So, quantitative data is usually numerical, like a statistic. For example, we know this is our best seller, sixty percent of our sales are of these. Quantitative, like quantity.

Quantitative analysis uses historical data from a company’s financials to attempt to predict future patterns or trends. Since a company’s stock is traded on an exchange, investors and analysts ...

The application of quantitative and qualitative skills varies depending on the industry. Tasker gave some examples of how different industries use these skills: Artificial Intelligence/Data Science.

While quantitative data tells you what's happening, it often misses the "why." It’s great for breadth, but sometimes lacks the depth needed to fully understand the complexities behind those numbers.