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Tutorial: An example of statistical data analysis using the R environment for statistical computing G Roster Version 1.4; May 6, 2017Subsoil vs. topsoil clay, by zoneRegression Residuals vs. Fitted.

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An example of statistical analysis is when we have to determine the number of people in a town who watch TV out of the total population in the town. The small group of people is called the sample here, which is taken from the population.

A simple example of Data analysis is whenever we take any decision in our day-to-day life is by thinking about what happened last time or what will happen by choosing that particular decision. This is nothing but analyzing our past or future and making decisions based on it.

What are the types of statistical analysis? There are two main types of statistical analysis: descriptive and inferential, also known as modeling.

Several top logistic companies like DHL and FedEx are using data analysis to examine collected data and improve their overall efficiency. Using data analytics applications, the companies were able to find the best shipping routes, delivery time, as well as the most cost-efficient transport means.

This type of analysis helps describe or summarize quantitative data by presenting statistics. For example, descriptive statistical analysis could show the distribution of sales across a group of employees and the average sales figure per employee. Descriptive analysis answers the question, “what happened?”

Descriptive, predictive and prescriptive analytics.

A simple example of data analysis can be seen whenever we make a decision in our daily lives by evaluating what has happened in the past or what will happen if we make that decision. Basically, this is the process of analyzing the past or future and making a decision based on that analysis.

Types of statistical analysis For example, if a business gave you a book of its expenses and you summarized the percentage of money it spent on different categories of items, then you would be performing a form of descriptive statistics.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232