Selecting an appropriate indicator is a critical step in the analysis of data. An indicator is a measure that helps to quantify and track changes over time. It can be used to assess the performance of a system, process, or organization. Indicators are used in a wide variety of fields, including economics, finance, healthcare, and education.
There are many factors to consider when choosing an indicator. The most important factor is the purpose of the analysis. What are you trying to measure? Once you know the purpose of the analysis, you can start to narrow down your choices.