Path analysis

Last updated

Path Analysis may refer to:

In statistics, path analysis is used to describe the directed dependencies among a set of variables. This includes models equivalent to any form of multiple regression analysis, factor analysis, canonical correlation analysis, discriminant analysis, as well as more general families of models in the multivariate analysis of variance and covariance analyses.

Path analysis, is the analysis of a path, which is a portrayal of a chain of consecutive events that a given user or cohort performs during a set period of time while using a website, online game, or eCommerce platform. As a subset of behavioral analytics, path analysis is a way to understand user behavior in order to gain actionable insights into the data. Path analysis provides a visual portrayal of every event a user or cohort performs as part of a path during a set period of time.

Critical path method

The critical path method (CPM), or critical path analysis (CPA), is an algorithm for scheduling a set of project activities. It is commonly used in conjunction with the program evaluation and review technique (PERT). A critical path is determined by identifying the longest stretch of dependent activities and measuring the time required to complete them from start to finish.

Related Research Articles

Analysis is the process of breaking a complex topic or substance into smaller parts in order to gain a better understanding of it. The technique has been applied in the study of mathematics and logic since before Aristotle, though analysis as a formal concept is a relatively recent development.

Path loss, or path attenuation, is the reduction in power density (attenuation) of an electromagnetic wave as it propagates through space. Path loss is a major component in the analysis and design of the link budget of a telecommunication system.

Monte Carlo methods, or Monte Carlo experiments, are a broad class of computational algorithms that rely on repeated random sampling to obtain numerical results. The underlying concept is to use randomness to solve problems that might be deterministic in principle. They are often used in physical and mathematical problems and are most useful when it is difficult or impossible to use other approaches. Monte Carlo methods are mainly used in three problem classes: optimization, numerical integration, and generating draws from a probability distribution.

Economist professional in the social science discipline of economics

An economist is a practitioner in the social science discipline of economics.

Life-cycle assessment is a technique to assess environmental impacts associated with all the stages of a product's life from raw material extraction through materials processing, manufacture, distribution, use, repair and maintenance, and disposal or recycling. Designers use this process to help critique their products. LCAs can help avoid a narrow outlook on environmental concerns by:

Bibliometrics is statistical analysis of written publications, such as books or articles. Bibliometric methods are frequently used in the field of library and information science, including scientometrics. For instance, bibliometrics are used to provide quantitative analysis of academic literature or for evaluating budgetary spending. Citation analysis is a commonly used bibliometric method which is based on constructing the citation graph, a network or graph representation of the citations between documents. Many research fields use bibliometric methods to explore the impact of their field, the impact of a set of researchers, the impact of a particular paper, or to identify particularly impactful papers within a specific field of research. Bibliometrics also has a wide range of other applications, such as in descriptive linguistics, the development of thesauri, and evaluation of reader usage.

Feasibility Study is an assessment of the practicality of a proposed project or system.

Structural equation modeling Form of causal modeling that fit networks of constructs to data

Structural equation modeling (SEM) is a form of causal modeling that includes a diverse set of mathematical models, computer algorithms, and statistical methods that fit networks of constructs to data. SEM includes confirmatory factor analysis, confirmatory composite analysis, path analysis, partial least squares path modeling, and latent growth modeling. The concept should not be confused with the related concept of structural models in econometrics, nor with structural models in economics. Structural equation models are often used to assess unobservable 'latent' constructs. They often invoke a measurement model that defines latent variables using one or more observed variables, and a structural model that imputes relationships between latent variables. The links between constructs of a structural equation model may be estimated with independent regression equations or through more involved approaches such as those employed in LISREL.

Ordination or gradient analysis, in multivariate analysis, is a method complementary to data clustering, and used mainly in exploratory data analysis. Ordination orders objects that are characterized by values on multiple variables so that similar objects are near each other and dissimilar objects are farther from each other. Such relationships between the objects, on each of several axes, are then characterized numerically and/or graphically. Many ordination techniques exist, including principal components analysis (PCA), non-metric multidimensional scaling (NMDS), correspondence analysis (CA) and its derivatives, Bray–Curtis ordination, and redundancy analysis (RDA), among others.

Legal citation is the practice of crediting and referring to authoritative documents and sources. The most common sources of authority cited are court decisions (cases), statutes, regulations, government documents, treaties, and scholarly writing.

AutoAnalyzer

The AutoAnalyzer is an automated analyzer using a flow technique called continuous flow analysis (CFA), first made by the Technicon Corporation. The instrument was invented in 1957 by Leonard Skeggs, PhD and commercialized by Jack Whitehead's Technicon Corporation. The first applications were for clinical analysis, but methods for industrial analysis soon followed. The design is based on separating a continuously flowing stream with air bubbles.

Web analytics is the measurement, collection, analysis and reporting of web data for purposes of understanding and optimizing web usage. However, Web analytics is not just a process for measuring web traffic but can be used as a tool for business and market research, and to assess and improve the effectiveness of a website. Web analytics applications can also help companies measure the results of traditional print or broadcast advertising campaigns. It helps one to estimate how traffic to a website changes after the launch of a new advertising campaign. Web analytics provides information about the number of visitors to a website and the number of page views. It helps gauge traffic and popularity trends which is useful for market research.

Static timing analysis (STA) is a simulation method of computing the expected timing of a digital circuit without requiring a simulation of the full circuit.

Spatial analysis Formal techniques which study entities using their topological, geometric, or geographic properties

Spatial analysis or spatial statistics includes any of the formal techniques which study entities using their topological, geometric, or geographic properties. Spatial analysis includes a variety of techniques, many still in their early development, using different analytic approaches and applied in fields as diverse as astronomy, with its studies of the placement of galaxies in the cosmos, to chip fabrication engineering, with its use of "place and route" algorithms to build complex wiring structures. In a more restricted sense, spatial analysis is the technique applied to structures at the human scale, most notably in the analysis of geographic data.

The Protected Media Path is a set of technologies creating a "Protected Environment," first included in Microsoft's Windows Vista operating system, that is used to enforce digital rights management protections on content. Its subsets are Protected Video Path (PVP) and Protected User Mode Audio (PUMA). Any application that uses Protected Media Path in Windows uses Media Foundation.

Weld quality assurance is the use of technological methods and actions to test or assure the quality of welds, and secondarily to confirm the presence, location and coverage of welds. In manufacturing, welds are used to join two or more metal surfaces. Because these connections may encounter loads and fatigue during product lifetime, there is a chance they may fail if not created to proper specification.

The decision-making paradox relates to decision-making and the quest for determining reliable decision-making methods. It was first described in 1989, and has been recognized in the related literature as a fundamental paradox in multi-criteria decision analysis (MCDA), multi-criteria decision making (MCDM) and decision analysis since then.

SmartPLS

SmartPLS is a software with graphical user interface for variance-based structural equation modeling (SEM) using the partial least squares (PLS) path modeling method. Besides estimating path models with latent variables using the PLS-SEM algorithm, the software computes standard results assessment criteria and it supports additional statistical analyses. Since SmartPLS is programmed in Java, it can be executed and run on different computer operating systems such as Windows and Mac.

Main path analysis

Main path analysis was first proposed by Hummon and Doreian. It is a mathematical tool to identify the major paths in a citation network, which is one form of a directed acyclic graph (DAG). The method begins by measuring the significance of all the links in a citation network through the concept of ‘traversal count’ and then sequentially chains the most significant links into a "main path", which is deemed the most significant historical path in the target citation network. The method is applicable to any human activity that can be organized in the form of a citation network. The method is commonly applied to trace the knowledge flow paths or development trajectories of a science or technology field, through bibliographic citations or patent citations. It has also been applied to judicial decisions to trace the evolving changes of legal opinions. Main path analysis has attracted scholars attention recently. Academic research related to main path analysis saw a fast growing since 2007. A list of academic articles that introduce, explain, apply, modify, or extend the method originated in Hummon and Doreian can be found here.