QuantitativeDataInterpretation — refers to a precesses by which numerical data is analyzed
Univariate Analysis — Test a single variable to determine whether similar the sample population is to the population from which it has been drawn.
Bivariate — Test two variables on how they differ with each other.
Multivariate — Test three or more independent variables at a time on the degree of relationship with the dependent variable.
StatusAnalysis — stresses real fact relating to current conditions in a group of subjects chosen for study.
Cost-Effective Analysis — applicable in comparing the cost between two or more variables, and to determine which of the variables is most effective.
Variance — average of the squared differences from the mean.
Variance — measure of dispersion, meaning it is a measure of how far a set of numbers is spread out from their average value.
Standard Deviation — statistic measuring the dispersion of a dataset relative to its mean and is calculated as the square root of the variance.
DescriptiveAnalysis — The first level of analysis, this helps researchers find absolute numbers to summarize individual variables and find patterns.
InferentialAnalysis — These complex analyses show the relationships between multiple variables to generalize results and make predictions.
Data analysis
A process that involves examining and investigating collected data for interpretation to discover relevant information, drawing or proposing conclusions, and supporting decision making to solve a research problem
Nominal scale
A scale used to label variables that have no quantitative values
Ordinal scale
A scale used to label variables that have a natural order, but no quantifiable difference between values
Interval scale
A scale used to label variables that have a natural order and a quantifiable difference between values, but no "true zero" value
Ratio scale
A scale used to label variables that have a natural order, a quantifiable difference between values, and a "true zero" value
Statistics
The collection of numerical facts that are expressed in terms of summarizing statements and that have been collected from several observations or from other numerical data
Regression analysis
A set of statistical methods used for the estimation of relationships between a dependent variable and one or more independent variables. It can be utilized to assess the strength of the relationship between variables and for modeling the future relationship between them
Datainterpretation
The implementation of processes through which data is reviewed for the purpose of arriving at an informed conclusion
Statistical modeling
The process of describing the connections between variables in a dataset using mathematical equations and statistical approaches. In statistical modeling, we use a collection of statistical methods to investigate the connections between variables and uncover patterns in data