METHODS OF DATA ANALYSIS
STATISTICAL TOOLS AND TECHNIQUES OF DATA ANALYSIS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The interesting variation in real data can be lost by focusing too much attention on simplistic summaries such as average values.
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TRUE
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FALSE
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -Descriptive statistics are statistical procedures used to summarize, organize, and simplify data.
Detailed explanation-2: -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-3: -Descriptive Statistics. In this type of statistics, the data is summarised through the given observations. Inferential Statistics. This type of statistics is used to interpret the meaning of Descriptive statistics. Statistics Example.
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