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Descriptive statistics is the discipline of quantitatively describing the main features of a collection of information, or the quantitative description itself.escriptive status provides simple summaries about the sample and about the observations that have been made. Such summaries may be either quantitative, i.e. summary statistics, or visual, i.e. simple-to-understand graphs.
What is 'Quantitative Analysis' Quantitative analysis refers to economic, business or financial analysis that aims to understand or predict behavior or events through the use of mathematical measurements and calculations, statistical modeling and research.