Does the process of statistical analysis stop at the end of the analysis?

EunoR 2021-01-10 Answered
Does the process of statistical analysis stop at the end of the analysis?
You can still ask an expert for help

Expert Community at Your Service

  • Live experts 24/7
  • Questions are typically answered in as fast as 30 minutes
  • Personalized clear answers
Learn more

Solve your problem for the price of one coffee

  • Available 24/7
  • Math expert for every subject
  • Pay only if we can solve it
Ask Question

Expert Answer

irwchh
Answered 2021-01-11 Author has 102 answers
The stage “analysis of data” is usually done in the following steps:
- Arrange the data in a comprehensive manner, such as, in a frequency distribution table. - Display the data using suitable graphs. - Find the descriptive statistics to statistically describe the collected data. - Use the relevant descriptive statistics to estimate the necessary population parameters. - Perform suitable hypothesis tests by using the estimated values, to form conclusions about relevant population. - Apparently, the statistical analysis for the available data ends here.
However, the process should not stop here.
Once a set of estimates for the population parameters of interest are found and suitable conclusions about such parameters are formed, it is necessary to conduct the study with other datasets in order to verify the conclusions and to ensure that they are truly likely to be valid for the population of interest.
Thus, the process of statistical analysis temporarily stops at the end of the analysis and inference, till more data can be collected to validate the conclusions of the analysis.
Not exactly what you’re looking for?
Ask My Question

Expert Community at Your Service

  • Live experts 24/7
  • Questions are typically answered in as fast as 30 minutes
  • Personalized clear answers
Learn more

Relevant Questions

asked 2020-10-18
Which of the following stetements bset descibes correlation analysis in a simple linear regression
a. Correlation analysis measures the strenght of relationship between two categorical variables.
b. Correlation analysis measures the direction of relationship between two numerical variables.
c. Correlation analysis measures the strenght and direction of relationship between two numerical variables.
d. Correlation analysis measures the strenght of relationship between two numerical variables."
asked 2021-09-05

Find the integer a such that
a24(mod31) and 15a15

asked 2021-02-06

Add T be the class consisting of R,Q and all infinite, open intervals An=q,xAnQ,tQ, the rationals. Show that T is not a topology on R−.

asked 2021-11-30
Sketch the graphs of the functions.
f(x)=x3+x22x and g(x)=0
Find the ares of the rezion completely enclosed by the graphs of the given functions fand g.
asked 2021-02-11
Consider that it's preferable to invest $25,000 to provide for a scholarship at the end of each year in perpetuity. The first scholarship will be awarded one year from now. Find the size of the annual scholarship, if the interest rate is 5% compounded annually.
asked 2021-06-12
Explain the difference between an absolute minimum and a local minimum.
a) There is no difference.
b) A function f has an absolute minimum at x=c if f(c) is the smallest function value on the entire domain.
c) A function f has an absolute minimum at x=c if f(c) is the smallest function value when x is near c, whereas f has a local minimum at c if f(c) is the smallest function value on the entire domain of f.
d) A function f has an absolute minimum at x=c if f(c) is the largest function value on the entire domain of f, whereas f has a local minimum at c if f(c) is the largest function value when x is near c.
e) A function f has an absolute minimum at x=c if f(c) is the largest function value when x is near c, whereas f has a local minimum at c if f(c) is the largest function value on the entire domain of f.
asked 2021-11-21
y=exsinh(x)