Quantitative analysis - Definition and Overview

Quantitative analysis has different meanings in different contexts. In most contexts it is contrasted with an alternative approach that is known as qualitative analysis.

• In social science, quantitative analysis refers to the use of numerical and statistical techniques rather than the analysis of verbal material.
• In finance, a quantitative analyst, is someone who applies mathematics, among others stochastic calculus, to finance.
• In analytical chemistry, quantitative analysis involves the measurements of quantities of substances produced in reactions rather than simply noting the nature of the reactions.