Quantitative data is primarily concerned with what type of information?

Quantitative data is primarily focused on statistical measurements, which involve numerical values that can be quantified and analyzed using statistical techniques. This type of data provides measurable information that can be used to identify patterns, trends, and relationships between variables. For instance, it can include counts, percentages, averages, and other mathematical calculations that lend themselves to objective analysis.

In business studies, this type of data is essential for making informed decisions based on measurable evidence, such as sales figures, market shares, or customer demographics. The reliance on statistical measurements allows businesses to create forecasts, evaluate performance, and understand market dynamics in a way that is concrete and data-driven.