what is statistical data analysis | step by step guide

what is statistical data analysis | step by step guide
#howto #statistical
analysis #dataanalysis
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[maapappa]

Thank you for a simple but easier explanation.. keep making videos on statistics

[aimakhan]

It was very useful and beneficial content, keep it up

[orangesnowflake]

The science of identifying, organising and interpreting data is NOT about making interferences about a paticular populace....

It is about making inferences not interferences, they are completely different words with different meanings

[ImLearning-kuyu]

🎯 Key points for quick navigation:

00:27 *📊 Introduction to Statistics*
- Statistics defined as the science of analyzing data to draw conclusions about a population.
- Descriptive and inferential statistics are the two main branches.
01:48 *📈 Types of Statistical Analysis*
- Descriptive statistics summarize data quantitatively (e.g., mean, median, mode).
- Inferential statistics infer conclusions beyond immediate data (e.g., predictive and prescriptive analysis).
02:43 *🔄 Steps in Statistical Data Analysis*
- Designing the study involves formulating research questions and hypotheses.
- Collecting data includes methods like random sampling and its types (e.g., simple random, stratified).
- Describing the data uses techniques such as scatter plots and measures of central tendency.
04:08 *📊 Methods of Data Collection*
- Discusses various sampling methods (e.g., voluntary response, convenience).
- Highlights terms like population standard deviation and statistical power.
06:25 *📊 Describing the Data*
- Explains methods for data inspection (e.g., scatter plots, bar charts, frequency distributions).
- Details measures of central tendency (e.g., mean, median, mode).
07:45 *📏 Measures of Variability*
- Covers measures like standard deviation, variance, range, and interquartile range.

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