Data Analysis Assignment in R, SPSS, SAS, Eviews, STATA, Excel

Data analysis is the way toward inspecting data with a specific end goal to recognise relationship or pattern among factors and anticipate results. There are two sorts of data analysis; qualitative and quantitative analysis. Subjective analysis means to give a top to the bottom comprehension of fundamental components while quantitative analysis includes quantification of data, to sum up, and induce outcome.

The selection of data analysis tool relies on upon the size of estimation of the data; regardless of whether nominal, ordinal interval or ratio. Normal scale is utilised for marking factors with no quantitative esteem. An ordinal scale puts in hugeness on the request of the qualities yet not the distinction between everyone. An interval scale is a place both the request and the correct contrast between qualities are known. At last, the ratio scale gives data on the request and correct contrasts amongst qualities, and it likewise takes into account an extensive variety of both descriptive and inferential statistics to be applied.

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