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Sir, how to tell what is measurable and what is quantifiable?
See page 126 of our notes. Also covered in the lectures for that chapter.
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.
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.