Business Analytics, Volume I

CHAPTER 3

Data, Data Types, and Descriptive Statistics

Chapter Highlights

Making Sense from Data: Descriptive Statistics

Data and Data Analysis Concepts

Statistics and Data at a Glance: What You Need to Know

Current Developments in Data Analysis

Preparing Data for Analysis

Data Cleansing, Data Transformation

Data Warehouse

Data, Data Types, and Data Quality

Statistics Defined

Two Main Reasons for Studying Statistics

Statistics and Statistical Methods

Descriptive and Inferential Statistics

Concept of Population and Sample

Population and Sample Data

Data and Classification of Data

Qualitative (Categorical), Quantitative (Discrete and Continuous Data)

Data Types Data Collection

Cross-Sectional data, Concept of Variables, Discrete, Continuous, and ...