Transcription of Quantitative Methods for Business and Management
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Business ManagementStudy ManualsDiploma inBusiness ManagementQUANTITATIVEMETHODS FORBUSINESS ANDMANAGEMENTThe Association of Business Executives5th Floor, CI Tower St Georges Square High Street New MaldenSurrey KT3 4TE United KingdomTel: + 44(0)20 8329 2930 Fax: + 44(0)20 8329 2945E-mail: Copyright, 2008 The Association of Business Executives (ABE) and RRC Business TrainingAll rights reservedNo part of this publication may be reproduced, stored in a retrieval system, or transmitted inany form, or by any means, electronic, electrostatic, mechanical, photocopied or otherwise,without the express permission in writing from The Association of Business in Business ManagementQUANTITATIVE Methods FOR Business ANDMANAGEMENTC ontentsUnitTitlePage1 Data and Data Collection1 Introduction2 Measurement Scales and Types of Data3 Collecting Primary Data5 Collecting Secondary Data102 SamplingProcedures13 Introduction14 Statistical Inference15 Sampling16 Sampling Methods18 Choice of Sampling Method233 Tabulating and Graphing Frequency Distributions25 Introduction26 Frequency Distributions27 Class Limits and ClassIntervals29 Cumulative and Relative Frequency Distributions32 Ways of Presenting Frequency Distributions34 Presenting Cumulat
Quantitative methods use quantitative data which consists of measurements of various kinds. Quantitative data may be measured in one of four measurement scales, and it is important to be aware of the measurement scale that applies to your data before commencing any data description or analysis. The four measurement scales are: (a) Nominal Scale
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