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Sensitivity analysis is step of the approach to quantitative analysis do you assess how well the solution works.

What is quantitative analysis approach?

Quantitative analysis (QA) in finance is an approach that emphasizes mathematical and statistical analysis to help determine the value of a financial asset, such as a stock or option.

The Steps of Quantitative Research

  • Theory.
  • Hypothesis.
  • Research design.
  • Operationalising concepts.
  • selection of a research site or sites.
  • Selection of respondents.
  • Data collection.
  • Processing data.

How could a quantitative approach to decision making be used to solve this problem?

  • The quantitative approach is to make an optimal decision by using mathematical and statistical models in a situation when the probability of all outcomes is uncertain.
  • In so many words, in decision-making it helps managers solve complex problems.

Learn more about quantitative analysis

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