Descriptive and Inferential Statistics

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Plots

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Charts

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Tables

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Summary Statistics

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Distribution

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Trends

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Outliers

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Boxplots

Data Visualization

  • Using scatter plots, bar charts, pie charts, and histograms to create visual representations of data that can be used to spot trends, patterns, and outliers.


Trend Analysis

  • The process of analysing data over time to identify and make sense of cycles, patterns, and seasonal changes.
  • Analysis of data over time to detect and interpret patterns, cycles, and seasonal variations.

Inferential Statistics

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Hypothesis Testing

Conducting tests like t-tests, chi-square tests, ANOVA, TOST and regression analysis (linear, stepwise, polynomial and logistic) to draw conclusions about population parameters based on sample data.

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Confidence Intervals

Estimating population parameters with a range of values derived from sample statistics, providing an indication of the reliability of estimates.

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Correlation

Correlation is a tool used to evaluate the correlations between variables. Granger causality tests are one method used to find possible causal relationships.


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