10) What are the main steps of data analysis?

Q: What are where-used and pegging reports? Give some of their uses.

A: Nowadays it is very important to understand the fluctuations in demand and supply which helps in…

Q: Explain the distinction between replacement and nonreplacement sampling. Which method do auditors…

A: Replacement sampling When replacement sampling is used, an attribute there in population is sampled…

Q: Distinguish between quantitative analysis and Operations research?

A: Mathematics is basically the investigation of amounts. Hence, exercises including numerical methods…

Q: What means "small data"?

A: Small data is data submitted in a volume and configuration which makes it informative, accessible,…

Q: Based from ISASI, what is the definition of “findings”?

A: This archive has been created by the Air Traffic Services Working Group (ATSWG) of the International…

Q: What is the main purpose of using sensitivity analysis?

A: An analysis is a mathematics branch that explores ongoing changes and involves integration,…

Q: In a survey questionnaire or carrying out research, what are the different types of Questions?…

A:

Q: Define and give an example of each of the methods of gathering survey data. Under what circumstances…

A: Definition of survey data: The resultant data acquired from a sample of respondents who did a survey…

Q: List statistical tools that can be used for a quantitative research or a survey type and how to use…

A: The most notable Statistical apparatuses are the mean, the arithmetical normal of numbers, middle…

Q: What is On-Line Analytical Processing Tools (OLAP) and why is it important?

A: By executing particular analyses of multidimensional data interactively from numerous viewpoints,…

Q: 6. Reliability and validity are two important factors to consider in selecting and preparing…

A: Reliability explains the consistency of a measure, whereas validity explains the accuracy of a…

Q: 5) What is the difference between exploratory (descriptive) and inferential methods in data…

A: Data analysis can be explained as the process of transforming, cleansing, collecting, and modeling…

Q: In order to conduct qualitative research, you are required to suggest the most suitable…

A: There are two types of sampling techniques in research. One is probability sampling and the other is…

Q: Why do we need exploratory data analysis? Why not go straight into modeling? you may ask.

A: Exploratory data analysis is defined as a part of data analysis where various techniques are…

Q: 2. Which are the most important facilities in research phenomenon?

A: Any problem, issue, or topic that is chosen as the focus of an investigation can be considered a…

Q: what are the crm data sources of tim hortons

A: Customer relationship management (CRM) is a facet of relationship marketing that focuses on customer…

Q: short notes on any three different data sources IN ENGINNERING

A: Engineering data is an any information which  collectively becomes  knowledge and based on that…

Q: Why is it important to use the proper statistical procedures to analyze your data?

A: ANSWER IS AS FOLLOWS:

Q: What are the most typical types of data trends to look for when doing a data analysis? It is…

A: That act of deconstructing and examining information for relevant trends and patterns is known as…

Q: What types of secondary data could be useful to inform the development of the questionnaire?…

A: Data that are being collected for the first time or extracted from genuine sources are primary data.…

Q: Assess the THREE (3) major categories of analytical reports and provide examples of each.

A: Analytical reports are used to identify and assess upon particular issues and opportunities in the…

Q: Different types of rating scale which can be used in research?

A: Rating scale refers to a method in which necessary data is collected related to a specific subject.…

Q: When is it better to use secondary data over primary data? And, when is it better to use an internet…

A: Primary data can be explained as the data that has been collected by the researcher himself for the…

Q: In survey research, why do bad questions generate bad data??

A: Market research is a process that deals with the collection and interpretation of data to solve a…

Q: What are the 4 reasons for which data quality is important to an organisation ?

A: Data quality can be defined as the reliability of the database and it is a measurement of data…

Q: 8. The environment in which research data is collected is important when assessing the results…

A: Notwithstanding the field of study or inclination for defining data (quantitative or subjective),…

Q: Why is it necessary to gather data on a continuous basis?

A: Businesses can’t thrive without information, and in the modern world, data-driven decision-making…

Q: Why is it essential to collect data on a consistent basis?

A: Data should be collected consistently, here, we would take the data from different sites or…

Q: Where does the information come from to develop an MPS?

A: Master Production Schedule (MPS).The MPS decides what products are manufactured and when. The…

Q: Which one of the following survey methods is most expensive?

A: Personal interview survey is most expensive survey method because it needs transpiration movement of…

Q: List and describe the stages involved in data analysis.

A: Below mentioned are the various importance of data analysis: 1. The first importance of data…

Q: What are the descriptive statistical tools used by many researches? Explain each tool.

A: Descriptive statistics provide a summary of data in the form of mean, median, and mode. It uses a…

Q: what is the objective of data analysis?

A: The objective of data analysis is to find meaning in data so that the derived awareness can be used…

Q: Six factors are used to assess the quality of data.

A: Accuracy : Among marketers who purchase demographic data, 84% say that accuracy is vital to their…

Q: what are some data analysis techniques?

A: The process of collecting, modelling, and analysing data to derive insights that aid decision-making…

Q: How can customer analytics cann be used for improving retenstion rates ?

A: Retention rate can be stated as the percentage of individuals or customers who continue using the…

Q: What are the characteristics of input data?

A: Input data refers to the data responsible for conducting processes.

Q: nline to recruit a panel for one of its online surveys. How might you build a sample frame of…

A: The Starbucks Duetto Visa card team should put up a panel of Starbucks Card customers to get their…

Q: In Carrying out research, what are the criteria for Questionnaire designing? What are different…

A: The first and foremost requirement is that the spelled-out research objectives must be converted…

Q: Based on any collecttion data,  what are the strengths and weaknesses of your data collection based…

A: Various modes of data collection are handled by responsive management. Each mode has its own…