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Busn603 Discussion Response

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Management
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Central Texas College
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Running head: BUSN603 DISCUSSION RESPONSE 1
BUSN603 Discussion Response
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BUSN603 DISCUSSION RESPONSE 2
Reply to Student One
Dear Student One,
I agree with your explanation of the QA model. This observation means that you do not
believe that the mathematic complexity of a QA model makes it any better. The examples you
have provided prove your assertion that low variance to the observed and a relatively smaller
amount of variables are the attributes of a good QA model. It is, therefore, right to say that a QA
model with a simple mathematic formula, one with fewer variables and low variance, makes it
easier to use and understand the outcomes of the data (Chiulli, 2018). I believe this is the point
you are trying to prove with the Roman gold coin project example. To make your explanation
more persuasive, you ought to have mentioned that an elaborate and complex mathematic QA
model makes finding a solution more complicated, which can lead to more errors.
Reference
Chiulli, R. (2018). Quantitative analysis: An introduction. Routledge.
Reply to Student Two
Dear Student Two,
Your explanation makes sense in the sense that you have been able to answer and support
your claim with examples. I agree with you in that the best QA model does not have to be
elaborate and complex mathematically. Like you, I tend to think that the best QA models are
those that have data that is accurately calculated. I like the fact that you have provided some of
the examples of qualitative factors that make up a great QA. By using these factors to show that
the best QA model is purely dependent on the data that can help predict real-world events and

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Running head: BUSN603 DISCUSSION RESPONSE BUSN603 Discussion Response Institution Affiliation Date 1 BUSN603 DISCUSSION RESPONSE 2 Reply to Student One Dear Student One, I agree with your explanation of the QA model. This observation means that you do not believe that the mathematic complexity of a QA model makes it any better. The examples you have provided prove your assertion that low variance to the observed and a relatively smaller amount of variables are the attributes of a good QA model. It is, therefore, right to say that a QA model with a simple mathematic formula, one with fewer variables and low variance, makes it easier to use and understand the outcomes of the data (Chiulli, 2018). I believe this is the point you are trying to prove with the Roman gold coin project example. To make your explanation more persuasive, you ought to have mentioned that an elaborate and comp ...
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