Assignment 2
Software Tools and definition of QA.
Tools
http://www.informationforaccountants.com/article_Analysis_1.html
http://www.drjimmirabella.com/bus305/
Definition
http://www.yourdictionary.com/business/quantitative-analysis
Mathematical study of something. For example, an economist makes an economic forecast to management after analyzing many quantitative factors, including currency exchange rates, inflation, interest rates, and changes in the money supply.
http://www.investopedia.com/terms/q/quantitativeanalysis.asp
A business or financial analysis technique that seeks to understand behavior by using complex mathematical and statistical modeling, measurement and research. By assigning a numerical value to variables, quantitative analysts try to replicate reality mathematically. Quantitative analysis can be done for a number of reasons such as measurement, performance evaluation or valuation of a financial instrument. It can also be used to predict real world events such as changes in a share price.
Monday, March 29, 2010
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