What is Quantitative analysis?
Quantitative analysis is a systematic approach to interpreting data using mathematical and statistical methods. It involves transforming complex data into numerical values, which can then be analyzed to identify patterns and trends. This process enables researchers to make objective observations and conclusions based on empirical evidence rather than subjective opinions or assumptions.
In the field of finance, quantitative analysis is used to assess investment opportunities by analyzing financial statements, economic indicators, and market trends. In healthcare, it can be used to evaluate treatment outcomes by quantifying patient data such as blood pressure readings or cholesterol levels. The applications of quantitative analysis are numerous across various fields that deal with large amounts of data.