What is Statistical Data Analysis?
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Statistical analysis is a component of data analytics. In the context of business intelligence (BI), statistical analysis involves collecting and scrutinizing every data sample in a set of items from which samples can be drawn. A sample, instatistics, is a representative selection drawn from a total population.
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⇒Statistical analysis is a component of data analytics.
⇒Statistical analysis involves collecting and scrutinizing every data sample in a set of items from which samples can be drawn.
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