3.4 Stages of Data Analysis

Question 1

Stages of Data analysis
(name them)

Answer 1

Identify the need
Define the scope
Identify potential sources
Source and select information
Select most appropriate tools
Process and analyse data
Record and store information
Share results

Question 2

Identify the need

Answer 2

Aims must be clear and well defined or else there could be worthless results and a wate of time

Question 3

Define the scope

Answer 3

Restrictions of the product are defined such as budget, content and deadlines

Question 4

Identify the potential sources

Answer 4

A wide range of sources for potential information, ensuring it is unbiased and covers the objectives

Question 5

Source and select information

Answer 5

Information is gathered as planners determine accuracy and reliability as unsuitable data is excluded

Question 6

Select most appropriate tool

Answer 6

There are many different data analysis tools such as regression and trend analysis. We must select the best one for the particular situation

Question 7

process and analyse data

Answer 7

Collected data can be inputted into software such as spreadsheets or databases to further analyse

Question 8

Record and store information

Answer 8

Any patterns, trends or findings are written into a report using statistical evidence, generated from analysis.