restrictions that involve expressions with 1 or more variables EXAMPLE: 7d+3c+1.5M <= 2000 (constraint on raw steel) Variable Constraints
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Quantitative Methods in Business – Linear Programming 1- Statement of the Problem: Middle East for investment offers a bundle of investment options in many types of securities. Mr. Brown‚ an investor‚ would like to invest $ 5 million in various securities. He wishes to maximize his yearly profit over the next year. The investment company offered him a portfolio including Bonds‚ Stocks‚ Gold and Land. The expected return is 6% for Bonds‚ 14% for Stocks‚ 10% for Gold and 5% for Land. For diversification
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Introduction to Management Science: Quantitative Methods: 50 Multiple Choice Questions Question 1 In a balanced transportation model where supply equals demand‚ a. all constraints are equalities b. none of the constraints are equalities c. all constraints are inequalities d. none of the constraints are inequalities Question 2 In a transportation problem‚ items are allocated from sources to destinations a. at a maximum cost b. at a minimum cost c. at a minimum profit d. at
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