Quantitative Metrics
Quantitative metrics are numerical measurements used to assess performance, progress, or outcomes in various fields. They provide objective data that can be analyzed statistically, making it easier to compare results over time or between different entities. Common examples include sales figures, website traffic, and customer satisfaction scores.
These metrics are essential for decision-making, as they help organizations identify trends, set goals, and evaluate the effectiveness of strategies. By relying on quantitative metrics, businesses can make informed choices based on concrete evidence rather than subjective opinions, ultimately leading to improved efficiency and success.