Quantitative data
What Quantitative data means in Business GCSE, as defined for AQA, OCR, Pearson Edexcel.
Definitions of Quantitative data
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Reference: Pearson Edexcel
Numerical data that can be analysed statistically, such as finding the percentage of customers who prefer a specific product.
Data from large samples that is easy to compare.
Data that can be expressed as numbers and statistically analysed.
Information that can be measured and written down with numbers.
Topics that use Quantitative data
- Analysing the financial performance of a business (AQA GCSE)
- The purpose and methods of market research (AQA GCSE)
- Market research (OCR GCSE)
- Market research (Pearson Edexcel GCSE)
Related terms
- Qualitative data
- Business decision making
- Market research
- Market share
- Primary research
- Secondary research
- Asset and liability classification
- Assets
Using Quantitative data in the exam
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