Classifications of Quantitative Techniques

The following chart enlists the names of the important quantitative techniques:


                                      Quantitative
                                       Techniques                                                                                                                                                                          Statistical Techniques                Programming Techniques
          (statistical methods and                (operation research)
                 measures)

1. Methods of collecting data 
2. Classification and tabulation of collected data
3. Probability theory and sampling analysis
4. Correlation and regression 
5. Index number
6. Time series analysis
7. Interpolation and Extrapolation
8. Survey techniques and methodolgy
9. Ratio analysis
10. Statistical quality control
11. Analysis of variance
12. Statistical Inferences and interpretation
13. Theory of Attributes or Techniques

• Linear programming
• Decision Theory
• Theory of Games
• Simulation

      a) Monte carlo Techniques
      b) System simulation