Basic Business Statistics 11th Edition Chapter 1 Introduction and Data Collection Basic Business Statistics‚ 11e © 2009 Prentice-Hall‚ Inc. Chap 1-1 Learning Objectives In this chapter you learn: How Statistics is used in business The sources of data used in business The types of data used in business The basics of Microsoft Excel The basics of Minitab Basic Business Statistics‚ 11e © 2009 Prentice-Hall‚ Inc.. Chap 1-2 Why Learn Statistics? So you are
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EXECURTIVE SUMMARY PROBLEM Our client is unfamiliar with the Dutch market‚ we are to conduct an in-depth research of the target market in order to provide a deep understanding of the marketplace and its consumers. Research question: Will the product be able to capture the consumption of tea in the Dutch market? SECONDARY DATA COLLECTION DEMOGRAPHIC AGE DISTRIBUTION DATA Population The Hague to surpass the 500 thousand mark in September The population of The Hague is anticipated to surpass
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Business Research Methods‚ Part Three Business Research Methods‚ Part Three For Jose Cuervo to stay ahead of the game‚ qualitative and quantitative data must be collected to develop the new tequila line and stay ahead of the competition. Collecting quantitative data on the tequila is relatively easy‚ whereas collecting qualitative data‚ on the other hand taking a significantly larger and more meticulous effort. To collect such data a survey was conducted to determine whether or not Jose
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Introduction This report will give an overview of the aim behind collecting data‚ types of data collected‚ methods used and how the collection of the data supports the department’s practices. It will also give a brief outlook on the importance of legislation in recording‚ storing and accessing data. Why Organisations Need to Collect Data * To satisfy legal requirement: every few months there is some request from the government sector to gather‚ maintain and reports lots of information back
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researcher used Quantitative data collection methods. Using qualitative data collection method‚ it rely on random sampling and structured data collection instruments that fit diverse experiences into predetermined response categories. They produce results that are easy to summarize‚ compare‚ and generalize. Quantitative research is concerned with testing hypotheses derived from theory and/or being able to estimate the size of a phenomenon of interest. Depending on the research question‚ participants may
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Sampling and Data Collection Antonio Walker QNT 561 March 19‚ 2015 Samuel Imarhiagbe Sampling and Data Collection B.G.J. &W. Diamond Company is one of the most prominent diamond cutters‚ importers‚ and designers of fine jewelry in the country. Members of B.G.J. &W are Diamond Graduates of the Gemological Institute of America and proud members of the World Federation of Diamond Bourses and the Diamond Dealers Club of New York. As such‚ B.G.J. &W Diamond Company offers an astonishing assortment of
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Data Collection Methods III Questionnaires A questionnaire is a preformatted written set of questions to which respondents record their answers usually within rather closely defined alternatives. Questionnaires are an efficient data collection mechanism when the researcher knows exactly what is required and how to measure the variables of interest. Questionnaires can be administered personally‚ mailed to the respondents‚ or electronically distributed. Guidelines for Questionnaire Design
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Ethical Considerations According to the Internal Review Board (IRB) ethical guidelines‚ the researcher must adhere to the principal investigator’s (PI) responsibilities. IRB guidelines require the PI to obtain written informed consent from all participants. That is to ensure that all target participants are advised of the potential risks‚ benefits‚ and alternatives of the study‚ as well as their rights. It also demonstrates the ethical principles of reverence for persons‚ beneficence‚ and fairness
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Data Collection Paper Week 2 Research Paper RES 341 University of Phoenix Real Estate Research Week 2 Real Estate provides individuals with a source of investment for his or her future. Owning a piece of real estate could be a business investment‚ or in the case of this research‚ a home for an individual or a family. When a person purchases a home there are many things to consider. The most common information to review is square footage‚ price‚ amount of bedrooms‚ bathrooms
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Data Collection and Analysis The research project chosen was the comparison of the 12 ounce cans of Pepsi and Coke. The research team of five‚ individually purchased and tested 3 cans each of Pepsi and Coke. Enclosed below will be the procedure which was followed to obtain the data. The methodology used to measure the liquid was changed to accommodate the way that the tools recorded the measurements. The implications of the changes will be discussed to show that the integrity of the process was
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