QUANTITATIVE TECHNIQUES

Explain five uses of index numbers in decision making. (8 marks) NOVEMBER 2022

Explain the meaning of each of the following types of matrices, giving an example in each case: (i) equal matrices; (ii) row matrix; (iii) transpose matrix; (iv) scalar matrix; (v) square matrix. (10 marks)NOVEMBER 2022

Outline five limitations of quantitative techniques in business decision making. (10 marks)NOVEMBER 2022