Research Statistics: Methods and Companies

No matter what industry you work in, doing research is an inevitable part of your job. It is the first and essential step to prepare yourself for a certain task. The results from research statistics about any topic are the easiest way to learn and be aware of the issues you’re about to encounter.

But where are you supposed to even begin?

Google.

No, no, don’t Google it. This time Google is the answer.

Google is the biggest playfield for people who are into researching. Every statistical data analysis begins and ends with it.

In this article, we’re going to dig deeper than what basic statistics for research have to say.

Let’s open up with some truly fascinating stats:

Top Research Stats and Facts: Editor’s Choice

  • Until the 1990s, research was done in libraries.
  • The research market is worth $76 billion.
  • With 75.000 searches per second, Google is the king of research.
  • There were 4.39 billion internet users in 2019.
  • Disney Plus was the most searched keyword for 2019.
  • There are at least 17 different types of research.
  • A well-done research has 6 stages.
  • 88.37% of Americans use Google to do their research.
  • Internet research sees a rise of 10-15% annually.

A Few Facts About Research Methods and Statistics

1. Good and quality research have six stages.

If you want to be good at what you do, you need to know all about the research statistic. The six statistical methods in research are:

  • defining the topic
  • making a plan
  • searching for information
  • creating a draft
  • writing
  • quoting your sources

2. There are at least 17 types of different searches.

Not every search type can be used for everything. Take a look at statistics say best research methods are and choose the one best fitting your needs.

3. The research market is worth $76 billion.

As the statistics for research claim, the research market is worth a whopping $76 billion.

Can you imagine?!

4. The USA holds 44% of the market.

44% of the global market belongs to the USA, say the statistics for researchers.

That’s not exactly surprising, given how big the US is.

5. With $6.5 billion, Nielsen is the leading company in research.

The American research agency Nielsen was founded in 1923 and they are now the top leader in statistical research and other sectors. Their revenue in 2018 was unbelievable – $6.5 billion! Their experimental research in statistics is among the best in the US and in the world.

6. There are 263 companies doing statistics research in the USA.

Around 260 companies are a part of this industry. The total revenue is around $1 billion annually.

7. The growth of the research industry was 4.2% in the last 5 years.

The statistics and research industry had a growth of 4.2% between 2013 and 2018. It is expected to grow even more when different types of statistics in the research get involved too. Like AI research which is really taking off lately.

8. There are 6,788 people employed in research.

Research is a serious business and the number of 6788 employed in the research and statistics business tells all about it.

9. There are two research methodologies.

When you’re conducting research, you have two options. The statistics on research methodology say you can either use the quantitative or the qualitative method. They both do the same job but from different aspects.

10. One of the most developed research fields is psychology.

There are many research methods and statistics in psychology. As one of the fields that require lots of research in order to find the best solution, this seems completely normal.

There are mainly 3 options – correlational, descriptive, and experimental research. These, however, differ a lot.

11. Descriptive statistics in research offer the least details.

If you’re about to research a topic, but you don’t want to get too much involved in details like where, who, why, and how, descriptive research is the best for you. It is one of the most used statistical research methods on the internet.

12. Infographics are made by using social research.

Statistics as a tool for social research are being used for making famous infographics. Social research is made when different groups of people are placed in different categories.

13. Statistics won’t be possible without the proper tools.

The statistics tools for data analysis are probably the most important thing that every researcher needs when trying to do a good job.

Even though there are more different ones, Microsoft Excel is still among the top programs for this.

14. Without statistics in medical research, lots of conditions wouldn’t be solvable.

There are tons of medical problems and books about finding solutions. Doctors spend a lot of time studying medical cases. However, without the research statistics made by professionals in the past, all this wouldn’t matter at all.

15. Writing a paper sometimes asks for a research hypothesis.

There’s a clear distinction between the research hypothesis and the statistics hypothesis. The second one is based on facts. The first one is outlining the thesis the author is presenting.

16. All serious companies use statistics and operations research.

The CEOs of big companies around the world always have a team that conducts operation research. It is used for making certain statistics in research topics that are connected to the company.

17. With 900 terabytes, P&G is the leader in making statistics and operational research.

Procter & Gamble, the consumer spending company is the leader in this field. Operations research vs statistics is part of their everyday work. This is why they make $76 billion in sales every year.

18. Even though consumer research is highly important, less than 40% of marketers use it.

The consumer research statistics show that this type of research is essential for understanding client behavior. However, less than 40% of marketers use it in their business.

19. Every good research needs graphs.

Doing research and choosing the best method for it is one thing, but presenting it to superiors is a different one. The importance of inferential statistics in every research is underestimated.

The inferential statistics made from research are the best way to tell about what you found out. This is done through graphs, tables, etc.

20. Inferential statistics in research is an important part of proving claims.

Descriptive and inferential statistics in research have a close connection and one can’t be complete without the other.

Key Takeaways

So now you see the true purpose of statistics in research! Their importance is undeniable.

Even though we might not be aware of it, research statistics are all around us. Marketing is almost completely done based on different research methods and statistics.

Almost all other industries are using statistics in research for creating better products. These products later benefit both us as consumers and help companies make profits.

So, what is the moral of the story?

Never underestimate research statistics.

Frequently Asked Questions

What are research methods and statistics?


Every business relies on proper research and creating a statistical analysis. These two are the core of understanding the needs and the path every company should take. By using different research methodology statistics, the companies find it easier to get results in their work.

What is meant by data in statistics?


In order to create a statistic in any research, you need information based on that research. The information collected is called statistical data.

What are the statistics in data analysis?


When the research is done, there’s a lot of data that came from it. Before a graph or any other statistics and research methodology is created, one needs to do data analysis. Upon doing so, there is no definitive answer to how much data is created on a daily basis. That means going over the information collected and analyzing what is inside, what it means, and what it shows.

How are descriptive statistics used in quantitative research?


First, we need to understand and realize the importance of statistics in research. Descriptive research statistics are illustrated by a graphic or any other form of describing the statistics that came from research.

Quantitative research statistics means collecting data about a certain matter where numbers play the main role. With it, the descriptive method in quantitative research means explaining the numbers from the research. The other option is using statistics in qualitative research, which means getting much deeper into explaining the research information.

Why do you need to use statistics in your research?


Imagine that you’ve made thorough research about a topic, but it is all just words and hypotheses. The people you’re presenting your research won’t actually understand what your research did and what the results were. That’s why you need to use at least some basic research methods and statistics.

Why are statistics an inseparable partner of research?


There are different types of statistics used in research. Whatever the researcher uses will be useful for the final research product. The research may pay more or less attention to details or to explain a certain topic, but without the statistical facts, ideas, and hypotheses of the researcher won’t hold any ground. That’s why the role of statistics in research is an inseparable part.

What are the descriptive statistics in research?


There are two types of descriptive statistics in research. Measures of central tendency and variability. The importance of descriptive statistics in research is that it helps the researcher explain their data and facts.

What is a research hypothesis in statistics?


When a person doing the research finds some interesting results they make a hypothesis based on them. For a better understanding of the research statistics, they will make a proposition based on facts and will explain the research statistics and data collected.

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