what is the difference between qualitative and quantitative
business,economic forecasting
Demand estimation's purpose is to determine the approximate level of demand for the product whereas demand forecasting's purpose is to estimate the quantity of product or service that consumers will purchase.
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Quantitative forecasting tools are used to predict future figures and quantities such as sizes and lengths. Qualitative forecasting tools are used to predict what something in the future will be like in terms of things other than set figures. For instance, they could predict what type a future element will be; what color it will be; what the nature of it will be.
Quantitative is like how many of the object there are, and qualitative is its color or texture (physical stuff).
Qualitative refers to what a sample is, while quantitative refers to how much of that materal is present.
The difference is that qualitative is wade with 1 of your 5 senses and the other one which is quantitative is an observation involving numbers.
yeah like
quantitive means amount, qualitative means quality or the integrity
A qualitative observation has to do with things you can't count, "The fish has black scales" is a qualitative observation. A quantitative observation has to do with things you can count, "The fish has 125 scales" is a quantitative observation. You can combine these two, an example would be "The fish has 125 black scales."
distinguish between qualitative and quantitative model
Qualitative usually refers to the quality of the work, how good, or bad, the work is. Quantitative refers to the amount, or quantity, of the work.
Qualitative test represents the substance and a quantitative test shows the amount.First Deals with descriptions, second one with numbers
Qualitative properties describes the physical aspects of an object such as the colour. Quantitative properties describe the numerical aspects of an object. Quantitative descriptions will always have a number in in it.
Quantitative means it can be measured. Qualitative is something that is subjective meaning there is no way to really measure it. Example: Quantitative: 2=2=4 This is always true. Qualitative: Puppies are cute. (this is only an opinion. No facts)