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Which of the following are true for quantitative analysis? Each correct answer represents a complete solution. Choose three.
Correct Answer: B,C,D
Section: Volume B Explanation: As quantitative analysis is data driven, it: * Allows data classification and counting. * Allows statistical models to be constructed, which help in explaining what is being observed. * Generalizes findings for a larger population and direct comparisons between two different sets of data or observations. * Produces statistically reliable results. * Allows discovery of phenomena which are likely to be genuine and merely occurs by chance. Incorrect Answers: A: Risk factors are expressed in terms of high/medium/low in qualitative analysis, and not in quantitative analysis.