what are possible reasons for an observation trend?

Q: what situation does observation method fits in gathering data?

A: The research methodology describes the process that is taken up by the researcher to examine the…

Q: Examine any three (3) aspects evaluated in pilot testing a questionnaire in a research study

A: The objective of this question is to identify and explain three key aspects that are evaluated…

Q: Define monitoring studies

A: Business Research Business research is the process of gathering extensive information about all…

Q: explaining probability and non-probability sampling and describing the different types of each?

A: Sampling is a method of choosing information from a population based on different criteria. Sampling…

Q: Evaluate the advantages and disadvantages of distributing questionnaires through the mail, the…

A: Questionnaire consist of series of questions set in order to get responses from respondents which…

Q: Define and give an example of each of the methods of gathering survey data. Under what circumstances…

A: Definition of survey data: The resultant data acquired from a sample of respondents who did a survey…

Q: write a Methodology for quantitative and qualitative questionnaire & why should choose it. the…

A: The methodology is the general methodology that supports your exploration. You need to momentarily…

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: Define business analytics (BA)

A: Business Analytics (BA) is defined as the study of data and the statistical and operations analysis,…

Q: ’cause-effect graphing’ which was sometimes used to help derive the decision table

A: The cause- effect graphic is a kind of old way technique.

Q: Define statistical database.

A: Statistical research is used extensively in organizations so that past performance can be used to…

Q: What are similarities of Interrupted Time Series and Regression Discontinuity? What are some…

A: Statistical analysis is done by gathering and interpreting data so that it can help to discover…

Q: Why is randomization important in an experiment?

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

Q: List some Benefits and Limitations of using a Questionnaire to identify the impact of social media…

A: A questionnaire is a research instrument or tool used to collect data or information from…

Q: Analyse the maritime industry's usage of predictive profiling.

A: To identify possible hazards, threats, or opportunities based on patterns and behavior analysis,…

Q: What are the various Assumptions of Distributed Lag regression Model? Explain in detail?

A: The method of polynomial distributed lags can be used with cubic or even higher-order polynomials as…

Q: What is sampling?

A: The sample is the group of people who will participate in the study. To draw valid conclusions from…

Q: Describe the common sampling schemes?

A: The common types of sampling schemes are as follows: Simple random sampling: This is utilized, when…

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: What types of secondary data could be useful to inform the development of the questionnaire?…

A: Data that are being collected for the first time or extracted from genuine sources are primary data.…

Q: what are the Descriptive Statistics, Ordinal Scale and Dichotomous Variable?  What are the…

A: Descriptive Statistics:Descriptive statistics refers to a set of techniques used to summarize and…

Q: In a cohort study men were classified as having high or low cholesterol levels. Among the group with…

A: Given, in high cholesterol level group, 100 heart attacks occur in 4000 person years of follow up.…

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: Assume the president of the homeowners association in Happy Valley Subdivision has decided to…

A: 1.To find if the survey to be a sample or census of happy valley subdivision homeowners. The two…

Q: 11. Matching the sampling method with the most appropriate description One potential participant is…

A: Sampling is a process of selecting a subset of individuals from a larger population for the purpose…

Q: Describe the Analysis of Variables?

A: Introduction of sensitivity analysis The kind of changes that occurs in the Coefficients of a…

Q: discuss two sampling techniquesfor qualitative research

A: Probability sampling will always include some kind of random or probabilistic procedure to select…

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: advantages and disadvantages of the following methods of collecting data: Observation , Interview,…

A: Data collection is an important source for any firm to understand market dynamics. A combination of…

Q: A survey of 40 retail store reported the following amount of sales (in thousand) held in the month…

A: Given, Number of Sales Frequency 10-14 3 15-19 5 20-24 12 25-29 9 30-34 8 35-39 3

Q: Discuss sensitivity analysis.

A: Sensitivity Analysis is also known as what-if analysis which is a financial model that determines…

Forecasting

Forecasting is a methodology that uses historical data as inputs to make well-informed predictions about the course of future trends. Forecasting is the method of making forecasts based on historical and current data, most commonly by trend analysis. In the business world, forecasting is a basic statistical task. Forecasting is used by businesses to decide how to allocate their budgets or prepare for expected expenditures in the future. Forecasts help managers formulate and execute production plans by providing forecasts. The primary goal of forecasting is to make accurate predictions.