What type of assessment uses quantitative data for analyzing hazards?

The correct answer is focused on quantitative assessment, which employs numerical data to analyze hazards. This approach involves measuring factors such as exposure levels, frequency of incidents, or potential impacts using statistics and mathematical calculations. Quantitative assessments allow for objective evaluation of risks, making it easier to compare different hazards, prioritize them, and support decision-making processes with empirical evidence.

By utilizing quantitative data, this method can facilitate robust modeling, provide a clearer understanding of risk probabilities, and enable precise resource allocation for mitigation strategies. This contrasts with qualitative assessments, which rely more on subjective interpretations and descriptions, and therefore do not afford the same level of precision in hazard analysis.