3.4 Stages of data analysis Flashcards
What do we mean when we say Identify the need?
- What info is needed?
- What are we trying to find out?
- Set objectives
- Need to ask the right questions to get the right info.
- Questions should be measurable, clear and concise.
What do we mean when we say define the scope?
- Decide what to measure.
- Example: content, details, budget, timescales, constraints.
- You need to consider the kind of data you would need to answer your key question.
- Decide how to measure: key questions: what is your time frame? what is your unit of measurements and what factors should be included?
What do we mean when we say identify potential sources?
Examples: sales figures and customer surveys
- Need to make sure information sources are suitable
- Before developing plans to collect new data, identify what data sets are already available.
- Sources can be internal and external
What do we mean when we say source and select information?
Examples: determine accuracy and reliability of sources, selecting the best.
- Unsuitable info is excluded
- Collect data from existing sources first and then determine the new data that needs to be collected.
- Verify the trustworthiness and validity of the sources.
- Determine file storing and naming system - this process saves time and prevents team members from collecting the same info twice.
- Need to gather data via observation or interviews, then develop interview templates ahead of time to ensure consistency and save time.
- Keep collected data organised in a log with collection dates and add any source notes - this practice validates conclusion
What do we mean when we say select the most appropriate tools?
Examples: charts, graphs, regression, trend analysis
- Number of ways to present information - charts/graphs provide visual display making patterns easier to identify.
- Regression analysis - considers how changing one of many different variables affects an outcome.
- Trend analysis - used to find patterns over time.
What do we mean when we say process and analyse data?
Manipulate data in detail
- sort and filter data
- analyse trends
Answer the question set out at the start or collect more data if needed
What do we mean when we say record and store information?
Example: write a report based on the results of the processing
- This is where you interpret and record your results
- As you interpret the results of your data, ask yourself key questions:
Does the data answer your original question? How?
Does the data help you defend against any objections? How?
Are there any limitations on your conclusions, any angles you havent considered?
- If all of these have been considered you are likely to have come to a productive conclusion.
What do we mean when we say share results?
Example: send the report to stakeholders
- Report key findings to meet the needs of different stakeholders groups
What is the purpose of data analysis?
- To find answers to questions that will be based on good quality information from carefully selected and sourced data.