Quantitative techniques are methods used to analyze numerical data and make informed decisions based on statistical analysis. These techniques often involve mathematical models, statistical tests, and algorithms to interpret data trends and patterns. They are widely applied in fields such as business, economics, and healthcare to optimize processes and improve outcomes. Common quantitative techniques include regression analysis, hypothesis testing, and forecasting. By utilizing these methods, organizations can assess risks, predict future trends, and evaluate the effectiveness of strategies. Overall, quantitative techniques provide a structured approach to problem-solving and decision-making based on empirical evidence.