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What is the best way to start any Analysis?

Kindly sequence the steps,

a. Analysis the available data.

b. Consult with field experts.

c. Conduct survey and interviews.

d. Read research paper on the subjects.

 

Kindly note, any steps can be repeated more than once.

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Question added by sagar uparkar , Manager , Icici Bank
Date Posted: 2015/06/19
ghulam abbas ghazi gajani
by ghulam abbas ghazi gajani , Research Assistant, Instructor Statistics, Economics and Mathematics , Lesbela University

1. clear understanding of the situation 

2. handsome knowledge about how to handle the situation

3. good exposure of techniques used in analysis(comparative analysis).

the order of  sequence you suggested will be as

d, b,c,b,d,a 

SIYAD PALASHERI MATTUMMAL
by SIYAD PALASHERI MATTUMMAL , Mechanical Engineer ( Area in charge for Facial Tissue category) , Fine Hygienic Holdings

Collect the available data regarding the issue or problem to be resolved. Collecting data includes discussing with fild experts and teams,conducting surveys. Studying booklets and articles on the issue to have more feasible solutions. later on arriving on possible reasons. based on collected data pin point the root cause of the problem. Take appropriate and mistake proof remedy to rectify this problem permanenetly or minimse its occurence. Foe analysis we can follow why-why chart which will help to find the root cause of the problem to make our research esay for rectfying the problem.

 

jarry jafery
by jarry jafery , Data Architect/Data Engineer/Data Scientist , Logicera.net

for a good data analysis you have to be best in data visualization so after cleaning the data from outlires  and you can also use certain transformations to make data ready for analysis 

then the next step is the critical visualization of data to understand the relations in data.

then after having compact information and knowledge about data you can run an analysis on data.

Ma''aruf Shitu Imam
by Ma''aruf Shitu Imam , Computer Operator , Zinat Table Water

Collect data, compile the data, summarizing then start analysis

Emmamuel Ogbomon
by Emmamuel Ogbomon , Asst. Engineer , Integrated Data Services Limited

D - read research papers on the contents to get good understanding of the subjects C - conduct Surveys and interviews in the field based on the knowledge gathered B - Consult with the Experts in the Field A - Analyse the data from the surveys with the aid of the Experts

Mustafa Abdur Razzaq
by Mustafa Abdur Razzaq , Business Analyst , Autosoft Dynamics Pvt Ltd

Every analysis should begin with taking a broad view of the subject of whom analysis is being done. Analysis should begin by viewing the subject from the top (having3D view) rather than looking at the subject from one point and proceeding linearly (one dimensional view) to the other point. Any other approach that provides limited view of the subject (2 dimensional)  should also be avoided in the beginning.The holistic view or bird's eye view of the subject/data will provide you meaningful and better clues about which relationships are to be studied/explored to draw meaningful conclusions from the data.

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