Data analysis refers to the inspection of results to determine any relationships between concepts, constructs or variables; to identify patterns or trends; or to establish themes in the data.
Regardless of whether the data is qualitative or quantitative, analysis may:
Source:
Baxter, L., Hughes, C. & Tight, M. 2010. Ch.8: Preparing to analyse your data. How to research. Berkshire: Mcgraw-Hill. 211-226
The following are common data analysis tools or programmes:
Also consult Web Pages that Perform Statistical Calculations (StatPages.org)
In order to effectively interpret your observations you need to relate it to existing theoretical frameworks, take rival explanations into account and explain how the data supports your interpretation. Interpretations are articulated in the form of hypotheses or theories.
Source:
Mouton, J. 2001. How to succeed in your master's & doctoral studies: a South African guide and resource book. Pretoria: Van Schaik.
The type of analysis you do is generally dependent on whether your data is quantitative or qualitative. Methods of analysis may also differ by scientific discipline. The optimal stage for determining appropriate analytic procedures occurs early in the research process and should not be an afterthought.
Image source: http://9mathsmrsrae.edublogs.org/
Source:
Mouton, J. 2001. How to succeed in your master's & doctoral studies: a South African guide and resource book. Pretoria: Van Schaik.
A short video by Prof Jeff Leeks on the landscape of data analysis.