What Types of Analysis Can Be Performed with SPSS?
SPSS offers a wide range of analytical techniques that can be invaluable for entrepreneurs:
1. Descriptive Statistics: These provide summary statistics such as mean, median, and mode, giving a quick overview of the data. 2. Regression Analysis: This helps in understanding the relationship between different variables, which can be crucial for predictive modeling. 3. ANOVA (Analysis of Variance): This is useful for comparing three or more groups to see if there are any statistically significant differences between them. 4. Factor Analysis: This technique is used to identify underlying variables, or factors, that explain the pattern of correlations within a set of observed variables.