0% found this document useful (0 votes)
68 views18 pages

Data Analysis Essentials

This document discusses data collection, classification, and representation. It defines data as unstructured facts and information as processed data used for decision making. The document outlines the information process including capturing, classifying, storing, and disseminating data. It describes primary and secondary data sources and qualitative and quantitative data types. Finally, it discusses methods for organizing data such as frequency tables and classification.

Uploaded by

Aarnav Agrawal
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
68 views18 pages

Data Analysis Essentials

This document discusses data collection, classification, and representation. It defines data as unstructured facts and information as processed data used for decision making. The document outlines the information process including capturing, classifying, storing, and disseminating data. It describes primary and secondary data sources and qualitative and quantitative data types. Finally, it discusses methods for organizing data such as frequency tables and classification.

Uploaded by

Aarnav Agrawal
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
You are on page 1/ 18

DATA – COLLECTION, CLASSIFICATION &

REPRESENTATION
Data

• Data can be described as unstructured raw facts,


observations or unevaluated messages in isolation
• Data are facts & figures which are not currently being
used in decision process
• Information is defined as data that is collected,
processed, logically organized and analyzed so as to be of
use to the decision maker
Information

• Information brings clarity and creates an intelligent


human response in the mind
• Some of the characteristics of Information:
– Improves representation of an entity

– Updates the level of knowledge

– Has a surprise value

– Reduces uncertainty

– Aids in decision making


Information Process

• Capturing
• Verifying
• Classifying
• Arranging/sorting
• Summarizing
• Calculating
• Storing Retrieving
• Reproducing
• Dissemination / Communication
Types of Data

• Primary Data
– Data collected for the first time by the researcher

– Techniques include observations, questionnaires, interviews, etc

• Secondary Data
– Data borrowed by the researcher from other sources

Primary data collected by one person may


become the secondary data for another
Types of Data
• Qualitative Data:
– Data that are expressed by a non-numerical property
– For example
• Satisfaction of a customer
• Rich
• Poor

• Quantitative Data:
– Data that are numerically expressed
– For example:
• Weight
• Height
• Income
• Expenditure
Types of Data
• Further more, Quantitative Data are again of two
types:
– Measurements or Scores
– Frequencies
Some terms to be remembered
• Population: All possible observations
• Sample: A portion of population, taken for further
analysis and are used to draw conclusions
• Parameter: Characteristics of whole population
• Statistic: Characteristics of sample and is presumably
measurable
• Variable – Continuous and Discrete
• Constant
• Domain
Secondary Data

• Advantages of Secondary Data


• Disadvantages of Secondary Data
• Sources of Secondary Data
Primary Data
• Two main methods to collect primary data are
Observation and Communication

• OBSERVATION: Advantages and Limitations

• COMMUNICATION: Questionnaire
Questionnaire
• Types of Questionnaire: Structured / Non-
structured – Disguised/Non-disguised
• Designing a Questionnaire:
– Type of information to be collected
– Type of questions – Open ended, Dichotomous and
MCQ
– Phrasing of the questions
– Order of questions
– No. of questions
– Layout of the questionnaire
The Frequency Table: Discrete Series

• Relative Frequency  

• Class Limits  

• Class Interval  

• Class Frequency  

• Class mid-point  

12
Methods of Classifying Data
• Exclusive Method
• Inclusive Method

13
Formation of a Grouped Frequency Table

The formation of a frequency distribution table


comprises the following steps:
1. Deciding the appropriate number of class
groupings
2. Choosing a suitable size or width of a class interval
3. Establishing the boundaries of each class interval
4. Classifying the data into the appropriate classes
5. Counting the number of items (i.e. frequency) in
each class.
14
Relative Frequency and Percentage Distributions
Frequency
Relative Frequency =
Total Number of observations

15
Cumulative Frequency Distribution

16
Two-Way and Three-Way Frequency Distribution

17
Main Parts of a Statistical Table

Guidelines Regarding Structure of a Table


• Table Number
• Title
• Captions and Stubs
• Main Body of the Table
• Ruling and Spacing
• Head Note
• Footnote
• Source-note 18

You might also like