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Measurable and Quantifiable

AAbdul8y ago
Sir, how to tell what is measurable and what is quantifiable? Regards
gromitgromitTutor8y ago#1
See page 126 of our notes. Also covered in the lectures for that chapter.
AAbdul8y ago#2
Sir, I did go over the notes+PP but still the difference is unclear. At best what I understood is that measurable = predicting without a number or percentage. Whereas, quantifiable = having the ability to predict with good accuracy the figure or percentage.
gromitgromitTutor8y ago#3
That is exactly it. Measurable = difficult to predict, but you can measure retrospectively. For example, it is difficult to predict the effect of Brexit on the UK economy, but in 5 years' time we will be able to measure it. Quantifiable, you can predict with good accuracy in advance.
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