Basic Statistics Help
We can help you with your projects involving Descriptive Statistics.
Descriptive Statistics involve, as the name indicates, using of statistical summaries to describe a sample or population. These statistics include mean, median, mode, standard deviation, quartiles, and many others.
Also, descriptive statistics involve presenting organized graphical depictions of data. Such depictions show distributional properties that can tell a lot about the distributions involved.
We can help you with generating complete and accurate descriptive statistics reports, using results obtained with software, with tables and all kind of appropriate charts (such as Histograms, Boxplots, Dot-plots, Scatterplots, etc.).
What Can You Do With Basic Descriptive Statistics?
A basic statistics analysis is the cornerstone of any solid statistical analysis. All processes start from the beginning, and basic statistics charts and tables are the beginning of any solid more advanced analysis.
The analysis of basic statistics allows you to get a broad understanding of the variables being analyzed. This include cleaning of the dataset, recoding if needing and providing yourself with a clean codebook.
Though these things appear basic and easy to do, it is convenient to get the help of a statistics expert, in order to make sure you are building things correctly from the get go.
What Are Some Examples Of Descriptive Statistics Research?
For example, assume you are in charge of conducting an internal survey among employees to decide which annual company retreat spot will be chosen for this year. You tabulate your results and present the visual data with charts (a pie chart) to depict employees' preference.
Another example of basic descriptive statistics occurs when you want to use Net Profit as your dependent variable in a regression model, but you fear that Net Profit is positively skewed. You use basic statistic analysis to compute the skewness coefficient and construct a histogram to validate your concern.
There are multitude of examples. Working with a statistics expert can give you more light into what other simple uses of basic statistics can be useful in your business cases.
What are the limitations of descriptive statistics?
One of the main limitations of descriptive statistics is that you cannot make claims about population parameters based on descriptive statistics results, unlike the case of the inferential statistics procedures.
For example, the sample mean productivity of production method A may be higher than the sample mean productivity of another production method B, but that does not necessarily mean that the mean productivity of production method A is significantly higher statistically than mean productivity of production method B.
Despite its limitations, basic statistics analysis has its place if you work with a statistics consultant that helps you unlock their full potential.
Benefits of Using Basic Statistics Help by an Expert
Professional assistance from statistics experts helps you build proficiency in core techniques, apply them accurately, and strategically translate results into impactful insights for better decision making.
- Build Skills - Learn core statistical concepts, formulas, and procedures from experts.
- Correct Application - Ensure proper use and interpretation of basic statistical analyses.
- Avoid Errors - Experts check for mistakes in calculations, methodology, and reporting.
- Strategic Insights - Apply fundamental statistics to derive meaningful insights from data.
We can do serious data crunching and get meaningful conclusions.
We provide well documented reports, with the exact depth requested by the customer.
We build models, we test, we reach conclusions, we get results.
We adopt to our customers need. We can customize and automate.
We respond quickly to questions from our customers.
We can handle complex analyses with most of the statistical software packages available
We offer customized reports.
Free initial Consultation
We will be glad to talk to you about your needs and how we can help
We specialize on efficient and affordable solutions for small and medium size business
Call us now!
Did we mention we have a free initial consultation?