Which of the following methods is associated with quantitative analysis?

Study for the National Alliance Risk Management Exam. Dive into flashcards and multiple-choice questions, each complete with hints and explanations. Prepare thoroughly for your exam!

Loss projections or forecasts are closely associated with quantitative analysis because they involve the use of numerical data and statistical techniques to predict future losses based on historical trends. This method leverages quantitative models that process data to estimate potential future outcomes, making it a fundamental aspect of risk management.

In contrast, workshops, surveys, and collaboration with external groups are more qualitative in nature. Workshops often focus on discussions and brainstorming, surveys may gather opinions or perceptions rather than quantitative data, and collaboration with external groups typically involves qualitative exchanges of expertise and ideas. These methods do not primarily rely on numerical measurements or statistical calculations, which is why they do not fit into the realm of quantitative analysis as effectively as loss projections or forecasts do.

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