Applied Quantitative Analysis (AQA)
Applied Quantitative Analysis (AQA) provides practician, academicians, and other relevant professionals throughout the world with the opportunity to exchanges and disseminates theoretical and practice-oriented papers for the advancement of quantitative methodology. The focus and scope of AQA are but not limited to quantitative tools, such as linear optimization, stochastic process, dynamic programming, econometrics, time series analysis, multivariate/frequentist statistics, bayesian statistics, machine learning algorithm, game theory, data science. The context of the research include but not limited to Accounting, Business and International Management, Industrial Relations, Management Information Systems, Management of Technology and Innovation, Marketing, Organizational Behavior and Human Resource Management, Strategy and Management, Tourism, Leisure and Hospitality Management, Industrial and Manufacturing Engineering, Control and Systems Engineering, Applied Mathematics, Computational Mathematics, Control and Optimization, Modeling and Simulation, Numerical Analysis, Decision Sciences, Management Science and Operations Research, Operations Management, Statistics, Probability and Uncertainty, Information Systems and Management, Economics, Econometrics and Finance, Multidisciplinary.
Articles
29 Documents
<![CDATA[Millennial votes in the 2019 Philippine National Election: A quantitative approach ]]>
<![CDATA[ Applied Quantitative Analysis Vol. 2 No. 2 (2022): December 2022 ]]>
Publisher : <![CDATA[Research Synergy Foundation ]]>
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DOI: 10.31098/quant.558
<![CDATA[This study aimed to know factors influencing the voting preferences of the Millennial generations during the 2019 Philippine National Election. According to the official social media of the Commission on Elections (COMELEC), more than 61.8 million voters for the election belonged to the Millennial generation. Using a questionnaire survey, this study measured and correlated the respondents' profile, Candidate's Attribute, Endorsement Method, Platform and Campaign Strategy, and top ten characteristics of the candidates. These variables were all surveyed, tallied, and analyzed. The survey involved 138 college students who participated in the Voter’s Education Program led by COMELEC Taguig. This study reveals that the top three characteristics that the respondents wanted to see in a candidate are: not corrupt, wise, and a Godly person. In the future, this study can be replicated in a larger population of Millennials. It can be a great avenue of change in the political atmosphere of the Philippines. Finally, this study could bring new inspirations to those aspiring to run for public offices.]]>
<![CDATA[Impact Evaluation on the Religious Practices on Honoring the Dead ]]>
<![CDATA[ Applied Quantitative Analysis Vol. 2 No. 2 (2022): December 2022 ]]>
Publisher : <![CDATA[Research Synergy Foundation ]]>
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DOI: 10.31098/quant.559
<![CDATA[Filipinos’ deep respect for the dead impelled the establishment of a culture of holding wake, interment and memorial as expression of reverence and tribute. Although Filipinos’ daily life are influenced by Catholic teachings, there is an observable lack of knowledge of and formation in the faith. This research investigated on the impact of religious practices on honoring the dead to selected Senior High School students of “X” College. Significant difference on the religious practices on honoring the dead – and on its extent of impact presented to the respondents in Christian Living lessons – in relation to the economic status and place of residence, were evaluated. Utilizing descriptive-evaluative design, findings of this study showed that, when grouped according to demographic profile, there is no statistically significant difference, both on (a) religious practices experienced by the respondents on honoring the dead and, (b) on its extent of impact as these religious practices are presented in Christian living lessons. A “Suggested Learning Resource” was crafted, highlighting in every lesson the indicators in the research questionnaire that received low WAM. It was concluded that the indicators which express the cultural aspect of the religious practices on honoring the dead were ranked least by the majority of the respondents, including indicators which express sense of belongingness in the family of God, ministry of consolation by all the baptized, and Christ as the center of our life. By integrating the “Suggested Learning Resource” in the existing learning package for Religious Education, crafting of lessons which are responsive to the educational and social context of learners – specifically on topics that touches Catholic doctrines on life, death and afterlife – will aim at a deeper appreciation of Catholic doctrines, leading to authentic witnessing to the Faith through one’s own cultural identity.]]>
<![CDATA[Do entrepreneurial education and motivation relate to gender? A quantitative study from Indonesia ]]>
<![CDATA[ Applied Quantitative Analysis Vol. 1 No. 1 (2021): June 2022 ]]>
Publisher : <![CDATA[Research Synergy Foundation ]]>
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DOI: 10.31098/quant.566
<![CDATA[The increasing number of entrepreneurship programs, formal or nonformal, intends to increase the number of entrepreneurs in Indonesia. However, the number of entrepreneurs may not be associated with whether a person had been enrolling in entrepreneurship education. This study analyzes the association between entrepreneurial education and entrepreneurial motivation. Furthermore, we also want to investigate whether the two variables mentioned above have a correlation with gender. Of 101 collected respondents, the results are generated using the Chi-square independence test for data analysis. We found no association between gender and entrepreneurial motivation, no association between entrepreneurial education and entrepreneurial motivation, and no association between gender and entrepreneurial education. Thus, entrepreneurial motivation is fundamentally subjective and does not consider gender. This result generates significant recommendations for the Indonesian government to improve entrepreneurial activities and motivation in the future.]]>
<![CDATA[Domestic and Foreign Banks' Stability in Indonesia: the Grey Zone Trap and Key Determinants ]]>
<![CDATA[ Applied Quantitative Analysis Vol. 1 No. 2 (2021): December 2022 ]]>
Publisher : <![CDATA[Research Synergy Foundation ]]>
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DOI: 10.31098/quant.596
<![CDATA[The recent global financial crisis in 2008 has comprehensively predisposed the stability of most banking sectors worldwide, but not in Indonesia. As reported by IMF, the Indonesian banking industry showed such a remarkable stability level, facing negative shocks. However, an important question persists: whether Indonesian domestic banking sectors are truly stable or the foreign-owned banks are the ones that give a more significant share of stability contribution. Hence, this paper investigates the stability level using the Z-score modification model and assesses the main constituents that impart the stability levels of foreign and domestic banks by applying VECM of micro-prudential and macroeconomics indicators. The research is based on the aggregate data of Indonesian foreign and domestic banks from the year 2005 to 2015. The result then shows that the grey zone bridled the domestic banking sector in Indonesia, a high alert partial safe zone, due to its incommensurate loan control, inefficiency in generating profitability and liquidity from assets, and lack of capital buffers presence. Nevertheless, the findings also reveal that neither domestic nor foreign banks in Indonesia were completely safe against credit risk.]]>
<![CDATA[The use of e-wallet among Gen-Y in Malaysia during the global pandemic: An analysis using PLS-SEM ]]>
<![CDATA[ Applied Quantitative Analysis Vol. 1 No. 1 (2021): June 2022 ]]>
Publisher : <![CDATA[Research Synergy Foundation ]]>
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DOI: 10.31098/quant.597
<![CDATA[Traditionally, everyone uses notes and coins or even credit cards and cheques for all business transactions, resulting in several problems such as inconvenience, inefficiency, and ineffectiveness. The limitation of traditional payment may cause delay in payment, high risk of theft, and fraud transaction. To reduce these problems, an e-wallet is introduced, and it helps to reduce fraud as the data stored in the mobile wallet are encrypted. An owner can reduce the limit and receive notification on any transaction. During the global pandemic, consumers are forced to follow the restriction of movement. Stores in Malaysia are closed, and consumers begin to buy things online aggressively. This study aims to determine the factors that affect the use of e-wallet among Gen-Y during the Global Pandemic using PLS-Sem analysis. Snowball sampling was used to gather 181 respondents via online surveys. This study adopted four variables, i.e., perceived ease of use, perceived usefulness, benefits to users, and trust. Of them, two (perceived usefulness and trust) are supported.]]>
<![CDATA[Predicting travel insurance policy claim using logistic regression ]]>
<![CDATA[ Applied Quantitative Analysis Vol. 1 No. 1 (2021): June 2022 ]]>
Publisher : <![CDATA[Research Synergy Foundation ]]>
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DOI: 10.31098/quant.613
<![CDATA[This paper analyzes the characteristics that influence the travel insurance claim based on existing data records. Using logistic regression, the dependent variable is the feature that determines whether there is a claim or no claim. On the other hand, the independent variables are analyzed using exploratory data analysis to identify which characteristic has the highest correlation with the dependent variable. Based on selected features, the logistic regression model is created and used to generate the prediction claim data. The predicted data gives an excellent approximation to the actual data.]]>
<![CDATA[Applied Quantitative Analysis: An inaugural statement ]]>
<![CDATA[ Applied Quantitative Analysis Vol. 1 No. 1 (2021): June 2022 ]]>
Publisher : <![CDATA[Research Synergy Foundation ]]>
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DOI: 10.31098/quant.656
<![CDATA[This article marks the inaugural of Applied Quantitative Analysis (AQA) journal. It is founded on the idea of numbers as the first and foremost mathematical object that act as the harbinger of all meaning. The journal aims to provide a medium for researchers and practitioners to exchange and disseminate their theoretical and practical works that employ quantitative analysis methods to their furthest extent. The journal covers research topics and themes in the three branches of sciences (i.e., formal science, natural science, and social science). In addition to discipline-specific studies, the AQA journal encourages multidisciplinary and interdisciplinary works. Basically, this journal accepts manuscript submissions as Research, Review, Method, Commentary, or Book Review articles. For the submission, each article type has its own general structure and particular requirements. On the other hand, this journal continuously establishes its diverse Editorial Board by inviting experienced scholars in the applied quantitative analysis area from different disciplines and geographical locations. As a focal point of publications among quantitative scholars, the journal invites quantitative scientists and researchers to join as reviewers to ensure the solid quality of published papers.]]>
<![CDATA[Reviewing the Human Capital Performance Stimulants of Private Employees in Indonesia: The Role of Job Satisfaction as a Mediator with a Quantitative Approach ]]>
<![CDATA[ Applied Quantitative Analysis Vol. 1 No. 2 (2021): December 2022 ]]>
Publisher : <![CDATA[Research Synergy Foundation ]]>
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DOI: 10.31098/quant.746
<![CDATA[The effectiveness of organizations and companies is correlated with human capital performance. Therefore, we require the use of human capital performance as a benchmark for organizations and companies to achieve the vision and mission together. Later, the benchmark will serve as a basis for policymaking on the future maintenance and improvement of human capital performance. This research aims to find out the stimulants that affect the human capital performance of private employees. The quantitative causality approach is used in this study to answer the formulation of research problems and research hypotheses. Next, the researcher tested the hypothesis using Structural Equation Modeling (SEM) based on a variant called Partial Least Square (PLS) and the SmartPLS version 3.0 application as a tool to analyze it. The results of this research conclude that six hypotheses that examine the direct effect of self-leadership, organizational justice, and work environment on work satisfaction obtain positive and significant results. Then self-leadership, teamwork management, and work satisfaction on human capital performance also obtained positive and significant results. In addition, the results of this research also confirm the positive and significant mediating effect of work satisfaction on the indirect impact of self-leadership, organizational justice, and work environment on human capital performance. For further research, the author recommends further researchers develop variables that are suspected to be the main predictors to encourage work satisfaction and human capital performance to provide complete recommendations regarding the development of human resource performance, especially for millennial workers. This study presents a research model related to human capital performance regarding self-leadership, teamwork management, and work satisfaction and the contribution of self-leadership, organizational justice, and work environment to work satisfaction.]]>
<![CDATA[Predictors Affecting Millennial Generation Work Satisfaction in Pematangsiantar City: a Quantitative Approach ]]>
<![CDATA[ Applied Quantitative Analysis Vol. 1 No. 2 (2021): December 2022 ]]>
Publisher : <![CDATA[Research Synergy Foundation ]]>
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DOI: 10.31098/quant.747
<![CDATA[In running the company's operations, skilled and expert human resources are needed to run it to achieve its goals effectively and efficiently. Supporting the role of skilled and expert human resources, optimal job satisfaction is needed for employees to encourage increased performance. The aim of this study is to determine the predictors that affect the job satisfaction of millennial workers in Pematangsiantar City. This research instrument used a questionnaire distributed to 120 respondents who worked in companies and banks. Next, the researcher tested the hypothesis using Structural Equation Modeling (SEM) based on a variant called Partial Least Square (PLS) and the SmartPLS version 3.0 application as a tool to analyze it. The results of this study concluded that five hypotheses were accepted, and 1 hypothesis was rejected. The rejected hypothesis is that organizational justice has no significant effect on work satisfaction. Furthermore, significant results were obtained for the effect of organizational climate, organizational commitment, reward, and work environment on work satisfaction. Then, for the effect of work satisfaction on employee performance, significant results were obtained. For further research, the author recommends researchers develop variables that are suspected to be the main predictors to encourage job satisfaction and employee performance to provide complete recommendations regarding the development of human resource performance, especially for millennial workers. The novelty of this research is in measuring the level of satisfaction of millennial workers, considering that in 2030-2040 the Indonesia will get a substantial demographic bonus. The proposed model includes elements of organizational climate, organizational commitment, reward, organizational justice, and work environment to determine how much influence it has on the level of satisfaction and its impact on performance.]]>
<![CDATA[Antecedents and Consequences of Employee Job Satisfaction in Indonesia ]]>
<![CDATA[ Applied Quantitative Analysis Vol. 1 No. 2 (2021): December 2022 ]]>
Publisher : <![CDATA[Research Synergy Foundation ]]>
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DOI: 10.31098/quant.748
<![CDATA[Factors that encourage job satisfaction include the application of transformational leadership from a leader in the company. The existence of cultural diversity also contributes to the level of employee job satisfaction. Then the implementation of organizational commitment is also essential to increase employee satisfaction at work. This study deals with the antecedents and consequences of employee work satisfaction, including transformational leadership, culture diversity, and organizational commitment as antecedents and organizational citizenship behavior (OCB) and employee performance as a consequence. The research instrument used a questionnaire distributed to 280 employees who worked in cigarette factories and tapioca flour factories in Pematangsiantar City. For data analysis, this research uses the Smart PLS application with the PLS-SEM approach oriented. This research concludes that transformational leadership and culture diversity has a significant impact on work satisfaction. On the other hand, the results of this research also conclude that organizational commitment does not significantly impact work satisfaction. Furthermore, this research also confirms that work satisfaction significantly affects organizational citizenship behavior (OCB) and employee performance. Then this study was only carried out in one city so that no specific data comparison could be obtained and only focused on the use of transformational leadership variables, culture diversity, work satisfaction, organizational citizenship behavior, and employee performance. The novelty presented from this research explains that although most employees have different cultural backgrounds if supported by a fair and wise application of transformational leadership, it will encourage job satisfaction.]]>
