Why is the importance of quantitative analysis?

So quantitative analysis is very important. It doesn’t always get the right answer, but it’s got a much better track record than qualitative analysis; and it makes clear how often no one knows the right answer. read more

Kacper Konstanczak, studied Marketing and Management & Quantitative Analysis at UMK (2008) Answered Aug 5, 2017 To supplement the previous answers, quantitative approach also helps to find the common denominator for multiple different domains. read more

Quantitative Data Analysis is widely used in many fields, including economics, sociology, psychology, market research, health development, and many different branches of science. Quantitative data is generally more reliable than qualitative data, and good analysis relies on good data. read more