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# The Quantitative Analysis Approach

## Implementing the Results

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# • Quantitative analysis models are realistic, solvable, and understandable mathematical representations of a situation.

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Schematic models 10 " id="pdf-obj-9-12" src="pdf-obj-9-12.jpg">

# • There are different types of models:

Scale
models
SPD4524 - L01 - Introduction

# models

Schematic models 10 " id="pdf-obj-9-23" src="pdf-obj-9-23.jpg">

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# variable costs. Variable costs are the product of unit costs times the number of units.

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SPD4524 - L01 - Introduction

# – This is the main menu of quantitative models

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# – Works automatically within Excel spreadsheets

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# Selecting Break-Even Analysis in Excel QM

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# References

## Cengage Learning.

Dependent
Yes
No
Variable (DV)
Y 1 +Y 2 +
...
=α+aX
1 +bX 2 +
...
IV
DV
DV
No
Yes
more than
one
DV
DV
Independent
quantitative or
quantitative or
Variable (IV)
qualitative
qualitative
quantitative or
qualitative
Qualitative
Quantitative
Quantitative
IV
IV
IV
quantitative or
quantitative or
quantitative or
qualitative
qualitative
qualitative
Quantitative
Quantitative
Quantitative
Qualitative
Qualitative
Qualitative
Qualitative
Discriminant
t test/
Cluster analysis/
MANOVA/
Canonical
Conjoint
analysis/
ANOVA/
Multiple
Conjoint
Factor analysis/
Canonical
correlation/
analysis
Logit/
Multiple
regression
analysis
Multidimensional
correlation
SEM
Probit
regression
scaling analysis/
ꭕ2 test