ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -What is quantitative observation? Quantitative observation is a method of gathering and analyzing data. It uses numerical data and statistical calculations to measure research and draw conclusions. It usually involves variables with a numerical value.

Detailed explanation-2: -Quantitative observations are one type of observation typically associated with numbers and amounts. Quantitative observations can be measured and use numbers for descriptions. In order to make quantitative measurements, scientists must use certain tools, count amounts, or create a scale system.

Detailed explanation-3: -Quantitative observation implies an objective collection of data for analysis based on their numerical and statistical attributes. This observation involves the depiction of obtained variables in terms of their quantity. The primary focus is on numbers and values.

Detailed explanation-4: -Quantitative observation is an objective collection of data which is primarily focused on numbers and values – it suggests “associated to, of or depicted in terms of a quantity”. Results of quantitative observation are derived using statistical and numerical analysis methods.

Detailed explanation-5: -Quantitative data is information that can be counted or measured-or, in other words, quantified-and given a numerical value.