Statistical Analysis

Statistical Analysis

Introduction

The investment firm has lessened its market position among other countries due to unfulfilled responsibilities in quality management. The quality management of the company has weakened to solve the client issues and the other stakeholder's problems. This creates a significant nuisance for the staff of the company and the clients of the company. However, the company business has comprised on investment, private equity and credit biz sectors. To maintain their position in the market where different competitors has entered, the company requires proper research method for evaluating the weakened factors. This approach will effectual for the company leaders to analyze the leading issues and take immediate steps for improving the proficiency in quality management (Zhang, et.al, 2012).

Discussion

Background

The company has lost its market value which requires proper techniques to rectify all those predominant issues. For increasing their efficiency in work, the company need to collect data of the clients and stakeholders that are directly or indirectly associated with the company. This will help them to sort the main issues by using the research methods. The quality management system of any company must be strong because the company who perform multiple financial tasks and dealing with various customers must implement robust quality management system. For identifying the central issues, the company must to appoint researchers for evaluating the main causes. The researchers will analyze the company problematic strategy by targeting the population. The focus of quantitative methods has significantly used in collecting the targeted population data (Zhang, et.al, 2012).

Collecting the data

The collection of data has fulfilled by targeting the respondents. These respondents must be a company client and stakeholders. The researchers will use particular approaches for collecting the data such as questionnaires and direct interviews.



Problems in collecting the data

It is very tedious to collect the data of respondents of any company especially the financial sector where the budgeting process has used in between clients and company. The participants of company mostly not interested to share their financial set up with others. During study, the investigators ask various questions related to their property, bank accounts and credit cards which cannot be possible for the client to share with others. This situation creates a significant nuisance for the researchers because incomplete data will not effective for them in terms of analysis. Further, this will not effectual for describing the main issues.

Multiple Linear Regressions

The multiple regression technique has use to identify the relationship between dependent and multiple explanatory variables. This approach will effectively describe the trend of research. The data which has obtained from the company clients by using questionnaires technique must have several independent variables due to which the quality management of the company has lessened. The multiple regressions have critically identified the proportions of such issues which adversely affects the quality management of a financial sector company. This approach will also beneficial for evaluating the accepting or reject the null hypothesis. The obtained results can effectively examine about the null hypothesis either false or ...