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USING DESCRIPTIVE ANALYSIS

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  • USING DESCRIPTIVE ANALYSIS

    Copyright 2010 Pearson Education, Inc. publishing as Prentice Hall

  • Coding Data and the Data Code BookData entry refers to the creation of a computer file that holds the raw data taken from all of the questionnaires deemed suitable for analysis

    Data coding refers to the identification of codes that pertain to the possible responses for each question on the questionnaire

  • Coding Data and the Data Code BookData code book identifies all of the variable names and code numbers associated with each possible response to each question that makes up the data set

  • Types of Statistical Analyses Used in Marketing Research

  • Types of Statistical Analyses Used in Marketing ResearchFive Types of Statistical Analysis: Descriptive analysis: used to describe the data set

    Inferential analysis: used to generate conclusions about the populations characteristics based on the sample data (confidence intervals and hypothesis test)

  • Types of Statistical Analyses Used in Marketing ResearchFive Types of Statistical Analysis: Differences analysis: used to compare the mean of the responses of one group to that of another group

    Associative analysis: determines the strength and direction of relationships between two or more variables (crosstabs and correlations)

  • Types of Statistical Analyses Used in Marketing ResearchFive Types of Statistical Analysis: Predictive analysis: allows one to make forecasts for future events (regressions)

  • Understanding Data Via Descriptive AnalysisTwo sets of descriptive measures:Measures of central tendency: used to report a single piece of information that describes the most typical response to a question

  • Understanding Data Via Descriptive AnalysisMeasures of Central Tendency:Mode: the value in a string of numbers that occurs most oftenMedian: the value whose occurrence lies in the middle of a set of ordered values

  • Understanding Data Via Descriptive AnalysisMeasures of Central Tendency:Mean: sometimes referred to as the arithmetic mean; the average value characterizing a set of numbers

  • Understanding Data Via Descriptive AnalysisTwo sets of descriptive measures:Measures of variability: used to reveal the typical difference between the values in a set of values

  • Understanding Data Via Descriptive AnalysisMeasures of Variability:Frequency distribution reveals the number (percent) of occurrences of each number or set of numbers

    Range identifies the maximum and minimum values in a set of numbers

  • Understanding Data Via Descriptive AnalysisMeasures of Variability:Standard deviation indicates the degree of variation in a way that can be translated into a bell-shaped curve distribution

  • When to Use a Particular Statistic