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The variables available in the data collected for this task are: the tip amount, total bill, payer gender, smoking/non-smoking section, time of day, day of the week, and size of the party. The primary analysis task is approached by fitting a regression model where the tip rate is the response variable. The fitted model is
For a discussion of how the underlying conceptualization of exploratory research, descriptive research and explanatory research fit together, see: Conceptual framework.) Descriptive research can be statistical research. The main objective of this type of research is to describe the data and characteristics of what is being studied.
Exploratory research is "the preliminary research to clarify the exact nature of the problem to be solved." It is used to ensure additional research is taken into consideration during an experiment as well as determining research priorities, collecting data and honing in on certain subjects which may be difficult to take note of without exploratory research.
The design of a study defines the study type (descriptive, correlational, semi-experimental, experimental, review, meta-analytic) and sub-type (e.g., descriptive-longitudinal case study), research problem, hypotheses, independent and dependent variables, experimental design, and, if applicable, data collection methods and a statistical analysis ...
When a sample consists of more than one variable, descriptive statistics may be used to describe the relationship between pairs of variables. In this case, descriptive statistics include: Cross-tabulations and contingency tables; Graphical representation via scatterplots; Quantitative measures of dependence; Descriptions of conditional ...
In multivariate statistics, exploratory factor analysis (EFA) is a statistical method used to uncover the underlying structure of a relatively large set of variables. EFA is a technique within factor analysis whose overarching goal is to identify the underlying relationships between measured variables. [ 1 ]
It can be exploratory, descriptive, or explanatory; however, explanatory research is the most common. [ citation needed ] Basic research generates new ideas, principles, and theories, which may not be immediately utilized but nonetheless form the basis of progress and development in different fields.
The core of predictive analytics relies on capturing relationships between explanatory variables and the predicted variables from past occurrences, and exploiting them to predict the unknown outcome. It is important to note, however, that the accuracy and usability of results will depend greatly on the level of data analysis and the quality of ...