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CHOOSING A QUALITATIVE DATA ANALYSIS (QDA) PLAN

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Data Analysis should change what you do, not just how you do it. - MatinMovassate If you are to choose the right data analysis plan for your study, it is first pertinent to collect qualitative data.   Since Qualitative analysis is more about the meaning of the analysis, it is too confusing with unstructured and huge data. For conducting Data Analysis for any research, it is also important to have the right methodology. If the data and methods of data analysis plan are right, it will have numerous benefits, including making the right decisions. But before that, there are certain fundamental details to know before choosing the right data analysis plan, which includes: What is qualitative data analysis? QDA is based on interpretative policy to examine the symbolic and meaningful content of data.   In other words, it is interpreting the qualitative data by many processes and procedures to transform them into great insights for taking dynamic decisions. W...

Steps in Quantitative Data Analysis

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Quantitative Analysis: Quantitative Data Analysis can be defined as an economic tool for the management and investors to analyze financial events and make investment and business decisions. It uses complex financial and statistical models to quantify objective business data for determining the after-effects of a decision on the business operations.   The worthiness of investments is found using it to identify the correlation between the variables.   Applications of quantitative analysis: ·          Performance evaluation ·          Measurement ·          Evaluating a financial instrument ·          Helps in predicting world events like changes in the price of a share Transform raw data to quantifiable data: Raw information is converted to quantitative data by quantitative analysis. The obtained...

What Is Data Analytics?

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Data Analysis Plan for Quantitative and Qualitative Research: Data Analytics is the quest of excavating an understanding or inference from unprocessed data via dedicated computer applications. These applications alter, shape, and model the data to infer deductions and ascertain patterns. Although Data Analytics can be uncomplicated, nowadays the term is most frequently used to define the study of huge capacities of data ( quantitative data analysis and qualitative data analysis ) and/or high-speed data, which offers unique mathematical and data-juggling obstacles. Proficient data analytics pros who essentially possess a strong know-how in business statistics, are known as data scientists. [ Click Here To Continue Reading ] United Kingdom: +44-1143520021 India: + 91 9176966556 Email: info@statswork.com Visit: http://www.statswork.com/