BUSINESS ADMINISTRATION
BUSINESS ANALYTICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Conduct in-depth research
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Minimum bias
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Accurate results
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Restricted information
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Detailed explanation-1: -A major benefit of using quantitative data is its objectivity. It relies on concrete numbers and fewer variables. This can help to remove biases from the research and make the findings more accurate. Another benefit is that it is often easier to obtain large sample sizes.
Detailed explanation-2: -The benefits of quantitative research You get objectivity and accuracy: There are far fewer variables involved with quantitative research. The data you’re collecting is often ‘close-ended’, which means people are choosing clear-cut multiple choice answers, such as yes/no, or Instagram/Facebook/TikTok.
Detailed explanation-3: -False focus on numbers. Quantitative research can be limited in its pursuit of concrete, statistical relationships, which can lead to researchers overlooking broader themes and relationships. By focusing solely on numbers, you run the risk of missing surprising or big-picture information that can benefit your business.