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Data analysis is a process of gathering, modeling, and transforming data with the goal of highlighting useful information, suggesting conclusions, and supporting decision making. Data analysis has multiple facets and approaches, encompassing diverse techniques under a variety of names, in different business, science, and social science domains.

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Q: How would you describe data analysis?
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What do you put in an analysis in a scientific write up?

It depends on the nature of the scientific write up but basically in the analysis section you would describe how you went from the data to your conclusions.


Difference between quantitative and quantitative data?

If you mean qualitative and quantitative data, then data would be dealing with numbers to describe a statistical analysis whereas qualitative represents things that cannot be expressed as numbers such as color.


What is the term used to describe calculations that can show how accurate an experimental value is?

They would be the error analysis.


What does imputation mean in statistics analysis?

Imputation is used when specific data is not available. If data is not received, imputation is used to make an estimate of what the received data would have been.


How does technical analysis differ from the fundamental analysis?

Technical vs. fundamental analysisThe primary difference can be summed up in terms of both the underlying philosophy, and the data studied. Fundemental analysis is concerned chiefly with discovering asset values. The data relied upon includes off exchange sources such as balance sheets, income statements and supply and demand statistics.Technical analysis on the other hand, is concerned chiefly with the timing of buy and sell decisions. The data studied is generated exclusively by the exchanges.Where does investor sentiment fall within these two definitions? If the sentiment data is derived from options data, then it would fit the definition of technical analysis. If on the other hand the data was generated by opinion polls, then it would not fit the definition of technical analysis. Nor would it be considered fundamental analysis either. It would more properly and simply be defined as "sentiment analysis."While there is some debate over whether off-exchange data (e.g. astrological data, dividends, opinion polls, etc.) properly belong under the definition of technical analysis, none of the main organizing bodies for technical analysis have ever rendered an official, public opinion on this question.According to noted technical analyst Daniel Chesler, CMT --"Technical analysis is the forecasting of markets through the study and analysis of data generated exclusively from the buying and selling of financial instruments. It is part science and part formalization of trader intuition and experience. Any market for which there is a regular, transparent transaction history is a candidate for technical analysis. Planetary cycles, opinion polls, fundamental, monetary and economic data as well as any data not specifically generated from the buying and selling process, are not a part of orthodox technical analysis."

Related questions

What do you put in an analysis in a scientific write up?

It depends on the nature of the scientific write up but basically in the analysis section you would describe how you went from the data to your conclusions.


What are descriptive statistics used to describe?

They describe the basic features of data. They provide summaries about the sample and the measures, and together with simple graphic analysis, they form the basis of virtually every analysis of data.


Difference between quantitative and quantitative data?

If you mean qualitative and quantitative data, then data would be dealing with numbers to describe a statistical analysis whereas qualitative represents things that cannot be expressed as numbers such as color.


Do data analysis help people in understanding the result of a survey conducted?

Data analysis must be used to understand the results of a survey. Otherwise, the data collected by the survey would remain a jumbled collection of data.


Which data gathering activity would be useful for biomechanical analysis?

m,


What would be a good title for this table?

"Comparative Analysis of Sales Data by Region"


What is one word to describe a character analysis?

An adjective that can describe a character analysis is summary.


Who uses statistical data analysis?

There are many people who use statistical data analysis. Scientists, websites, and companies are all use of statistical data analysis. This analysis is beneficial to the people that study it.


What is quantitative data analysis?

Any type of analysis that deals with numeric data (numbers) is quantitative analysis. Qualitative analysis, on the other hand, does not have numeric data ( for example, classify people according to religion).


How do you start a data analysis?

collect data


What is data output?

Data output is the method by which data can be studied or manipulated as needed by a researcher. Any statistical analysis has this processed data that is ready for analysis.


When was Advances in Adaptive Data Analysis created?

Advances in Adaptive Data Analysis was created in 2009.