Methods of Data Collection and Quality Assessment in Economic Analysis

Authors

  • Raximova Umida Ziyadullayevna Senior Lecturer at the Department of “Higher Mathematics”, Samarkand Institute of Economics and Service
  • Ne’matillayev Jaxongir Ne’matilla ugli Student at the Samarkand Institute of Economics and Service
  • Umarov Faxriddin Sherzod ugli Student at Samarkand Institute of Economics and Service

Keywords:

Economic Analysis, Data Collection, Data Quality, Accuracy, Reliability, Completeness, Relevance, Econometric Model, Regression Analysis, Statistical Methods, Coefficient of Variation, Mean Squared Error, Economic Indicators, Database, Analysis Methods

Abstract

This article examines the methods of data collection and quality assessment in economic analysis. During the research, key criteria such as data accuracy, reliability, completeness, and relevance were analyzed. Data quality was evaluated using statistical and econometric methods, including mean squared error, coefficient of variation, and regression analysis. The results showed that high-quality data ensures the accuracy and reliability of economic analysis outcomes. Additionally, the article develops practical recommendations for improving data collection and verification processes.

References

[1] M. Khusanov, “The Role of the Service Sector in the National Economy: Economic and Statistical Analysis,” Journal of Economy and Innovative Technologies, vol. 12, no. 2, pp. 209–221, 2024.

[2] A. Khudayarov, “Economic Analysis and Development Opportunities of the Service Sector,” Journal of Innovative Economy, vol. 3, no. 3, 2024–2025.

[3] A. Suyunov, “Analysis of the Service Sector and Its Current State in Uzbekistan,” Journal of Green Economy and Development, vol. 2, no. 8, 2024.

[4] K. K. Nurullaeva, “The Role of the Service Sector in the Socio-Economic Development of the Republic of Uzbekistan,” American Journal of Social Sciences and Humanity Research, vol. 5, no. 4, pp. 37–39, 2025.

[5] A. Sheraliyev, “Development Trends and Prospects of the Service Sector in Uzbekistan,” Green Economy and Development, 2025.

[6] L. N. Xalikova and A. M. Eshqo‘ziyev, “Innovative and Economic Mechanisms for Developing Service Sector Branches within the Framework of the Development Strategy of New Uzbekistan,” Journal of Research (Tadqiqotlar Jurnali), 2026.

[7] F. D. Juraev, U. Z. Rakhimova, A. J. J. Kizi, and M. M. S. Kizi, “Econometric Assessment of Factors and Economic Efficiency of Foreign Investment Flows into Tourism Infrastructure Projects,” SJ International Insights (SJII), vol. 49, pp. 90–97, Dec. 2025.

[8] R. U. Ziyadullayevna, “Foreign Strategic Approaches to Optimizing the Regional Tourism Innovation System,” Asian Journal of Economics, Business and Management (AJEBM), vol. 8, no. 12, pp. 6187–6193, Dec. 2025.

[9] U. Z. Rakhimova, “Current State of Tourism Infrastructure,” SERVIS Journal, no. 4, 2024.

[10] U. Z. Rakhimova, “The Role of Mathematics in the Development of the Tourism Industry,” Economics and Society: International Journal, no. 4(119), 2024.

[11] A. Isomiddin Ugli, “Econometric Analysis of Lending to Small Businesses in Commercial Banks,” Asian Journal of Economics, Business and Management (AJEBM), vol. 9, no. 2, pp. 168–175, Feb. 2026.

[12] [M. D. Muminovna and S. K. Faxriddin Qizi, “Institutional Mechanisms of Risk Management in Banking: The Impact of Digital Transformation and Regulatory Frameworks,” Asian Journal of Economics, Business and Management (AJEBM), vol. 9, no. 4, pp. 71–78, Apr. 2026.

[13] World Bank, World Development Indicators 2024. Washington, DC: World Bank, 2024.

[14] International Monetary Fund, International Financial Statistics 2024. Washington, DC: IMF, 2024.

[15] State Statistics Committee of the Republic of Uzbekistan, Official Statistical Data Collection. Tashkent, 2024.

Downloads

Published

2026-04-28

How to Cite

Raximova Umida Ziyadullayevna, Ne’matillayev Jaxongir Ne’matilla ugli, & Umarov Faxriddin Sherzod ugli. (2026). Methods of Data Collection and Quality Assessment in Economic Analysis. Web of Scholars : Multidimensional Research Journal, 5(2), 62–65. Retrieved from https://journals.innoscie.com/index.php/wos/article/view/207

Similar Articles

<< < 1 2 3 4 5 6 > >> 

You may also start an advanced similarity search for this article.