Discuss the uses of observations, questionnaires,panels, experiments, and newer data collection methods

Q: Give a theoretical view of data analysis.

A: Before taking any decision a company collects various information as per the required situation. The…

Q: What is the purpose of online analytical processing (OLAP)? What is an OLAP system?

A: Online processing technology system or OLAP is a software technology that can allow businesses to…

Q: Explain the Elemental Standard Data method?

A: Elemental standard- time data are generated from the studies of the previous time or arranged in the…

Q: Identify the four most typical types of basic data.

A: Data types are significant ideas in statistics, they empower us to apply factual estimations…

Q: explain the importance of sampling in the business research studies.

A: Sampling enables researchers to collect data from a smaller subset of a larger population, sampling…

Q: Critically discuss the following methods and or instruments of data collection. For each method,…

A: A questionnaire is a commonly used data collection method that is used for collecting both…

Q: Why is randomization important in an experiment?

A: Randomization is important because : Randomization, which helps to reduce bias, can increase the…

Q: What are the two types of simple random sample selectionmethods? Which of the two methods is used…

A: The two types of simple random sample selection method are: Lottery method Use of random number…

Q: Data Validation Individual Learning Exercise Arrange the list of employees in their respective…

A: Departmentalization is a process in which the jobs or activities are grouped together in functional…

Q: Understand the primary techniques used to analyze diagnostic data. Outline the process issues…

A: After the collection of the diagnostic data, it is important that these data sets are analyzed…

Q: In representing qualitative data, we might use a) Histograms b) Scatter plots c) Pie charts d)…

A: Qualitative data can be stated as the descriptive and conceptual knowledge or data gathered through…

Q: Identify the different types of surveymethods.

A: Research is the most important activity in any field. It has the humanity to understand better about…

Q: As part of case-study research based in a textile company with over 800 customers, you have been…

A: The research process can be defined as the process of choosing a problem, gathering information,…

Q: In examining parental involvement at xyz Primary School, insights were garnered from 15 parents, 15…

A: To understand the value of parental involvement in XYZ primary schools, we conducted a survey…

Q: Explain the difference between an observational study and a designed experiment.

A: Meaning:An observational study in an experiment is defined as a study where the research does not…

Q: Explain why we need to use a pareto chart to achieve total quality in the hospitality industry?

A: Pareto chart is the visual representation of defects or problems that shows their frequency and…

Q: Discuss the rationale of data management in health research.

A: Data management plays a crucial role in health research for several reasons. It ensures the…

Q: brief description of the methodology employed for the research on US bangla airlines

A: Research helps to create assumptions, and then collect the data by carrying out experiments to test…

Q: Discuss the advantages of using the Internet for implementing a survey.

A: The advantages of using the Internet for implementing a survey are: 1.Increased rate of response:…

Q: Different types of rating scale which can be used in research?

A: Rating scale refers to a method in which necessary data is collected related to a specific subject.…

Q: Describe the strengths and weaknesses of quantitative vs. qualitative methods in data analysis.

A: Quantitative and qualitative methods in data analysis each have their strengths and weaknesses, and…

Q: Explore the ethical considerations and data privacy issues associated with collecting and using…

A: Collecting and using customer data in Customer Relationship Management (CRM) can offer numerous…

Q: Develop a problem statement and deduce a research objective for survey that was conducted by a…

A: A school canteen plays a vital role in promoting healthy foods and creating a culture of healthy…

Q: Explain the significance of "slowly changing dimensions" (SCD) in data warehousing.

A: In the realm of data warehousing, the accurate and comprehensive representation of historical data…

Q: Explain the term data analysis and give Two real life examples of using it .

A: The research process is comprised of several steps among which analysis of data is one of them.…

Q: Six characteristics characterize the quality of data.

A: Data quality is defined as the measure of how well suited a data set is to serve the purpose. Data…

Q: List and describe the stages involved in data analysis.

A: Below mentioned are the various importance of data analysis: 1. The first importance of data…

Q: Explain how the choice of a survey mode affects the choice of a sampling frame

A: The frame alludes to the rundown of units in the survey population. Since the choice of the sample…

Q: In a Research Project, how will questionnaires be implemented in practice? What are the specific…

A: Implementing questionnaires in a research project involves careful planning, design, distribution,…

Q: Discuss the role of sampling in market research

A: Introduction : An essential component of market research is sampling. It is a technique that allows…

Q: Six factors are used to assess the quality of data.

A: Accuracy : Among marketers who purchase demographic data, 84% say that accuracy is vital to their…

Market Research Methodology

Market research refers to employing strategies, collecting data, and studying the target audience of a product by an organization. Businesses analyze customer data to figure out consumer trends, improve product design, improve user experience, develop customer-centric marketing campaigns, generate high-quality leads, and boost conversion rates. Phone surveys, test marketing strategies, and focus groups can be used for marketing research.