Hello, my name is
Dr. Brian Blank
and I'm a finance faculty member
at Mississippi State University.
Today I will be discussing
the fundamentals of data analysis.
Specifically, we will focus on
how to use large datasets
once the data have been
gathered and cleaned.
As of late, one of the topics
frequently covered by the media
and researches alike is the use of big data,
because data are becoming
being able to analyze large datasets
is more important than ever.
Datasets are simply
a collection of observations
or individual bits of information
coded together in a uniform manner.
But using a large dataset
will allow us to learn more about reality.
Thousands of observations
can be used to understand
what is taking place
in the outside world.
This is simply due to large quantities
of computational power
that are now available
with modern technology.
As data become more common
and larger than before,
datasets will increasingly be used
and data analysis will be more informative
than it has been before.
With more information,
we can learn using more data
and this will add additional value
to professionals in various industries.