Once the raw data is collected, the next step in primary quantitative research is data analysis. This crucial process helps draw inferences from the research. It’s essential to connect the results with the objectives and determine their statistical significance. Source To analyze the quantitative da...
Quantitative methods involves collecting and analysis of the numerical data helping to find patterns, correlation & trends within that data.
Quantitative researchcan allow you to study a wider audience, get rich insights, and make data-backed decisions in a manner of minutes. So if you are still wondering “what is quantitative data” and wish to explore its various attributes, collection methods, advantages, or types, this blog i...
Gifty Chocolates is a chocolate manufacturer that has the intention to enter the category of chocolate mixed with fruits. One of the Product Managers decided to conduct a quantitative research to know which fruit flavors were preferred by middle-class women, who were the target group of the firm...
What is quantitative longitudinal data analysis?doi:10.1080/13803611.2018.1515749Shao, XinTaylor and Francis GroupEducational Research & Evaluation
Quantitative — numerical — data in action Quantitative data is used when a researcher needs to quantify a problem, and answers questions like “what,”“how many,” and “how often.” This type of data is frequently used in math calculations, algorithms, or statistical analysis. ...
Qualitative vs. Quantitative Data in Thematic Analysis Thematic analysis works specifically on qualitative data which is descriptive and conceptual. You usually collect this type of data through open-ended surveys, interviews, focus groups, social media conversations,customer support conversations (conversatio...
Banking:Financial services use machine learning and quantitative tools to make predictions about their prospects and customers. With this information, banks can answer questions like who is likely to default on a loan, which customers pose high or low risks, which customers are the most lucrative ...
Quantitative analysis can be a powerful tool, especially in modern markets where data is abundant and computational tools are advanced, enabling a more precise examination of the financial landscape. However, many also believe that the raw numbers produced by quantitative analysis should be combined wi...
Jim Simons is a renowned mathematician and investor. Known as the "Quant King," he incorporated the use ofquantitative analysisinto his investment strategy. Simons is the founder of Renaissance Technologies and its Medallion Fund. Jim Simons has taught mathematics at MIT, Harvard University, and St...