Understanding Business Research - 1297 Words

Understanding Business Research Terms and Concepts Anna M Teffeau RES/351 - BUSINESS RESEARCH 6/30/2014 Annette West Understanding Business Research Terms and Concepts There are many different types of quantitative data collection instruments and sampling methods available to researchers. The ones that I have picked for the purpose of his paper are questionnaire, sampling and surveying. Each can be a value to a researcher when completed with accuracy. Validity is the degree to which an instrument measure what it is purports to measure. Invalid instruments can lead to erroneous research conclusions, which in turn can influence educational decisions. Reliability is the internal consistency or stability of the measuring device†¦show more content†¦When analyzing data, such as the marks achieved by 100 students for a piece of coursework, it is possible to use both descriptive and inferential statistics in your analysis of their marks. Typically, in most research conducted on groups of people, you will use both descriptive and inferential statistics to analyses your results and draw conclusions. So what are descriptive and inferential statistics? And what are their differences? Descriptive statistics is the term given to the analysis of data that helps describe, show or summarize data in a meaningful way such that, for example, patterns might emerge from the data. Descriptive statistics do not, however, allow us to make conc lusions beyond the data we have analyzed or reach conclusions regarding any hypotheses we might have made. They are simply a way to describe our data. Descriptive statistics are very important because if we simply presented our raw data it would be hard to visualize what the data was showing, especially if there was a lot of it. Descriptive statistics therefore enables us to present the data in a more meaningful way, which allows simpler interpretation of the data. For example, if we had the results of 100 pieces of students coursework, we may be interested in the overall performance of those students. We would also be interested in the distribution or spread of the marks. Descriptive statistics allow us to do this. How to properly describe data through statisticsShow MoreRelatedUnderstanding Business Research Terms and Concepts Part 21644 Words   |  7 PagesUnderstanding Business Research Terms and Concepts: Part 2 Justin Wilson RES 351 Business Research 31 Mar 2015 Biman Ghosh Descriptive statistics is the term given to the analysis of data that helps describe, show or summarize data in a meaningful way such that, for example, patterns might emerge from the data. Descriptive statistics do not, however, allow us to make conclusions beyond the data we have analysed or reach conclusions regarding any hypotheses we might have made. They areRead MoreUnderstanding Business Research Terms and Concepts: Part 2 Essay1240 Words   |  5 Pagesï » ¿ Understanding Business Research Terms and Concepts: Part 2 April Molley University of Phoenix RES/351 Amy Ginsburg The first article discusses the overall Health of Lesbian, Gay, Bisexual, and Transgender people; and Building a Foundation for a better understanding. In this article you will find accompanying research on the generally health status of the LGBT community. A condition in order to review existing research on sexual-gender-minorityRead MoreUnderstanding Business Research Terms and Concepts: Part 1 Essay824 Words   |  4 Pagesï » ¿Understanding Business Research Terms and Concepts: Part 1 Two research studies, The Workers Compensation Experience: A Qualitative Exploration of Workers Beliefs Regarding the Impact of the Compensation System on Their Recovery and Rehabilitation and A Comparative Study between Army Civilian Workforce and Private Industry Workforce Workers Compensation Claims Management, pertaining to worker’s compensation will be analyzed. This paper will identify the research design used in each articleRead MoreUnderstanding Business Research Terms and Concepts: Part 2 Essay914 Words   |  4 PagesUnderstanding Business Research Terms and Concepts: Part 2 Ming D. Lee RES/351 April 18, 2016 Dr. Linda F Florence Understanding Business Research Terms and Concepts: Part 2 Descriptive statistics Descriptive statistics suggests a straightforward quantitative outline of a data-set which has been gathered. It helps us comprehend the experimentation or data-set in-detail and tells people concerning the mandatory details that help show the data perceptively. Descriptive statistics, we justRead MoreEssay on Business Research for Decision Making1696 Words   |  7 PagesBusiness Research for Decision Making The work of decision making involves choosing between issues that require attention, setting goals, designing suitable courses of action and choosing among several alternatives through the evaluation of each one of the alternatives. Of great importance in decision making is the choosing between the several alternatives. The effectiveness of this work of decision making is of great importance for the well being of every business activity and determines the successRead MoreGlobal C Suite Programme On Corporate Executives Essay1475 Words   |  6 PagesINTRODUCTION A recent study conducted by IBM under its Global C-suite programme on corporate executives revealed that a comparatively low percentage of New Zealand business hold that they understand their customers (IBM Global Business Services, 2014). According to the study, only sixteen percent of top corporate executives (CEOs, CFOs, COOs and other C-level executives) in New Zealand believe that they understand their clients or consumers. The figure is relatively low if compared to the globalRead MoreEssay on Applied Business Research Case Study935 Words   |  4 PagesThe field of business management continues to evolve as organizations engage in the ever-changing global market. After years of unscrupulous corporate leaders managing and leading some of the world’s biggest corporations to failure, researchers and business leaders realize the need for ethical and sound leadership. The need for ethical and sound leadership helps to facilitate and manage daily operations and to sustain their competitive advantage within the global economy. However, with this evolutionRead More1.0 INTRODUCTION In this chapter, the background to the study is given, a statement of the1100 Words   |  5 Pages0 INTRODUCTION In this chapter, the background to the study is given, a statement of the research problem is made, the objectives of the study are spelt out, research questions are posed; the significance of the study captured, followed by the scope and limitations of the study; a brief research methodology is provided and the disposition/structure of the study outlined. 1.1 BACKGROUND OF THE STUDY Business reality has been modified in the last few decades and is characterized by change. More thanRead MoreA Reflection Of A Reflective Journal1593 Words   |  7 Pagesreflections and experience recorded during the Postgraduate Diploma in Business Enterprise (PGDipBE) which I followed at the Southern Institute of Technology (SIT) at Invercargill last year. THE COURSE The aim of the PGDipBE course is to help individuals learn the total concept of commencing a business on their own. The course consisted of seven business related subjects which were Finance and Accounting Management, Business Enterprise Management, Enterprise Information Communications TechnologyRead MoreSupply Chain Management Essay957 Words   |  4 PagesThe first research publication presents guidelines on focus to the study one development efforts to enabling firms or companies to benefit from e-business in the (SCM) supply chain management. The type of presented resources allocation is based on exports opinions. The previous study (Christopher, 1998) it has identified that the tasks orientated, and interaction centred which focus on groups workload as an ideal methodology for exploring the experience of professionals and experience describing