MANAGEMENT

Detailed explanation-1: -The definition of quantitative research Quantitative research methods are designed to collect numerical data that can be used to measure variables. Quantitative data is structured and statistical; its results are objective and conclusive.

Detailed explanation-2: -Quantitative research deals with numbers and statistics, while qualitative research deals with words and meanings.

Detailed explanation-3: -Statistics allows us to draw conclusions from a set of data and is often called the “Science of Data.” It can also help people in every industry answer their research or business questions, and can help predict outcomes, such as what show you might want to watch next on your favorite video app.

Detailed explanation-4: -Two main statistical methods are used in data analysis: descriptive statistics, which summarizes data using indexes such as mean and median and another is inferential statistics, which draw conclusions from data using statistical tests such as student’s t-test.