Is predictions qualitative or quantitative

Answer 1

Predictions can be both qualitative and quantitative, depending on the context and the type of data used. Qualitative predictions focus on subjective assessments, such as trends or themes, while quantitative predictions involve measurable data and statistical analysis. For example, forecasting sales figures would be quantitative, while predicting customer satisfaction levels based on survey responses could be qualitative. Ultimately, the nature of the prediction determines whether it is categorized as qualitative or quantitative.