Answered: research methodoloy

Business

Management

research methodoloy

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

See similar textbooks

Related questions

Q: Imagine yourself working for the ‘research department’ of an institution or organization and you…

A: A research instrument can be defined as a tool which is used to gather evaluate and analyze data in…

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: 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: puterised statistical processe

A: Traditionally producers have well-known that each product has to have tolerance limits due to the…

Q: Explain the value added by the application of statistical process techniques?

A: SPC is a technique for determining whether a data are stationary and under control. Simple model…

Q: Evaluate the survey method used in the study and what are your suggestions

A: In above given case study the survey method used is an Interview survey method. INTERVIEW SURVEY…

Q: Practice 1: Simple Regression Practice 2: Multiple Regression nvest Profit Time Invest Profit 5 1 5…

A: Here, in simple regression, Y Data Profit- would be influenced by the X Variable-Invest and in…

Q: A company that sells and services car music systems has surveyed residents of the local area…

A: Every business will create value for a specific target market. One business cannot create value for…

Q: a. Complete the ANOVA table. (Round the MS- and F-values to 4 decimal places.) SOURCE DF SS…

A: Here to determine the MS and F-values by formulae: MS = SSdfF = MS regMS err

Q: 3. How does the TJC differ from the NMED? 4. Explain the tracer methodology.

A: Both the Joint Commission (TJC) and the New Mexico Environment Department (NMED) are organizations…

Q: What are 3 examples of factors that can affect the robustness of an analytical method?

A: Analytical methods can be defined as the tools, techniques, process and procedures which aids in…

Q: Fill in the blanks indicated by letters A through J in the image provided below.

A: Given:SUMMARY OUTPUT Regression Statistics Multiple RA R SquareB Adjusted R…

Q: You may need to use the appropriate appendix table or technology to answer this question. The…

A: The objective of the question is to calculate the point estimate of the difference between the two…

Q: Why is randomization important in an experiment?

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

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: Find the equation of regression lines and correlation coefficient from the following data. X 28 41…

A: =(28+41+40+38+35+33+46+32+36+33)/10=362/10=36.2…

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 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: describe four measurement scales used in business research.

A: Business research is a practical study about the data of the business that has to be studied…

Q: What proposed analysis of data and choice of statistical tests should be used for a recycling…

A: Business analytics uses the study and practice of data analysis to convert unactionable data into…

Q: Based on the following regression ANOVA table, what is R2? Source df SS MS F Regression 4…

A: The question involves understanding the concept of R-squared (R²) and components from an Analysis of…

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: iptive data analytic model? How are the two related or how are they different? Give example of each.

A: productivity analysis and prescriptive data analytic model

Q: Descriptive research designs can generate answers to all of the following types of questions except…

A: Descriptive research design - A research method that is used to describe a research problem,…

Q: Discuss at least 2 different data collection methods you could use. What are the differences…

A: Data collection is a fundamental step in any research process, aiming to gather relevant information…

Q: What statistical analysis/treatment can I use to interpret or answer this problem? (I have datasets)…

A: As we are advised by the team Bartleby if there are multiple questions then we have to attempt only…

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: 2. The sample mean is both an unbiased and consistent estimator of the population mean.In plain…

A: The objective of the question is to understand the concepts of unbiased and consistent estimator in…

Q: 4. You are hired as a marketing consultant by Pepsico to develop a research plan to improve their…

A: Market research is one of the significant steps in the marketing planning because through market…

Q: Discuss the value of observation in a research project.

A: Observational research can be stated as the research approach where and researcher observe or…

Q: Write Comments on the Use of Linear Regression Analysis?

A: Linear regression analysis is said to be a statistical method that helps to summarize the…

Q: Where does the information come from to develop an MPS?

A: Master Production Schedule (MPS).The MPS decides what products are manufactured and when. The…

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: Asse op management of the company. s affect the ssales performance.

A: sales organisation- a sales organisation in an organisation means where all the members are gathered…

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: What are the descriptive statistical tools used by many researches? Explain each tool.

A: Descriptive statistics provide a summary of data in the form of mean, median, and mode. It uses a…

Question

What is the research methodoloy associated with working in SPSS with a real estate data set of Sydney. Both the paramteric and non-parametric test are being performed.

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1: Defination

VIEW

Step 2: Explaination

VIEW

Solution

VIEW

Step by step

Solved in 3 steps

SEE SOLUTION Check out a sample Q&A here

Similar questions

Discuss the following methods of data collection methods. Be sure to include both merits and Demerits . Observation method b. Schedule Method i. Distinguish between cluster sampling and stratified sampling. Be sure to include the merits and dmerits of each of them
Why is it important to match the form of the data that is entered to statistical technique used for analysis?
What is the difference between Time series data and Cross sectional data. What are the examples of each.
Four sampling strategies have been proposed to help a bank determine whether customers favour opening on Saturdays versus keeping branches open longer during the week. For each, discuss what kind of sampling strategy is involved and what (if any) biases might result. (a) Sponsor a commercial during a TV program, asking people to dial one of two phone numbers to indicate which option they prefer. (b) Hold a meeting at each branch and tally the opinions expressed by those who attend the meetings. (c) Randomly select one day at each branch and contact every customer who visits the branch that day. (d) Go through the bank’s customer records, selecting every 100th customer. Hire a survey research company to interview the people chosen.
How efficient is an Regression analysis technique?
Nike CIO surveyed their employees at the R&D department and collected the following data to help him to decide whether employees should work from home or commute to the work. The data represents the number of miles that employees commute from home to work each day. There are two samples: one for males and one for females. Males: 13 5 2 23 23 14 5 Females: 15 6 3 2 6 Which of the following statements is true? Females have the larger range. The coefficient of variation is larger for males than for females. The coefficient of variation is larger for females than for males. Females have the larger mean.
Review the features of the program you chose and then state the ways the program could be useful in statistical analysis?
Using online journals or printed journals inthe library, locate a research project involvinga panel study. Describe the nature of the studydesign and its primary findings.
Based on the following regression ANOVA table, how many predictors are studied? Source df SS MS F Regression 4 1793.2356 448.3089 7.4854 Residual 45 2695.0996 59.8911 Total 49 4488.3352 1 3 4 5
Explain with examples the purpose of sampling in research.
In Carrying out research, what are the criteria for Questionnaire designing? What are different types of Questionnaires?
What is the difference between structured approach and semi-structured approach when collecting data?