BUISENESS MANAGEMENT
MARKETING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Research Data
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Quantitative Data
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Number Data
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Qualitative Data
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Detailed explanation-1: -Quantitative research seeks to quantify a phenomenon. It’s more structured, objective, and helps reduce researcher biases. It gets at the what of a person’s behavior by answering questions like how many, how often, and to what extent? Quantitative data is numerical.
Detailed explanation-2: -There are three types of quantitative data, and each carries valuable information: discrete, continuous, and interval (as compared to ratio) data.
Detailed explanation-3: -Quantitative research can help you answer questions such as “how many” and “how often” and is invaluable when putting together a business case before launching a new product or service, or proposing changes to existing ones.
Detailed explanation-4: -Data may be grouped into four main types based on methods for collection: observational, experimental, simulation, and derived. The type of research data you collect may affect the way you manage that data.
Detailed explanation-5: -There are four main types of Quantitative research: Descriptive, Correlational, Causal-Comparative/Quasi-Experimental, and Experimental Research. attempts to establish cause-effect relationships among the variables. These types of design are very similar to true experiments, but with some key differences.