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What does Quantitative Analysis become a prelude for?

What does Quantitative Analysis become a prelude for?

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Answer #1

Q: What does Quantitative Analysis become a prelude for?

A: Quantitative Analysis is the systematic investigation of phenomena by gathering quantifiable data and performing statistical, mathematical, or computational techniques. Quantitative research collects information from existing and potential customers using sampling methods and sending out online surveys, online polls, questionnaires, etc., the results of which can be depicted in the form of numerical. With the help of quanitative analysis, one can determine and make major changes to products or services depending on quantitative research findings and trend analysis future predictions can be made. Thus, one can say that quantitative analysis becomes a prelude for risk assessment and change management.

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