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arrow_back What is the point of doing statistical analysis?

by SIlver Status
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What is the point of doing statistical analysis?

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Statistical analysis is used by individuals or organisations to understand the data and be able to infer with the objective of aiding the decision making process.

To draw valid conclusions, statistical analysis requires careful planning from the very start of the research process. You need to specify your hypotheses and make decisions about your research design, sample size, and sampling procedure.

After collecting data from your sample, you can organize and summarize the data using descriptive statistics. Then, you can use inferential statistics to formally test hypotheses and make estimates about the population.

Finally, you can interpret and generalize your findings.
by SIlver Status
(18,319 points)

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