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Quantitative TECHNIQUE BY THOKOZIRE TRIMMIE CHITEDZE

The document discusses different types of data including discrete and continuous data. It also discusses three ways of analyzing data: cross tabulation, probability sampling, and predictive analysis. Cross tabulation involves understanding correlation between variables. Probability sampling allows for reliable estimates and statistical inferences about a population. Predictive analysis uses data analysis and models to predict future outcomes.

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34 views3 pages

Quantitative TECHNIQUE BY THOKOZIRE TRIMMIE CHITEDZE

The document discusses different types of data including discrete and continuous data. It also discusses three ways of analyzing data: cross tabulation, probability sampling, and predictive analysis. Cross tabulation involves understanding correlation between variables. Probability sampling allows for reliable estimates and statistical inferences about a population. Predictive analysis uses data analysis and models to predict future outcomes.

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dumbaningwira
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UNIVERSITY OF LILONGWE

SCHOOL OF MANAGEMENT
DEPARTMENT OF MANAGEMENT

PROGRAM :HUMAN RESOURCE MANAGEMENT

COURSE TITLE: QUANTITATIVE TECHNIQUE

COURSE CODE: HRM 213

TO: DOUG ADASAT

FROM: THOKOZIRE TRIMMIE CHITEDZE

ASSIGNMENT: DATA COLLECTION

[a] Data is defined as raw information or facts and


statistics collected together for reference or analysis.There
are two types of data which are continuous and discrete .
Discrete data is the type of data that has clear spaces
between values. Continuous data is data that falls in a
constant sequence. Discrete data is countable while
continuous — measurable. To accurately represent discrete
data, the bar graph is used.
The primary difference, though, between discrete and
continuous data is that discrete data is a finite value that can be
counted whereas continuous data has an infinite number of
possible values that can be measured.
. Discrete data is countable while continuous data is
measurable. Discrete data contains distinct or
separate values. On the other hand, continuous data
includes any value within range.
[b] three ways of analysing data are cross
tabulation ,probability sampling and
Predictive Analysis
• Cross tabulation , This method utilizes a basic
tabular format to draw inferences between the
collected data. It involves gathering multiple variables
and understanding the correlation between them. This
method is also known as contingency table or cross
tabs and is apt for extracting relevant information from
large data sets.

• Probability sampling refers to the selection of a


sample from a population, when this selection is
based on the principle of randomization, that is,
random selection or chance. Probability sampling is
more complex, more time-consuming and usually
more costly than non-probability sampling. However,
because units from the population are randomly
selected and each unit’s selection probability can be
calculated, reliable estimates can be produced and
statistical inferences can be made about the
population.When choosing a probability sample
design, the goal is to minimize the sampling error of
the estimates for the most important survey variables,
while simultaneously minimizing the time and cost of
conducting the survey.

• Predictive Analysis redictive analytics is the process


of using data to forecast future outcomes. The
process uses data analysis, machine learning,
artificial intelligence, and statistical models to find
patterns that might predict future behavior.
SOURCES : STATISTICS CANANADA , WWW.STATICAN.COM

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