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Data mining is a particular data analysis technique that focuses on statistical modeling and knowledge discovery for predictive rather than purely descriptive purposes, while business intelligence covers data analysis that relies heavily on aggregation, focusing mainly on business information. [4]
The study of multiway data analysis was first formalized as the result of a conference held in 1988. The result of this conference was the first text specifically addressed to this field, Coppi and Bolasco's Multiway Data Analysis. [1] At that time, the application areas for multiway analysis included statistics, econometrics and psychometrics.
Overabundance of already collected data became an issue only in the "Big Data" era, and the reasons to use undersampling are mainly practical and related to resource costs. Specifically, while one needs a suitably large sample size to draw valid statistical conclusions, the data must be cleaned before it can be used. Cleansing typically ...
The sample size is an important feature of any empirical study in which the goal is to make inferences about a population from a sample. In practice, the sample size used in a study is usually determined based on the cost, time, or convenience of collecting the data, and the need for it to offer sufficient statistical power. In complex studies ...
Data collection and validation consist of four steps when it involves taking a census and seven steps when it involves sampling. [3] A formal data collection process is necessary, as it ensures that the data gathered are both defined and accurate. This way, subsequent decisions based on arguments embodied in the findings are made using valid ...
Tukey defined data analysis in 1961 as: "Procedures for analyzing data, techniques for interpreting the results of such procedures, ways of planning the gathering of data to make its analysis easier, more precise or more accurate, and all the machinery and results of (mathematical) statistics which apply to analyzing data."
Coding reliability [4] [2] approaches have the longest history and are often little different from qualitative content analysis. As the name suggests they prioritise the measurement of coding reliability through the use of structured and fixed code books, the use of multiple coders who work independently to apply the code book to the data, the measurement of inter-rater reliability or inter ...