eapp mod 7

• Data collection is a crucial aspects in any level of research work
• Data collection is a systematic process of gathering observations or measurements
• Survey

  • another method of gathering information for research purposes. Information is gathered through questionnaire
• Interview

  • a qualitative method of data collection whose results are based on intensive engagement with respondents about a particular study. Usually used to collect in-depth response from the professionals being interviewed.
• Observation

  • monitoring participants in a specific environment at a given time
• Experiment

  • the casual relationship between two variables is being examined
• Analyzing means carefully examining information in order to understand, interpret and explain it
• Descriptive analysis

  • what happened

  Diagnostic analysis

  • why did it happen

  Predictive analysis

  • what is likely to happen

  Prescriptive analysis

  • final
• Descriptive Analysis

  • foundation of all data insight
  • most simplest and common use
• Diagnostic analysis

  • takes the insights found from descriptive analysis and drills down to find the causes of those outcomes
• Predictive analysis

  • utilizes previous data to make predictions about future outcomes
• Prescriptive Analysis

  • the frontier of data analysis ,combining the insight from all previous analyses to determine the course of actionto take in a current problem or decision
• Information is an assemblage of data in a comprehensible form capable communication.
• Conceptual Information

  • Information which is based on ideas, concepts, theories, hypothesis and might be used in future or not
• Empirical information

  • The word empirical information denotes information acquired by means of observation or experimentation
• Procedural Information

  • The methodology which enables the investigator to operate more effectively. The data of the investigations are obtained, manipulated , and tested.
• Stimulatory Information

  • Information which creates stimulation among people are called to be the stimulatory information.
• Policy Information

  • Focuses on the decision making process
• Descriptive Information

  • Information which deals with providing direction is called directive information
• Text analysis also refers as data mining is a method used to discover the pattern among voluminous data sets using data mining tools. This is known for transforming raw data into business information.
• Statistical analysis - By using past data collection, statistical analysis is being performed
• Diagnostic Analysis is a form of advance data analytics used to determine why the particular event has happened
• Predictive analysis - to identify likelihood futuristics outcomes based on past data it is performed using machine learing techniques
• Prescriptive analysis helps business to define the course of action using machine learning.