Quantitative analysis
What Quantitative analysis means in Business GCSE, as defined for Pearson Edexcel.
Definition of Quantitative analysis
Check what you remember
Read the wording for your board, then hide it and explain Quantitative analysis in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
The use and interpretation of numerical business information that can be measured and analysed statistically.
Topics that use Quantitative analysis
- Understanding business performance (Pearson Edexcel GCSE)
Related terms
- Business performance
- Data interpretation
- Decision making
- Financial limitations
- Quantitative vs qualitative data
- Numerical trends
Using Quantitative analysis in the exam
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