NewtonX
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Statistical analysis is one kind of analytical service, and it is strictly a quantitative procedure. Although data that began life as qualitative, such as text, can be analyzed using statistics, it has to be transformed into quantitative data first. At a general level, there are two main reasons to conduct statistical analysis: to draw inferences from patterns you find in the data and to know how confident you can be in the results. There are many types of data that can be analyzed statistically and many statistical methods available, but, in essence, statistical analysis is about finding patterns in data and quantifying the level of confidence you should have in it.
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