Primary navigation:

QFINANCE Quick Links
QFINANCE Topics
QFINANCE Reference

Home > QFINANCE Dictionary > Definition of data reduction

Definition of

data reduction

Statistics

summarizing large data sets the process of summarizing large data sets into histograms or frequency distributions so that calculations such as means can be made

Definitions of ’data reduction’ and meaning of ’data reduction’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’data reduction’ and other financial terms with our online QFINANCE Financial Dictionary.

Back to top