Book Report On Keeping Up with the Quants Your Guide to Understanding and Using Analytics

Subject: Research Methodology and Computer Application

Paper Model: APA

Paper Type: Assignment

Total Words: 2192

Document Outline

Summary Section-chapter-by-chapter
Chapter 1-
Chapter 2
Chapter 3
Chapter 4
Chapter 5
Chapter 6
Chapter 7
Discussion: 
References: 

 


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Summary Section-chapter-by-chapter

Chapter 1-

In the first chapter of this book, the whole chapter describes the very common phenomenon according to some researchers and thinkers in data collection and data representation mechanism with all necessary outcomes. There are many evidences that the data is inculcating in businesses and the main important element while looking for information for improvement is lie under the data and data initiated mechanism. The correction of data leads the world leaders towards the correct decision and timely fit mechanism against the product portfolio as the world is now a globalised country. The data that was the core of every business still not left the government and society as well. The quantitative analysis is the base of better decision making in business, government and even in societies.

Chapter 2

The whole chapter 2 covers the whole structure of problems facing by organization in managing data and information behind that particular data for the resolution of particular problem facing by business in contemporary times. The core process that is foremost in the development of information system in business is the definition the question raised while having the quantitative analysis done at better level with the best methods to apply them in real time. The frame or structure of problem is the basic element. The two step agenda is being followed by the framing problem thinkers. The first agenda in framing the problem is the problem recognition and other is the review of the already find data and information about the same problem.

Chapter 3

This chapter ponders upon the importance of centralized thinking, about the solution of problem and only all efforts should evaluate that how each step taken in businesses is synchronized with the objectives and motives in the reality model. There are three stages in solving the problem is needy and should be done with the same pace. The first stage of solving the problem is Modeling process and at this step variable that is going to help in this modeling process. What type of variables and how each variable in business is actually attach with the modeling and modeling step in solving the problem. The second step is the data collection according to pre selected variables that are important in developing solutions against the problem and third is the data analysis upon facts and figures.

Chapter 4

According to whole thematic meaning of this chapter, the chapter showed that the communication system over there at big level or one can say at organization level, the introspection upon the basis of data collection and data representation in the phenomenon whole data extraction process generates some results, some findings, some presentations and some actions. The articulation of results upon facts and figures, the collection of findings for meaningful purpose, the presentations of data at most reality level and actions against already data available with the actual statistics and overall communication of those results, findings with the immediate decision makers of that business so that its whole operation in business can be improve. This is important step because lack of communication channel in communicating result

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