Explanation : Interpreting or analysing the collected data is essential to make inferences and arrive at conclusions. However, data should be
in comprehensible form to be useful for the purpose. Qualitative data is generally descriptive and needs to be coded for ease of
analysis. Qualitative data collected through technical media such as audio and/or video
recording first needs to be transcribed (put thoughts, speech, or data into written or printed form), only then can it be coded.
Data transcription refers to the process by which certain qualitative data is interpreted or translated into words that can then be categorised, coded and studied.
Structural equation modeling is a multivariate statistical analysis technique that is used to analyze the structural
relationship between measured variables and latent constructs.
Sequential analysis or sequential hypothesis testing is statistical analysis where the sample size is not fixed in advance. Instead data are evaluated as they are collected, and further sampling is stopped in accordance with a pre-defined stopping rule as soon as significant results are observed.
Sampling is the process of selecting
units (e.g., people, organizations) from a
population of interest so that by studying the
sample the researcher may fairly generalize
the findings to the population from which
they were chosen.