Social Research Discussion – Choose one of the data analysis techniques

Social Research

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Discussion

Visit and read this resource: Stevens, E. (2021, September 30).  A beginner’s guide to the data analysis process. CareerFoundry.  https://careerfoundry.com/en/blog/data-analytics/data-analysis-techniques/

Links to an external site.

Choose one of the data analysis techniques listed on the website (regression analysis, Monte Carlo simulation, factor analysis, cohort analysis, cluster analysis, time series analysis, or sentiment analysis) and provide a summary of that technique. What are the strong points and downsides of this technique? In your response post, provide a scenario or an example of data that would be well-suited for the technique your classmate chose to discuss.

Explanation & Answer

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