Management Science L7
Management Science L7
COMMUNICATION, INC.
CSTC College Bldg. Gen. Luna St. Maharlika Hi-way, Pob. 3, Arellano
Sub. Sariaya Province of Quezon R4A
Registrar’s Office: 042 3290850 / 042 7192818
CSTC IT Center: 042 7192805
Atimonan Contact Number: 042 7171420
Preliminaries
I. Lesson Number 7
II. Lesson Title Data Analysis
III. Brief Introduction Statistics is basically a science that involves data collection, data
of the Lesson interpretation and finally, data validation. Statistical data analysis is a
procedure of performing various statistical operations. It is a kind of
quantitative research, which seeks to quantify the data, and typically,
applies some form of statistical analysis. Quantitative data basically
involves descriptive data, such as survey data and observational
data.
IV. Lesson Objectives a. Identify the purpose of data analysis in transforming and
modeling data to create a useful information for decision making
b. Identify different data analysis tools
c. Examine different data analysis techniques and methods
Lesson Proper
I. Getting Started
For each question:
Is it possible to answer?
Can we answer it exactly (or close enough)?
Do we know what each part of it means?
Ask "does that depend on ... "
It is a form of data analysis that is basically used to describe, show or summarize data from a
sample in a meaningful way. For example, mean, median, standard deviation and variance.
In other words, descriptive statistics attempts to illustrate the relationship between variables in a
sample or population and gives a summary in the form of mean, median and mode.
Inferential Statistics
This method is used for making conclusions from the data sample by using the null and
alternative hypotheses that are subjected to random variation.
Also, probability distribution, correlation testing and regression analysis fall into this category. In
simple words, inferential statistics employs a random sample of data, taken from a population,
to make and explain inferences about the whole population.
4 Basics Steps for Statistical Data Analysis
In order to analyze any problem with the use of statistical data analysis comprises four basic
steps;
1. Defining the problem
The precise and actuarial definition of the problem is imperative for achieving accurate data
concerning it. It becomes extremely difficult to collect data without knowing the exact
definition/address of the problem.
2. Accumulating the data
After addressing the specific problem, designing multiple ways in order to accumulate data is an
important task under statistical data analysis.
Data can be collected from the actual sources or can be obtained by observation and
experimental research studies, conducted to get new data.
In an experimental study, the important variable is identified according to the defined problem,
then one or more elements in the study are controlled for getting data regarding how these
elements affect other variables.
In an observational study, no trial is executed for controlling or impacting the important variable.
For example, a conducted surrey is the examples or a common type of observational study.
3. Analyzing the data
Under statistical data analysis, the analyzing methods are divided into two categories;
Exploratory methods, this method is deployed for determining what the data is revealing by
using simple arithmetic and easy-drawing graphs/description in order to summarize data.
Confirmatory methods, this method adopts concept and ideas from probability theory for trying
to answer particular problems.
Probability is extremely imperative in decision-making as it gives a procedure for estimating,
representing, and explaining the possibilities associated with forthcoming events.
4. Reporting the outcomes
By inferences, an estimate or test that claims to be the characteristics of a population can be
derived from a sample, these results could be reported in the form of a table, a graph or a set of
percentages.
Since only a small portion of data has been investigated, therefore the reported result can depict
CSTC COLLEGE OF SCIENCES TECHNOLOGY AND
COMMUNICATION, INC.
CSTC College Bldg. Gen. Luna St. Maharlika Hi-way, Pob. 3, Arellano
Sub. Sariaya Province of Quezon R4A
Registrar’s Office: 042 3290850 / 042 7192818
CSTC IT Center: 042 7192805
Atimonan Contact Number: 042 7171420
17. To investigate relationships, bivariate correlation analysis can be used when the analysis
involves two continuous variables.
a. True
b. False
18. Multiple regression analysis enables an understanding of a set of DVs for their ability to
explain variance in the IV.
a. True
b. False
19. Regression analysis has stringent assumptions that must be checked before running the
tests to ensure they are not violated towards achieving a good regression model.
a. True
b. False
20. It is likely that with large samples even minor differences/relationships may appear to be
statistically significant so the researcher must interpret the results in perspective to reflect the
real theoretical/practical significance of findings.
a. True
b. False
V. Reflection(Performance Task -40%)
You learnt about statistical data analysis. Discuss the ways on giving description and
analysis to a given data. Write your response in paragraphs and use specific situations as
examples. You will be graded using the criteria below.
Criteria: Content (10 pts.) Organization of Ideas (3 pts.)
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VI. References
Calderon, Jose and Gonzales, Expectacion (2015), Methods of Research and Thesis
Writing, National Bookstore, Mandaluyong City, Philippines
Trinidad, Jose Eos and ADMU (2028), Researching: Philippine Realities - A Guide to
Qualitative, Quantitative, and Humanities Research, Ateneo de Manila University Press,
Quezon City, Philippines
Paler-Calmorin, Laurentina and Calmorin, Mechor (2010), Research Methods and Thesis
Writing, Rex Bookstore, Inc., Manila. Philippines
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