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Research Design And Stats Paper

Submitted by kassy1 on May 18, 2008

Category: Business
Words: 373 | Pages: 2
Views: 268
Popularity Rank: 52,309
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Research Design and Statistics Concepts Worksheet
Concept Application of Concept in Scenario Reference to Concept in Reading

Descriptive statistics:
• data that is organize
• it is data that is summarized
• data is presented in an informative way

Brian and Mary of USA World Bank did not understand the research methods that were employed by Best Market. The data presented was not truly organized or summarized in way that represented the market that USA World was attempting to capture. (Lind, Marchal, and Wathen, 2004, p. 6)

There are various types of sampling methods that can be used for research

Bea, board member, noted that sample data collected was not as diversified as it should have been to provide the board with the information needed to make their decision as to which project would be rolled out. The marketing team should have used a stratified random sampling technique. If the marketing team had employed this tactic then a more concise representation of the market would have been made noted. (Lind, Marchal, and Wathen, 2004, p. 254)

It is important to determine the validity and reliability of the data that is being research prior to making a presentation. In order for this to occur the following must be considered:
• content
• criterion-related
• concurrent
• predititive
• construct

Bea asked Brian several questions regarding the validity of his research. Each of the questions presented questioned the type of criteria utilized for the research performed; another question dealt with the content of the research obtain. Bea could not see how the results would correlate into increase profits for the USA World Bank (Cooper and Schindler, 2003, p. 232)

Research process detailed

Mary failed to obtain research information from Best Research regarding...

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