Write a 1 page essay on Quantitative Analysis for Business....Data Collection.With quantitative research, the data collection process works with a stated hypothesis that works with a stated theory. In

Write a 1 page essay on Quantitative Analysis for Business....Data Collection.

With quantitative research, the data collection process works with a stated hypothesis that works with a stated theory. In the case of BIMS, data collection is acquired from patients exposed to different medications and other measures. The various methods that fall under the quantitative include experiments, observation, using management systems to acquire information and conducting surveys (University of Pheonix, n.d.).

The major merits associated with these methodologies are that they produce relevant results, as detailed results are obtained from the experiments. The researchers work with real time experiences hence are able to record details that may be used as constrains. The main disadvantage of quantitative is that they are time consuming as massive data entry takes place in the continuity of the process. The method is also prone to error as many data entry of the information is done by individuals, who might key in incorrect information. Quantitative methods of collecting data are expensive, as the researchers might require incentives to lure potential information givers. Also, travelling from one location to another includes miscellaneous expenses (University of Pheonix,