Researchers and analysts oftentimes encounter
various challenges when undertaking statistical and mathematical analysis.
Some of the challenges include choosing the wrong test for a particular
data, misuse or inaccurate use of the statistical tools, inaccurate data
retrieval and application process, biased hypothesis generation, and robustness
issues. Other challenges in data analysis include ascribing predictions as
facts, using data without error correction or treatment, violation of normality
and linearity assumptions,
handling outliers, and difficulty obtaining consistent data findings. Also,
elementary issues, such as correctly tackling flawed theoretical models that
tend to skew the analysis in a given direction, continue to be a problem for
both researchers and analysts.
Masterly is
a London-based research and development network, which connects research
institutions and businesses to modellers from all over the world.
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