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Data analysis is a process for obtaining raw data, and subsequently converting it into information useful for decision-making by users. [1] Data is collected and analyzed to answer questions, test hypotheses, or disprove theories. [11] Statistician John Tukey, defined data analysis in 1961, as:
Exploratory data analysis is an analysis technique to analyze and investigate the data set and summarize the main characteristics of the dataset. Main advantage of EDA is providing the data visualization of data after conducting the analysis.
It is imperative in inferring information from data and adhering to a conclusion or decision from that data. Data analysis can stem from past or future data. Data analysis is an analytical skill, commonly adopted in business , as it allows organisations to become more efficient, internally and externally, solve complex problems and innovate .
Data analysis focuses on the process of examining past data through business understanding, data understanding, data preparation, modeling and evaluation, and deployment. [8] It is a subset of data analytics, which takes multiple data analysis processes to focus on why an event happened and what may happen in the future based on the previous data.
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Applied in varying degrees of detail, open coding can be linked to a line, sentence, paragraph or complete text (e.g., protocol, scenario). Alternatives are selected according to the research question, relevant data, personal style of the analyst and the stage of research.
We were surprised and shocked when we looked through the data and came up with 30." It's telling that the factors focus on personal qualities like class, marital status and sexual orientation ...
From January 2008 to December 2012, if you bought shares in companies when Christine T. Whitman joined the board, and sold them when she left, you would have a 7.0 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
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