20140502

analysis

Term of the Day

analysis

1. A systematic examination and evaluation of data or information, by breaking it into its component parts to uncover their interrelationships. Opposite ofsynthesis.
2. An examination of data and facts to uncover and understand cause-effectrelationships, thus providing basis for problem solving and decision making.
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Usage Example
By putting their quarterly data through thorough analysis, the company was able to understand why there was a drop in product sales and how they could best address the problem for the next quarter.
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