Question

Oleg, the CEO of a large global production company, is excited about the introduction of statistics and computer simulations in the design stage of the company's products. Oleg is using ______

Answer 1

Answer:

2) quantitative techniques

Explanation:

Quantitative techniques (or quantitative methods) focus on objective data (number) and they analyze those numbers to obtain conclusions relative to the research study being carried out. Quantitative techniques include polls, surveys, online questionnaires, etc., since they can all be measured in numbers. Later those numbers are processed into relevant statistics.