what is the scope of quantitative methods?
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Role and Scope of Quantitative methods for Scientific decision-making in business management. Thescope of statistics was primarily limited in the sense that the ruling kings used to collect data so as to frame suitable military and fiscal policies only. ... It is a tool of all sciences.
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Quantitative methods emphasize objective measurements and the statistical, mathematical, or numerical analysis of data collected through polls, questionnaires, and surveys, or by manipulating pre-existing statistical data using computational techniques. Quantitative research focuses on gathering numerical data and generalizing it across groups of people or to explain a particular phenomenon
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