Statistical analysis

In all money-creation activities, data is very important to make better decision. A business entity, small business or huge-capital, hundreds-worker of company, will take the most efficient cost of decision to create the most profitable way. How to generate money from data? How to generate higher sales from a kind of data?

First of all, we need to understand that data are not information. Data need to be analyzed to generate information. Statistics is one of methods to analyze the data. Statistics covers activity of methods that are used to collect, analyzing, presenting, and interpretation.

Now we can choose various statistical data software, application as well as the resources. Books on statistical data analysis are available in most textbook store. There are available statistical trainings, including the online course too. Such statistical online trainings provide practical session of learning on statistical data analysis tools.

Here some books about statistical data analysis as listed in Amazon.

  1. Statistical Analysis for Education and Psychology Researchers: Tools for researchers in education and psychology
  2. Data Manipulation with R (Use R)
  3. Evidence-Based Technical Analysis: Applying the Scientific Method and Statistical Inference to Trading Signals
  4. Data Analysis for Continuous School Improvement