Research Paper on:
Three Research Methods

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or mixed method. Quantitative research relies on a large amount of results, with the data being recorded often being predominately numerical, it  is suitable to be used as a method of determining cause and effect relationships (Cresswell, 2008). The methodologies will often be based on scientific procedures of investigation. Quantitative research includes  descriptive, correlational, quasi-experimental and experimental (Cresswell, 2008). It is an approach that gives a very broad view of an issue, although the approaches one can lack the ability to explore  the issue in depth (Denzin, 1978). To assess the potential link between hedging and profitability quantitative research will require the input of  a large data. The first methodology may be the utilization of financial data, taking data from a wide variety of airline companies across different parts of the world, where data  is publicly available to annual accounts. The airlines will then be divided into two groups, those who undertook hedging and those who did not undertake hedging. The results will be  considered on a year by year basis, therefore an airline that undertook hedging in one year but not another will be in the hedging category for the years in which  undertook hedging. The results may be correlated to see if there is a snippet difference between the profit levels of the companys that undertook hedging compared to the companies that  did not undertake hedging. In this will have to take place on a year by year basis, as profitability within airlines can fluctuate greatly, this may skew the results in  over generalize if undertaken as a whole. The differential between the hedging and non-hedging companies can then be compared and analyzed using statistical test, such as a Chi squared test