In addition to the basic methods described above there are a variety of more complicated analytical procedures that you can perform with your data. Note that no data set is perfect--describe any limitations in methods of gathering data.
As a consequence, the results of quantitative research may be statistically significant but are often humanly insignificant. Again, the quants do not care about who manages the investment, what its balance sheet looks like, what product helps it earn money or any other qualitative factor.
When using pre-existing statistical data gathered and made available by anyone other than yourself [e. Methodology The methods section of a quantitative study should describe how each objective of your study will be achieved.
Data collection in qualitative research is not seldom based on unstructured or semi-structured, but methodologically flexible techniques, e. This has led to increasingly complex quantitative trading strategies, as traders seek to identify consistent patterns, model those patterns and use them to predict price movements in securities.
Allows for a broader study, involving a greater number of subjects, and enhancing the generalization of the results; Allows for greater objectivity and accuracy of results. So, if the data reveals that two investments are likely to generate similar returns, but that one will be significantly more volatile in terms of up and down price swings, the quants and common sense would recommend the less risky investment.
A correlation merely indicates that a relationship or pattern exists, but it does not mean that one variable is the cause of the other.
In general, qualitative research generates rich, detailed and valid process data that contribute to the in-depth understanding of a context. The discussion should meld together your findings in relation to those identified in the literature review, and placed within the context of the theoretical framework underpinning the study.
Empirical relationships and associations are also frequently studied by using some form of general linear modelnon-linear model, or by using factor analysis. A descriptive study is governed by the following rules: In classical physics, the theory and definitions which underpin measurement are generally deterministic in nature.
Things to keep in mind when reporting the results of a study using quantitative methods: Summary of findings — synthesize the answers to your research questions. Explain the data collected and their statistical treatment as well as all relevant results in relation to the research problem you are investigating.
Choose a minimally sufficient statistical procedure; provide a rationale for its use and a reference for it. Yet, their objectives as well as their applications overlap in numerous ways.
Interpretation of results is not appropriate in this section. Markowitz used math to quantify diversification, and is cited as an early adopter of the concept that mathematical models could be applied to investing. Among the specific strengths of using quantitative methods to study social science research problems: For example, quantitative analysis is used in analytical chemistry, financial analysis, social science, and organized sports.
As every investor knows, there are no sure bets. Qualitative Analysis While quantitative analysis serves as a useful evaluation tool, it is often combined with the complementary research and evaluation tool of qualitative analysis.
Characteristics of Quantitative Research Your goal in conducting quantitative research study is to determine the relationship between one thing [an independent variable] and another [a dependent or outcome variable] within a population. Qualitative methods might be used to understand the meaning of the conclusions produced by quantitative methods.
Quantitatively based opinion surveys are widely used in the media, with statistics such as the proportion of respondents in favor of a position commonly reported. It provides insights into the setting of a problem.
Sample selection in qualitative research is usually based on a smaller number of not-necessarily representative cases. This is because accepting a theory based on results of quantitative data could prove to be a natural phenomenon. Using the Chicago Board Options Exchange Volatility Index VIX as a proxy for stock market volatility, when volatility rises, our hypothetical portfolio would shift its assets toward cash.
Although scientists cannot directly measure the temperature of past years, tree-ring width and other climate proxies have been used to provide a semi-quantitative record of average temperature in the Northern Hemisphere back to A.
The Bottom Line Many investment strategies use a blend of both quantitative and qualitative strategies. What are the Risks.
Quantitative analysis is not the opposite of qualitative analysis; they are just different philosophies. Make sure that non-textual elements do not stand in isolation from the text but are being used to supplement the overall description of the results and to help clarify key points being made.
An experiment in which group x was given two tablets of aspirin a day and group y was given two tablets of a placebo a day where each participant is randomly assigned to one or other of the groups.
Quantitative research seeks out explanatory laws whereas qualitative research aims more at in-depth description.
Governments and central banks commonly track and evaluate statistical data such as GDP and employment figures. Qualitative tools used for the project can include customer surveys and panel discussions.
Discussion of implications — what is the meaning of your results?. Analyze Quantitative Data Quantitative data analysis is helpful in evaluation because it provides quantifiable and easy to understand results. Quantitative data can be analyzed in a variety of different ways.
Modeling and analysis of data; Quantitative research is often contrasted with qualitative research, which purports to be focused more on discovering underlying meanings and patterns of relationships, including classifications of types of phenomena and entities.
Quantitative Research Definition: Quantitative research, in marketing, is a stimulating and highly educational technique to gather information from existing and potential customers using sampling methods and sending out online surveys, online polls, questionnaires etc., the results of which can be.
The main differences between quantitative and qualitative research consist in respect to data sample, data collection, data analysis, and last but not least in regard to outcomes. In quantitative data analysis you are expected to turn raw numbers into meaningful data through the application of rational and critical thinking.
Quantitative data analysis may include the calculation of frequencies of variables and differences between variables. A quantitative approach is usually. Quantitative Research Definition: Quantitative research, is defined as a the systematic investigation of phenomena by gathering quantifiable data and performing statistical, mathematical or computational techniques.
Quantitative research gathers information from existing and potential customers.What is quantitative analysis in research