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Quantitative data refers to numerical information that can be quantified and is ideal for statistical analysis, providing measurable evidence. In business analysis, quantitative data might include sales figures, revenue, cost metrics, and customer counts. This type of data allows analysts to apply mathematical models to draw insights and forecasts, making it crucial for evidence-based decision-making. In contrast, qualitative data focuses more on opinions and attitudes, which are less suited to statistical models. Option A is incorrect as it describes qualitative data, which captures subjective opinions. Option C is incorrect as consumer emotions and satisfaction are aspects of qualitative data. Option D is incorrect because non-numerical data typically align with qualitative, not quantitative data. Option E is incorrect as qualitative data is often gathered through text forms like surveys, but quantitative data is measured in numbers.
Which of the following is a non-scheduled bank?
Which of the following statements accurately describes the relationship between price and quantity demanded/supplied, considering potential exceptions?
Which of the following types of risks are not covered in BASEL II/III
Under the revised framework for Commercial Papers (CPs), what is the requirement for settlement of primary issuance of CPs in terms of time?
What is the name of the index that measures the performance of small-cap companies in the Indian stock market?
The maximum number of directorships that a person can have in a public company are ____ and in Private company are ___.
As per the Companies Act the conditions under which a person is ineligible for appointment as a director of a company ____________
Which of the following is not a major gold trading center?
What does R stand for in CRILC?
Accounting Standards do not permit following method of inventory valuation: