Q: What is a quantitative model?

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Quantitative research are methodologies and reporting of numerical values, statistics and relationships to describe and model phenomena. Quantitative and qualitative procedures serve as the aid and foundation to understanding and executing the scientific method.

The official definition for a quantitative model is " Collection of mathematical and statistical methods used in the solution of managerial and decision-making problems, also called operations research (OR) and management science."

Nothing, quantitative and quantitative are the same thing....

Model Base

quantitative.

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distinguish between qualitative and quantitative model

Quantitative management is the use of math to solve problems. It is important to collect information about a problem and solutions to create a useful mathematical model.

Quantitative research are methodologies and reporting of numerical values, statistics and relationships to describe and model phenomena. Quantitative and qualitative procedures serve as the aid and foundation to understanding and executing the scientific method.

The official definition for a quantitative model is " Collection of mathematical and statistical methods used in the solution of managerial and decision-making problems, also called operations research (OR) and management science."

Nothing, quantitative and quantitative are the same thing....

Yes. Because break even analysis determines the sales level needed to break even in units or dollars (both are numbers) so it is quantitative.

Model Base

It is quantitative.

qualitative

quantitative

quantitative

Quantitative