METHODS OF DATA ANALYSIS
STATISTICAL TOOLS AND TECHNIQUES OF DATA ANALYSIS
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
TRUE
|
|
FALSE
|
|
Either A or B
|
|
None of the above
|
Detailed explanation-1: -Two main statistical methods are used in data analysis: descriptive statistics, which summarizes data using indexes such as mean and median and another is inferential statistics, which draw conclusions from data using statistical tests such as student’s t-test.
Detailed explanation-2: -Application of Statistics It is applied in marketing, e-commerce, banking, finance, human resource, production, and information technology. In addition, this mathematical discipline has been a prominent part of research and is widely used in data mining, medicine, aerospace, robotics, psychology, and machine learning.
Detailed explanation-3: -Research Interpretations and Conclusions. Meta-Analysis of Literature Reviews. Clinical Trial Design. Designing Surveys. Epidemiological Studies. Statistical Modeling. 05-Jun-2018