What Is Data Analysis
What Is Data Analysis
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What is Data Analysis ?
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Business intelligence covers the data analysis that run heavily on aggregation,
disaggregation, slicing and dicing, focusing on the business information. Predictive
analytics is the application of statistical or structural models for predictive forecasting. Text
analytics is the application of statistical, linguistic, and structural models to extract and
classify information from texts. All these are varieties of data analysis.
Data Analysis
2.Quality Analysis:
Using frequency counts, descriptive statistics such as mean, standard deviation, median,
normality histograms such as skewness, kurtosis, frequency, where the n variables are
compared with variables of external to the data set.
3.Quality of Measurement:
Using con rmatory factor analysis and Analysis of homogeneity.
4.Analysis:
There are many analyses which can be done during the initial data analysis phase.
Univariate statistics ,single variable.
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Associations
Circumambulations
Loglinear analysis for the identi cation of important variables and possible
confounders.
Continuous variables.
Distribution.
Box plots.
2.Stability of results
Stability of results using cross validation,sensitivity analysis and statistical methods.
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Process of Analysis
• Look at the data from the perspective of what you want to know
• Estimate the averages of the data
• Evaluate the exceptions from the average
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ELKI
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ATLAS.ti
General Architecture for Text Engineering – GATE, Coding Analysis Toolkit, FreeQDA,
TAMS, Transana, ConnectedText, RQDA, Qiqqa, LibreQDA, QCAmap, Visão, Aquad,
Weft QDA, Cassandre, ELAN, CATMA, Compendium, fs/QCA, Tosmana, QDA Miner Lite
Kirq are some of the Top Free Qualitative Data Analysis Software.
Compendium
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Predictive Analytics Process Flow
For more information of predictive analytics process
(https://www.predictiveanalyticstoday.com/what-is-predictive-analytics/), please review the
overview of each components in the predictive analytics process: data collection (data
mining) (https://www.predictiveanalyticstoday.com/what-is-data-mining/), data analysis
(https://www.predictiveanalyticstoday.com/data-analysis/), statistical analysis
(https://www.predictiveanalyticstoday.com/statistical-analysis/), predictive modeling
(https://www.predictiveanalyticstoday.com/predictive-modeling/) and predictive model
deployment (https://www.predictiveanalyticstoday.com/deployment-predictive-models/).
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