Facts and statistics collected for analysis
What is the term used to refer to facts and statistics collected for reference or analysis?
Sample Solution
The term used to refer to facts and statistics collected for reference or analysis is data.
Data can be:
- Quantitative: Numerical information like statistics, measurements, and counts.
Full Answer Section
- Qualitative: Descriptive information like text, images, and audio recordings.
It's important to note that data itself is not inherently meaningful. It needs to be organized, analyzed, and interpreted to draw insights and conclusions. This process is often referred to as "data analysis."