Qunatitative Analysis -Interactions And Corporate Performance - Assessment Answer
Solution Code: 1EIBJ
Question: Qunatitative Analysis
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Qunatitative Analysis
Case Scenario/ Task
I am researching positive interactions between the CEO and board members and the correlation between those interactions and corporate performance.
I need to know what stats test(s) do I use and why.Qunatitative analysis
e.g. sample size (population 1,000), tests
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Solution:Qunatitative Analysis
Quantitative analysis is one of the most important technique for analysing numerical values. It is the best technique for analysing high volume of numerical data from large population. The current research is based on interaction between CEO and board members and impact of this interaction on overall performance of company. So, for analysing this, researcher can use the Correlation coefficient which is one of the best quantitative methods for analysing relationship between two different variables. As per the given information sample size will be 1000 which has reflected the large volume of the data. As per this statistical test high correlation between both variables will show the positive relationship. It means strong interaction between boar of members and CEO will help in increasing the overall performance of the company (Paradis, 2017). On the other hand, poor interaction can decline the performance of the company. Overall calculation of the correlation coefficient is one of the best way to analyse the impact of impact of interaction and corporate performance.
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