ENTREPRENEURSHIP

Detailed explanation-1: -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.

Detailed explanation-2: -Data may be grouped into four main types based on methods for collection: observational, experimental, simulation, and derived. The type of research data you collect may affect the way you manage that data.

Detailed explanation-3: -Quantitative data is numbers-based, countable, or measurable. Qualitative data is interpretation-based, descriptive, and relating to language. Quantitative data tells us how many, how much, or how often in calculations. Qualitative data can help us to understand why, how, or what happened behind certain behaviors.

Detailed explanation-4: -Qualitative research gathers participants’ experiences, perceptions, and behavior. It answers the hows and whys instead of how many or how much.