What are the attributes of a good quantitative analysis model? C.W. Churchman once said that "mathematics...

70.2K

Verified Solution

Question

General Management

What are the attributes of a good quantitative analysis model?C.W. Churchman once said that "mathematics tends to lull theunsuspecting into believing that he who thinks elaborately thinkswell." Do you think that the best QA models are the ones that aremost elaborate and complex mathematically? Why or why not?

Answer & Explanation Solved by verified expert
4.0 Ratings (582 Votes)
Quantitative analysis can be seen as a business analysis method which has the main objective to have a comprehensive understanding about the different behaviors by using the trivial mathematical and statistical models by applying measurement research and assignment of numerical value variables The individuals in corporate implement these analysis as a methods for the determination evaluation and valuation of    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students