Computer-implemented method, computer program product and system for data analysis

A computer-implemented method for analyzing data obtained for a chemical and/or biological process comprises: obtaining a result of statistical data analysis on the data obtained with respect to the chemical and/or biological process; calculating, for values of process parameters obtained at groups of time points during batch processes of the chemical and/or biological process, a ratio of a correlation value to a confidence value of the correlation value, the correlation value indicating a correlation between the values of the process parameter and at a process output value; calculating, for process parameters, an average of absolute values of the ratios calculated for the values of the process parameter obtained at different groups of time points during the batch processes; excluding the values of one of the process parameters having a smallest average; and iterating, until at least one specified condition is met.