©2015-2021 Lean Strategies International LLC.
Quantitative data is data that can be verified and quantified using numbers. Quantitative data is more defining than qualitative data which is often used as a description.
Examples of Quantitative Data:
Jack was driving his brand new corvette down the highway, as he looked up he noticed that red and blue lights were shining. A police officer approached his car and asked, "Do you know how fast you were going?" Jack responded, "I was going a little bit fast." The cop replied, "you were going 115 mph."
Subscribe below and receive lean, six sigma, operations, supply chain, logistics, distribution and business terms in your mailbox.
CLICK HERE TO SUBSCRIBE