The practice of producing information based on quantitative empirical data is known as:

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The practice of producing information based on quantitative empirical data is accurately described by the term "Statistics." Statistics involves the application of mathematical theories to analyze, interpret, and present data. It allows for the description of phenomena, the testing of hypotheses, and making predictions based on available data. While "Empirics" refers to the use of experience or observation rather than theory, it does not specifically convey the structured analysis aspect associated with statistics. "Samples" signify subsets of a population used in statistical analysis but do not encompass the entire practice of producing information. "Data collection" is the process of gathering data but does not relate specifically to the analytical techniques that convert raw data into meaningful insights. Therefore, statistics is the most accurate choice, representing the entire process of data analysis and interpretation.

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