The Quantitative Approach Involves Applications of _

question 120

Multiple Choice

The quantitative approach involves applications of _.

• A) optimization models, interviews, and questionnaires
• B) surveys, strategic planning, and group problem solving
• C) statistics, information models, and computer simulations
• D) psychology testing, focus groups, and mathematics

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Definitions:

Poverty Rate

The proportion of a population living below the poverty line, reflecting the percentage of people whose income falls below the threshold considered necessary to meet basic living needs.

Lowest Quintile

Refers to the bottom 20% of a population when divided by economic measures such as income or wealth.

Income

Income earned from work or investments, typically received regularly.

Poverty Line

A calculated income level used to determine the minimum resources necessary for individuals to meet their basic needs.