# Quantitative Methods

• ## What is the importance of quantitative techniques?

Basis for scientific analysis– With the increase in complexities of modern business it is not possible to rely on the unscientific decisions based on...

• ## Properties of Good Measure of Variation

Properties of Good Measure of Variation Advertisement   It should be simple to understand. It should be easy to compute. It should be rigidly defined....

• ## What is the significance of correlation?

Significance of correlation Most of the variables show some kind of relationship like there is relationship between price and supply and income and expenditure. With...

• ## What is correlation analysis?

Correlation analysis deals with the association between two or more variables. If two or more quantities vary in sympathy so that movements in one tend...

• ## Scatter diagram method of correlation

Scatter diagram method- This is the simplest device for ascertaining whether two variables are related is to prepare a dot chart called scatter diagram. The...

• ## Linear and non linear correlation

Linear and non linear correlation It is based upon the constancy of the ratio of change between the variables. If the amount of change in...

• ## Simple partial and multiple correlation

Simple partial and multiple correlation This depends upon number of variable studied. When only two problems are studied then it is simple correlation. When three...

• ## Positive or negative correlation

Positive or negative correlation This depend upon the direction of series. If both variable are increasing or decreasing in same direction than this is positive...

• ## What is regression analysis?

The analysis of coefficient of correlation finds the closeness of the variables but the regression analysis helps us to find out one variable as we...

• ## Difference between correlation and regression

Difference between correlation and regression- Whereas coefficient is a measure of degree pf co variability between x and y the objective of regression is to...

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