What is a statistical analysis?
12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Statistical analysis is a process of analyzing data from a specific area to gain certain insights. It is often used to make decisions or gain a better understanding of a situation. It can help identify trends and patterns that may be important to a particular decision. It can also help solve a problem or make a decision by evaluating past results.