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A process in which measurable and verifiable data like market share, wages and revenues is collected and evaluated to gauge the performance and behavior of a business, is termed as quantitative analysis. It is used widely for various purposes, including valuation, measurement or performance evaluation of a financial instrument and projection of real-world events like a variation in the nation’s GDP.
Quantitative analysis uses complex statistical and financial models to ascertain the impact of a decision on the business operations.