Image for Quantitative Analysis Techniques

Quantitative Analysis Techniques

Quantitative analysis techniques involve using numerical data to understand and make decisions about trends, patterns, and relationships. Common methods include statistical analysis, which assesses data to reveal insights; forecasting, which predicts future trends based on historical data; and regression analysis, which examines relationships between variables. These techniques help businesses, researchers, and policymakers make informed choices by providing objective, data-driven insights. Ultimately, quantitative analysis allows for better understanding and evaluation of complex issues through measurable evidence.