Question

Introduction of Quantitative analysis with examples. i want the answer written not in picture please

Introduction of Quantitative analysis with examples.

i want the answer written not in picture please

Homework Answers

Answer #1

Quantitative analysis is the use of mathematical models to analyze data points, with the intent of understanding a condition. Quantitative analysts aim to represent a given reality in terms of a numerical value. Quantitative analysis is employed for several reasons, including measurement, performance evaluation or valuation of a financial instrument.

Example:

  • The age of your car
  • The number of hairs on your knuckle
  • The prices of commodities
  • The risk of hurricanes hitting a coastline
  • The prices of equity instruments
  • Changes in interest rates
  • The severity of earthquake damage in certain areas
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