Quantitative models can be very useful,especially in mature industries or where environmental changes are predictable or stable.

Question

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Quantitative models can be effective in industries where there is stability and predictability, allowing for the use of historical data and trends to make predictions and informed decisions. However, in industries where there is a lot of change and uncertainty, quantitative models may not be as useful as they rely heavily on past data and may not account for unexpected events or disruptions.

Quantitative Models Can Be Very Useful,especially in Mature Industries or Where