It can hep to predict the sales of the corporations. It can help to get a feedback to consumers.
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The quantitative approach
Because quantitative observations focus on Money or quantity rather than the opposite. Hope that makes sense.
They're useful for quantitaive data because they are used to list number faster, not give a categorical response
It is quantitative.
Qualitative approaches aim to address the 'how' and 'why' of a program and tend to use unstructured methods of data collection to fully explore the topic. Quantitative approaches address the 'what' of the program. They use a systematic standardised approach and employ methods such as surveys.