WHAT IS QUANTITATIVE TECHNIQUES ? Decision Science is the application that uses scientific approach and solves the man…
What is Markov Chain Analysis ? Markov Analysis is a way of analyzing the current movement of some variable in an effo…
Contents : Concept of Network Analysis. Objectives of Network Analysis. Advantages of Network Analysis. Disadvantages o…
What is Simulation ? Meaning and Definition of Simulation : A simulated model may be defined as one which depicts the…
What is Probability ? Computation of the chance of an occurrence of a certain event is called probability. Hence, proba…
✏ Table of Content : Introduction to Quantitative Data Examples of Quantitative Data Characteristics of Quantitative Da…