key term - Quantitative Analysis

Definition

Quantitative analysis refers to the systematic examination of numerical data using mathematical and statistical methods. It involves measuring variables, analyzing relationships between them, and drawing conclusions based on numerical evidence.

Related terms

Descriptive Statistics: Statistical methods used to summarize and describe the main features of a dataset.

Regression Analysis: A statistical technique that examines the relationship between a dependent variable and one or more independent variables.

Data Visualization: The graphical representation of data using charts, graphs, or other visual tools to enhance understanding and interpretation.