Quantitative Research
Quantitative Research
For example, suppose your qualitative analysis shows that your customers are
looking for social media-based customer support. In that case, quantitative
analysis will help you see how many of your customers are looking for this
support. If 10% of your customers are looking for such a service, you might or
might not consider offering this feature. But, if 40% of your regular customers
are seeking support via social media, then it is something you just cannot
overlook.
1. Measurable Variables
Ensuring that all the variables are measurable calls for in-depth and less
erroneous data that can offer reliable, actionable insights.
2. Sample Size
No matter what data analysis methods for quantitative research are being
used, the sample size is kept such that it represents the target market. As the
main aim of the research methodology is to get numerical insights, the
sample size is fairly large. Depending on the survey objective and scope, it
might span hundreds of thousands of people.
So, you can discover hidden data trends, relationships, and differences among
various measurable variables. This helps the researchers understand the
survey data and formulate actionable insights for business decision-making.
5. Can Produce Predictive Outcomes
Quantitative analysis of data can also be used for estimations and predictions
of outcomes. You can construct if-then scenarios and analyze the data for
identification of any upcoming trends or events.
There can be many ways to collect data via quantitative research methods
that are chosen as per the research objective and scope. These methods
allow you to build your own observations regarding any hypotheses –
unknown, entirely new, or unexplained.
1. Survey Research
Surveys are the easiest, most common, and one of the most sought-after
quantitative research techniques. The main aim of a survey is to widely gather
and describe the characteristics of a target population .
Surveys are the foremost quantitative method preferred by both small and
large organizations.They help them understand their customers, products, and
other brand offerings in a proper manner.
2. Descriptive Research
So, via descriptive research, you can explain and interpret many things, such
as:
Here, the data is assorted systematically, and researchers have to choose the
units of measurement of every variable in a careful manner.
3. Correlational Research
This research method is used when you have to establish a relation between
two close business entities and figure out how one of them impacts the other.
You need at least two separate samples or population groups for correlational
research.
This type of research helps you discover trends and patterns in data, but it
does not observe the different patterns. As no variables are manipulated
during the process, this methodology is often considered a type of descriptive
research.
4. Experimental Research
You can use multiple theories for conducting this research, and its different
components are:
5. Questionnaires
You can use quantitative research questionnaires to collect data for market
research as well as for anthropological and social research.
A questionnaire has a list of questions or items that you can use to gather
research data from respondents. This data can be about their experiences,
attitudes, or opinions.
• Open-ended questions
• MCQs
• Ranking questions
• Yes/No questions
6. Interviews
• How would you choose a suitable subject for your next semester?
• What do you mean when you say that Math is hard?
1. Probability Sampling
This sampling method uses the theory of probability to create samples, which
means choosing the respondents or samples from the target population.
Random selection methods are utilized to choose the participants of a sample
or group. This ensures that every member of the target population has an
equal opportunity to be chosen for the sample group.
2. Non-Probability Sampling
In this sampling method, the researchers create the samples as per their
knowledge and experience. As the samples are not randomly chosen, not
everyone in the target population has an equal probability of getting to be a
part of a sample.
Once the samples are formed, and data is collected via different types of data
collection methods in quantitative research, the researchers move on to the
next phase of analyzing this data.
Let us find out how this is exactly done and what processes are involved in
this step.
Before the researchers begin the process of data analysis, they perform data
cleaning to remove the errors, duplicate records, whitespaces, etc. Once this
is done, the data is ready for analysis whereby the researchers use
quantitative research tools to interpret and make sense of the collected data.
This process finally brings the results that you wanted – the data-driven
actionable insights that help you in decision-making and strategizing.
There are various data analysis methods for quantitative research that we will
discuss next.
1. Diagnostic Analysis
This analysis looks for answers to the “Whys,” like “Why did this not happen?”
or “Why are people doing this?”
This method is generally used after the Statistical analysis to dig into similar
patterns that were present in previous researches. Afterwards, the
researchers can use the previous solutions to overcome the present or current
challenges.
2. Predictive Analysis
This analysis focuses on the “What” aspects of the research, such as “What
are your customers hating or loving about your product?“
Here also, the researchers use patterns from older research as well as current
findings, to predict future events.
While 100% accurate forecasting is not feasible, if the researchers have plenty
of detailed information and skills to complete the data analysis thoroughly,
they can improve the accuracy as much as they want.
3. Prescriptive Analysis
This analysis combines the elements from all the other analysis methods.
This technique is perfect for research cases where one type of analysis
method is not producing wholesome results.
• Possible scenarios
• Past performances
• Available resources
• Current performance
4. Statistical Analysis
This is one of the most unique data analysis methods in quantitative research
and is becoming increasingly popular with the emergence of ML and AI-based
data analytics technologies. It is also called data mining and uses data mining
tools as well as databases to uncover hidden patterns in large data sets.
It helps businesses make sense of raw data in the form of chats, messages,
feedback, reviews, etc, and gather important business insights from them.
This is also considered the most direct method of research data analysis.
As the studies can be replicated for different cultural settings and different
times, even with different groups of participants, they tend to be extremely
useful. The researchers can compare the results of different studies in a
statistical manner and arrive at comprehensive conclusions for a broader
understanding.
2. Replication
3. Large Samples
As the research data comes from large samples, the researchers can process
and analyze the data via highly reliable and consistent analysis procedures.
They can arrive at well-defined conclusions that can be used to make the
primary research more thorough and reliable.
4. Hypothesis Testing
Hence, the results might be statistically significant and reliable, but they don’t
serve well when it comes to the “human” sentiment. This is why primary
research tends to use both qualitative and quantitative methodologies.
1. Superficial Approach
Having highly restrictive and precise operational definitions might not be able
to represent complex concepts in an adequate manner.
2. Narrow Focus
As the researchers have many preset notions about the data sets, data
collections, sample, and even sample formulation, they might never approach
the research with an open mind.
3. Structural Bias
Quantitative methods are also subject to the structural bias of different types,
such as missing data, inaccurate sampling techniques, and imprecise
measurements.
When the researcher has to use their skills and experience to form samples, it
is highly probable for them to arrive at wrong conclusions because of
sampling biases.
4. Lack of Context
This can also lead to errors in data collections, and hence, the results.