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The concept of data type is similar to the concept of level of measurement, but more specific. For example, count data requires a different distribution (e.g. a Poisson distribution or binomial distribution) than non-negative real-valued data require, but both fall under the same level of measurement (a ratio scale).
Quantitative research using statistical methods starts with the collection of data, based on the hypothesis or theory. Usually a big sample of data is collected – this would require verification, validation and recording before the analysis can take place. Software packages such as SPSS and R are typically used for this purpose. Causal ...
In statistics and econometrics, cross-sectional data is a type of data collected by observing many subjects (such as individuals, firms, countries, or regions) at a single point or period of time. Analysis of cross-sectional data usually consists of comparing the differences among selected subjects, typically with no regard to differences in time.
This is a list of statistical procedures which can be used for the analysis of categorical data, also known as data on the nominal scale and as categorical variables.
Graphical examination of count data may be aided by the use of data transformations chosen to have the property of stabilising the sample variance. In particular, the square root transformation might be used when data can be approximated by a Poisson distribution (although other transformation have modestly improved properties), while an inverse sine transformation is available when a binomial ...
From January 2008 to April 2008, if you bought shares in companies when John F. Smith, Jr. joined the board, and sold them when he left, you would have a -7.9 percent return on your investment, compared to a -5.4 percent return from the S&P 500.
Signs of cooling inflation paved the way for September’s first rate cut in four years, with economic data indicating a continued decline from a peak of 9.1% in June 2022 to rates that have ...
Data collection or data gathering is the process of gathering and measuring information on targeted variables in an established system, which then enables one to answer relevant questions and evaluate outcomes. The data may also be collected from sensors in the environment, including traffic cameras, satellites, recording devices, etc.