Quantitative data analysis techniques, such as descriptive statistics, exploratory data analysis, and confirmatory data analysis, use mathematical methods to interpret data and remove researcher bias. These techniques are used by researchers, businesses, and government agencies to make informed decisions. Descriptive statistics summarize data into specific groups, while exploratory data analysis supports a hypothesis and confirmatory […]
Cost-benefit analysis in healthcare assesses the costs of medical treatment compared to the benefits to patients or society. It is used by healthcare providers, insurance companies, and hospitals to make policy decisions and determine whether a treatment should proceed. Patients may also use it to make treatment decisions. A cost-benefit analysis in healthcare is an […]
Strategic analysis involves examining a business model in relation to goals and performance compared to others in the industry. It includes evaluating products, conducting customer surveys, and analyzing internal factors such as marketing and finances, as well as external factors such as competition and location. Strategic analysis refers to the process by which an entrepreneur […]
Industry and market analysis are related concepts, with industry analysis focusing on factors such as goods, services, raw materials, jobs, technology, and companies that drive the industry. Market analysis studies the market, which is a derivation of the industry, including factors such as market size, demographics, consumer spending habits, government policies, and competition. Both analyses […]
Business credit analysis examines financial statements, cash flow, company history, and trends to determine eligibility for credit. Past, present, and projected future are analyzed to predict the company’s future health. Ethics, loan purpose, and collateral are also considered. A business credit analysis is the process of determining whether an organization is eligible for credit. This […]
Structured analysis is a set of techniques used in software development to explain the required steps within an application in a more humanistic way. It is divided into four domains: data flows, data models, tree graphs, and state models. Data flow diagrams, data models, structure charts, and state models are key tools used in structured […]
Bank ratio analysis uses mathematical formulas to evaluate a bank’s financial statements, including liquidity, asset turnover, and leverage ratios. Liquidity ratios, such as the current and cash ratios, assess a bank’s ability to pay liabilities. Asset turnover ratios measure bank efficiency, while leverage ratios evaluate debt usage. Investors can use ratio analysis to determine whether […]
Common size analysis compares financial statements of companies of different sizes or from different time periods by reducing raw numbers to percentages, allowing for easier comparison. It can be performed on income statements or balance sheets and is best done using benchmarks. The accuracy of the analysis depends on the accounting practices used. Common size […]
Supply chain analysis evaluates each stage of a company’s product delivery process to determine how it can be improved without sacrificing quality or customer service. Mapping the process helps identify areas for improvement, such as consolidating suppliers to reduce shipping costs and speed up delivery. This analysis works in collaboration with logistics management to expedite […]
Real estate industry analysis examines factors impacting the sector, including supply and demand, availability of financing, and ease of entry for newcomers. Balanced supply and demand is key to sustained growth. A real estate industry analysis is simply a comprehensive study of the various factors and trends in the real estate industry that could impact […]
Technical analysis of silver involves studying past price performance to predict future movements. Charts and moving averages are used to identify patterns and trends, while fundamental analysis is not considered. Technical analysis is effective for predicting silver prices and can help investors make informed decisions. A silver technical analysis is a process that involves investors […]
A current situation analysis is a concise review of a company’s market position, including macroeconomic trends, customer data, and competitor information. The SWOT method is often used to analyze data and identify strengths, weaknesses, opportunities, and threats. This analysis helps predict future performance and progression. A current situation analysis is a clear and concise look […]
PEST and PESTLE analysis are economic tools used to evaluate business environments. PESTLE adds legal and environmental factors to PEST analysis. Legal factors include labor and competition laws, while environmental factors include regulations on emissions and accountability for environmental impact. Political, Economic, Social, Technological (PEST) analysis and Political, Economic, Sociocultural, Technological, Legal, Environmental (PESTLE) analysis […]
Technical analysis tools use market data to track stock price movements and predict future changes based on past performance. This differs from fundamental analysis, which considers broader economic factors. Candlestick signals and Fibonacci retracement charts are among the many tools used to analyze stocks. Stock technical analysis tools focus on data collected about stock price […]
Strategic group analysis examines firms with similar products or services to the same segment of the population, helping companies identify competitors and determine how to compete within the group. It is often discussed in conjunction with market focus, and can help with product positioning and differentiation. Companies that sell similar products or services to the […]
Investment decision analysis involves collaboration between an analyst and investor, using forecasting models to quantify risks and expected returns. Evaluation techniques depend on the project or asset, with software solutions available to compare advantages and disadvantages. An investment decision analysis is designed to lead a company to make an informed move around future investment returns […]
Yield curve analysis can be approached by studying the current shape and level of the curve or considering past patterns. Comparing different types of bonds and using the expectations theory model are also useful methods. The objective of the investor determines which method to use. There are a couple of different ways to approach yield […]
PEST analysis examines political, economic, social, and technological factors that can impact a company’s operations. Political factors include regulations, taxes, labor laws, and political stability. Environmental and competition regulations, fiscal policies, labor laws, and political stability are all important factors to consider. PEST analysis stands for political, economic, social and technological analysis. Items that fall […]
Pareto analysis is a statistical technique used to make business decisions based on the observation that a majority of problems are caused by a few particular issues, known as the Pareto principle or 80/20 rule. By creating a table of important situations or causes and organizing them by importance, companies can determine what influences the […]
Trend analysis statistics are used to discover performance records and make informed decisions. Descriptive statistics summarize data while inferential statistics rely on probability. Faulty information can produce biased results, so multiple reviews are necessary for accuracy. Statistical analysis is a common process for individuals and companies seeking to gain insight from a large series of […]
