Question: Please answer the questions below. I attached a image. Please help. 1-1 What is the difference between quantitative and qualitative analysis? Give several examples. 1-2

Please answer the questions below. I attached a image. Please help.

1-1 What is the difference between quantitative and qualitative analysis? Give several examples. 1-2 Define quantitative analysis. What are some of the organizations that support the use of the scientific approach? 1-3 What are the three categories of business analytics? 1-4 What is the quantitative analysis process? Give sev- eral examples of this process. 1-5 Briefly trace the history of quantitative analysis. What happened to the development of quantitative analysis during World War II? 1-6 Give some examples of various types of models. What is a mathematical model? Develop two exam- ples of mathematical models. 1-7 List some sources of input data

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=+ d. How would the change you describe in part (c) affect the trade balance in rich nations?