Advantages of using Advanced Excel for a large data set

In recent years, big data has become a buzz word for them who are relying on digital technologies as it allows storage and analysis  of massive data. Here, big data includes both structured and unstructured data sets which require processing capabilities of modern tools. One of the most popular tools to handle big data is Advanced Excel and its relevant add-ons (Rose, Spinks, & Canhoto, 2015).

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Determining the impact of an event on share prices using the event study

Event study helps to determine the effect of an event on a dependent variable. In most cases event study is used to determine the impact of an event on the stock prices of a company. The main motive of the event study is to find whether the event has abnormal returns on the prices of the stock. In other words whether the prices would have changed if the event has not taken place. To conduct the event study following steps can be followed: Read more »

Solutions to the problems faced during statistical analysis using panel data

In one of my recent projects I had to use panel data for analysis. During the data analysis I faced some problems which may be the most common problems in panel data analysis. So here are some of the problems with their possible solutions that helped me.

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Breaking the code of writing a research paper

Research paper writing is a challenging task. You have to deal with criticism as sportingly as you accept compliments. Writing a research paper is not like bulk content writing or general promotional or blog writing. Read more »

Factor analysis using SPSS

Factor analysis is used to find factors among observed variables. In other words, if your data contains many variables, you can use factor analysis to reduce the number of variables. Read more »

Paired sample T-test

A paired sample t-test is used to determine whether there is a significant difference between the average values of the same measurement made under two different conditions. Both measurements are made on each unit in a sample, and the test is based on the difference between these two values. Read more »

Selecting cases for analysis in SPSS

When researcher needs to perform selective analysis (for example, your research aim is to find out gender-based preferences for Lux soap. After you finish your survey, you may choose to do 2 separate analyses in SPSS: first of all males, then of all female respondents), then this command is used, i.e. selecting cases for analysis. Read more »

Basic terms in statistics

“Statistical Product and Service Solutions” is abbreviated as SPSS and was first developed by Norman H. Nie, Dale H. Bent and C. Hadlai Hull in year 1968. The software is used to conduct statistical analysis on the sample of larger population. Some of the terms used in statistics for sample analysis in this software are explained below: Read more »

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