This is the class blog for Busn170 taught at FCC 2008. All students are required to make at least one meanningful post or comment per week.

Showing posts with label (GROUP 5). Show all posts
Showing posts with label (GROUP 5). Show all posts

Tuesday, November 25, 2008

ANSWER TO CASE STUDY QUESTION 3

WHAT ARE SOME WAYS THAT FRIEDMAN MIGHT EVALUATE WHETHER HIS QUANTITATIVE TOOLS ARE WORKING? BE SPECIFIC

Quantitative techniques involve applying a set of mathematical rules to a series of past data to predict outcomes.
Friedman can use regression models and predict certain factors such as the outcome of the pitch. He is currently using data mining and financial models he can follow what the ternd ahs been towards such moves in the game and accordingly mould his tools. Friedman can make sure players perform well and to their maximum potential and use the substituion effect to analyse the effect of the pitch.

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