Quantitative Analysis Vocabulary

noun a rough estimate or calculation

adjective approximately correct

• The scientist used mathematical approximation to estimate the value of the constant.
• Can you give me a rough approximation of how much this will cost?
• I'm just gonna ballpark it and give you an approximation.
• Her painting was not an exact replica of the scene, but rather an approximation of it.

verb to raise a number to the third power

adjective describing a number raised to the third power

• The volume of a cube can be calculated by finding the length of one side and cubing it.
• I love how my new phone case is cubed, it gives it a unique look.
• I can't believe how cubed that guy's haircut is, it's so outdated.
• Her emotions were cubed up inside, making it hard for her to express how she truly felt.

verb the action of forming an opinion or estimate without sufficient information or knowledge

• Based on the evidence provided, I am guessing that the project will be completed by next month.
• I'm guessing we'll have to reschedule the meeting since no one has shown up yet.
• I'm guessing we'll be hitting the beach this weekend, right?
• She was guessing at the answer, hoping to get it right.

noun a quantitative analyst or researcher, especially in finance

adjective relating to quantity or amount

• The scientist conducted a quant study to analyze the effects of the new drug.
• I need to do a quant analysis on this data to make sense of it.
• Let's crunch some quants to see if we're on track with our budget.
• She always adds a quant of humor to her presentations to keep the audience engaged.