Quantitative Analysis
We live in a data driven society where people are increasingly looking to numbers to describe, explain, and predict phenomena in our businesses, charities, sports, education, personal lives, and more. Quantitative analysis is the most comprehensive way to draw conclusions from direct observation and measurement. Our extensive quantitative analytic services empower you to collect and analyze data to answer your most pressing research needs.
Statistical Analysis
What is it? Statistical analysis is the science of examining raw data and uncovering patterns and trends. Statistical analysis helps researchers and businesses identify new opportunities and make better business decisions. There are two main statistical techniques for data analysis: descriptive statistics and inferential statistics. Descriptive statistics describe the nature of data to be analyzed. This type of statistics presents raw data and simply shows what it is, but it does not allow for making conclusions. Inferential statistics studies the relationships between variables and draws a conclusion from the data; this type of statistics is a more complicated mathematical calculation.
There are numerous statistical methods, such as simple univariate analyses, multivariate analyses, factor analysis, cluster analysis, various types of regressions, hierarchical models, structural equation modeling, meta-analyses, and more. Choosing an appropriate statistical analysis is more important than selecting the fanciest and complicated statistical analysis.
If you are unsure what the best analyses should be used, let our consultants help you.
How can we help you?
- Evaluate and select the appropriate statistical methods
- Describe sample characteristics using frequency and descriptive statistics
- Explore the relationships of the data
- Create basic statistical analyses, including t test, univariate ANOVA, correlation, and chi-square
- Create advanced statistical analyses, including regression, multi-variate analysis, and multi-level modeling
- Perform longitudinal analyses, including repeated measures ANOVA/MANOVA, survival analysis, and time series
- Perform factor analysis, reliability, and cluster analysis
- Conduct nonparametric analyses
- Evaluate intervention effects (RCT)
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Learn MoreArticles and White Papers About Quantitative Statistical Analysis
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Read MoreFAQ About Statistical Analysis
Analytics projects generally require research design/methodology, data collection, data cleaning, analysis, results, presentation, and implementation. There are numerous intermediate processes for various steps depending on how customized and complicated the project is.
Data that is not consistently managed is rife for intentional or unintental misuse in potentially critical manners. Data that is not actively managed is likely to be mismanaged.
Research that is not practical or readily adaptible for implementation is wasteful. Determining the correct advanced analytics that are ready for actionable steps is a critical part of research design and methodology.
There are a variety of programs, software and hardware to collect data across formats, locations, and sources. The fit will depend on the prioritization of cost, speed, data integrity, security, and access.
Effective research design will consider the cost benefit analyses of multiple types of analytic approaches before determining the right approach. The best approach may encompass several methods, but trying too many methods will likely result in wasting an excessive amount of time and resources.
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Peggy Ostrander, DNPc, APRN, FNP-C Plano, Texas