Blog entry by Osatohanmwen Dibor

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by Osatohanmwen Dibor - Sunday, 13 June 2021, 11:29 PM
Anyone in the world

Data Collection is an important aspect of statistics. 

Data collection is the gathering and measurement of information from various sources in a systematic way to get a complete and accurate picture of an area of interest.

Data collection is very important in physical and social sciences, humanities and business. It helps to 

  • focus your limited energy and resources on the pieces that have the most impact.
  • understand your customers. 
  • analyze how customer opinions and behaviour change over time.
  • make quick and effective decisions based on the data collected.
  • segment audiences and curate dedicated marketing strategies for each segment.
  • Feedback data let’s you resolve issues and to improve your product/services where its most needed.
  • improve customer relationships.