What do quantitative data elements contain?

Quantitative data elements are primarily characterized by their use of numeric values that represent measurable quantities. This type of data is used to support statistical analysis and can lead to conclusions based on numerical calculations. Examples of quantitative data include sales figures, revenue amounts, temperature readings, and other data that can be expressed in numbers.

In contrast, descriptive facts about occurrences often fall within the realm of qualitative data, which focuses on descriptive characteristics rather than numbers. Qualitative characteristics involve attributes that cannot be quantified numerically, such as opinions, descriptions, and feelings, highlighting the differences between qualitative and quantitative data. Therefore, the emphasis on numeric values makes the second option the correct response, aligning with the definition and typical uses of quantitative data.