Quantitative methods notes pdf

Quantitative methods outline and the notes in pdf highlighted here. Quantitative methods unit is examinable by Kenya national examination council KNEC and is mainly taught in various courses highlighted below;

  • Diploma in Information communication technology
  • Diploma in sales and marketing
  • Diploma in human resource management
  • Diploma in road transport management

QUANTITATIVE METHODS UNIT: Quantitative methods emphasize objective measurements and the statistical, mathematical, or numerical analysis of data collected through polls, questionnaires, and surveys, or by manipulating pre-existing statistical data using computational techniques. During the sitting of the KNEC examination of this unit candidates are always advised to have geometrical sets and scientific calculators.

QUANTITATIVE METHODS UNIT TOPICS COVERED

  1. Data and data collection
  2. Sampling procedures
  3. Tabulating and graphing frequency distribution
  4. Measures of location
  5. Measures of dispersion
  6. Index numbers
  7. Correlation
  8. Linear regression
  9. Time series analysis
  10. Probability
  11. Binomial and poisson distributions

Data and data collection

This topic trainees will learn; introduction to data and data collection, measurement scales and types of data, collecting primary data and collecting secondary data

Sampling procedures

This topic trainees will learn; introduction to sampling procedures, statistical inference, sampling, sampling methods and choice of sampling methods

Tabulating and graphing frequency distribution

This topic trainees will learn; introduction to Tabulating and graphing frequency distribution, frequency distributions, class limits and class intervals, cumulative and relative frequency distribution, ways of presenting frequency distributions and presenting cumulative frequency distribution.

Measures of location

This topic trainees will learn; introduction to measures of location, use of measures of location, means, medians, quantiles, mode, choice of measures and functions, equations and graphs.

Measures of dispersion

This topic trainees will learn; introduction to measures of dispersion, range, quartile deviation, standard deviation and variance, coefficient of variation and skewness.

Index numbers

This topic trainees will learn; introduction to index numbers, simple( unweighted) index numbers, weighted index numbers (Laspeyres and Paasche Indices), Fisher’s Ideal Index, Formulae, Quantity or Volume Index Numbers, Changing the Index Base Year and Index Numbers in Practice.

Correlation

This topic trainees will learn; introduction to correlation, The Correlation Coefficient, scatter diagrams and rank correlation

Linear regression

This topic trainees will learn; introduction to linear regression, regression lines, use of regression, Connection Between Correlation and Regression and multiple regression.

Time series analysis

This topic trainees will learn; introduction to time series analysis, structure of time series, Calculation of Component Factors for the Additive Model, multiplicative model, forecasting and the Z chart.

Probability

This topic trainees will learn; introduction to probability, two laws of probability, permutations, combinations, conditional probability, sample spaces and Venn diagram.

Binomial and poisson distributions

This topic trainees will learn; introduction to Binomial and poisson distributions;

  • The Binomial Distribution
  • Applications of the Binomial Distribution
  • Mean and Standard Deviation of the Binomial Distribution
  • The Poisson Distribution
  • Application of the Poisson Distribution
  • Poisson Approximation to a Binomial Distribution
  • Application of Binomial and Poisson Distributions – Control Charts
  • Appendix: The Binomial Expansion

QUANTITAVE METHODS KNEC PAST PAPERS

QUANTITAVE METHODS NOTES(PDF) For short simplified and comprehensive notes examined by KNEC contact your business department or QM lecturer

FREE KNEC PAST PAPERS PDF FORMAT:

COURSE NOTES

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