A data analysis report is an important document that aids in the understanding of the data gathered during a business or research project. It provides an analysis of how the information is linked to and supports a particular hypothesis. It is also designed to support decision-making and inform conclusions.

Data analysis is comprised of two broad methods – descriptive analytics and inferential analyses. Descriptive analytics look at what has happened in the time frame. For instance the number of views or sales of an item. Diagnostic analytics, however, examines the reason for what occurred. This typically involves a range of data inputs, along with some hypotheses (e.g. how did the weather affect sales of beer?).

You must “scrub” the raw data before you can begin to analyze it. This means eliminating duplicate observations and making sure all observations are complete and precise. It also includes standardizing formats and identifying possible errors.

The next step is to transform the data into an easy-to-understand graphical format. This can be done by using data mining software or visualization tools. It is crucial to think about your audience at this point, and. It is possible to create an explanation of the terms or glossary to explain your approach if your readers don’t understand the terminology.

http://buyinformationapp.com/compare-the-best-board-management-software-and-have-no-limits/