brm lecture 16-19, 22-23

Upload: sajalagarwalibs

Post on 05-Apr-2018

217 views

Category:

Documents


0 download

TRANSCRIPT

  • 7/31/2019 BRM Lecture 16-19, 22-23

    1/67

    Thurstone Scale

    Thurstone scale was the first formal

    technique for measuring attitude. There are three types of scale

    Equal-appearing intervals method

    Successive intervals method

    Paired comparisons method

    Business Research MethodsPage 1

  • 7/31/2019 BRM Lecture 16-19, 22-23

    2/67

    Thurstone Scale

    Write statements (positive and negative)

    related to the attitude under study. Judges are asked to sort the statements

    into eleven (11) stacks from most positive

    to most negative.

    Business Research MethodsPage 2

    1 2 3 4 5 6 7 8 9 10 11

    Neutral Most +tv /Favourable

    Most -tv /Unfavourable

  • 7/31/2019 BRM Lecture 16-19, 22-23

    3/67

    Thurstone Scale

    For each statement, plot the distribution

    of points assigned by the judges.

    Business Research MethodsPage 3

    0

    1

    2

    3

    4

    5

    6

    7

    8

    1 2 3 4 5 6 7 8 9 10 11

    Median

    Inter Quartile Range(Q3-Q1)

    Choosethose itemsthat are at

    equalintervals

    (from 1 to 11)and that

    have thesmallestinter quartile

    range

  • 7/31/2019 BRM Lecture 16-19, 22-23

    4/67

    Thurstone Scale

    For final selection of items of the scale,

    sort the table of Medians and Interquartile Range 1st in ascending order by

    Median and then in descending order by

    Inter quartile Range. Select statements that are at equal

    intervals across the range of medians.

    Business Research MethodsPage 4

  • 7/31/2019 BRM Lecture 16-19, 22-23

    5/67

    Thurstone Scale

    We may select one statement for each of

    the 11 median values. For the samemedian value, select the statement that

    has the smallest Inter Quartile Range

    (because this is the statement with the least variabilityacross all judges).

    The median values of the statements are

    weight of the statements. (Do not display the

    weights in the questionnaire).

    Questionnaire is ready.Business Research MethodsPage 5

  • 7/31/2019 BRM Lecture 16-19, 22-23

    6/67

    Thurstone Scale

    Subjects are asked to tick the statements

    that they agree.A Subjects score (agreement with

    favourableness) is the average of the weights

    of all the items that he/she agrees with.

    Business Research MethodsPage 6

  • 7/31/2019 BRM Lecture 16-19, 22-23

    7/67

    Semantic Differential

    Semantic differential is a type of a rating

    scale designed to measure theconnotative meaning (beyond the literal

    meaning) of events, concepts or attitudes.

    It measures people's reactions in terms ofratings on bipolar scales defined with

    contrasting adjectives at each end.

    For me skipping class is

    Good _ _ _ _ _ _ _ _ _ _ _ Bad.

    Business Research MethodsPage 7

  • 7/31/2019 BRM Lecture 16-19, 22-23

    8/67

    Semantic Differential

    Please rate car model A on each of the

    following dimensions Durable_ _ _ _ _ _ _ _ _ _ _Not durable

    Low fuel cons. _ _ _ _ _ _ _ _ _ _ _High fuel cons.

    Business Research MethodsPage 8

  • 7/31/2019 BRM Lecture 16-19, 22-23

    9/67

    Semantic Differential

    A subject checks one blank indicating his

    opinion. Blanks are scored 1-7. Groups ofsubjects can then be compared.

    Business Research MethodsPage 9

  • 7/31/2019 BRM Lecture 16-19, 22-23

    10/67

    Survey Research

    Business Research MethodsPage 10

  • 7/31/2019 BRM Lecture 16-19, 22-23

    11/67

    Survey Research

    Survey research is used to quantitatively

    describe specific aspects of a givenpopulation.

    Data are collected from people and hence

    they are subjective.

    It uses a sample from the population and

    the findings are generalized for the

    population.

    Business Research MethodsPage 11

  • 7/31/2019 BRM Lecture 16-19, 22-23

    12/67

    Survey

    A survey is a data collection tool for

    carrying out survey research. It gathers information on the actions,

    characteristics, opinions of people.

    Survey is used to assess needs, demand,

    examine impact of some action.

    The term survey instrument is used to

    distinguish Survey tool from the Survey

    research that it is meant to support.

    Business Research MethodsPage 12

  • 7/31/2019 BRM Lecture 16-19, 22-23

    13/67

    Strength and Weakness of Survey

    A large number of variables, including

    peoples attitude can be studied throughsurvey.

    Survey provides estimates for the true

    population characteristics and not exactmeasurements for the population. Hence,

    there is a chance of error in the estimates.

    Business Research MethodsPage 13

  • 7/31/2019 BRM Lecture 16-19, 22-23

    14/67

    Strength and Weakness of Survey

    Survey estimates may have biases

    (deviation from true value) due toLack of response from target participants.

    Non-accurate responses of respondents.

    Intentional misreporting of behaviour bysubjects.

    Respondents not able to assess their own

    behaviour or do not remember the situationsurrounding their behaviour.

    Business Research MethodsPage 14

  • 7/31/2019 BRM Lecture 16-19, 22-23

    15/67

    Classification of Survey Research

    Method of communication

    Personal Interviews

    Telephone interviews

    Self-administered interviews

    Temporal basis

    Longitudinal study

    o Panel study

    Cross-sectional study

    Business Research MethodsPage 15

  • 7/31/2019 BRM Lecture 16-19, 22-23

    16/67

    Classification of Survey Research

    Structured and Disguised questions

    Business Research MethodsPage 16

    Structured Unstructured

    Undisguised Closed ended directquestions.

    Open endedquestions in anexploratory survey.

    Disguised Attitudinal studies. Projectivetechniques.

  • 7/31/2019 BRM Lecture 16-19, 22-23

    17/67

    Measurement Error

    Variation in response which cannot be

    attributed to the variable being measured. The measurement is expressed as M=T+e,

    where M is the measured value, T is the

    True value, and e is the error.

    Types of Measurement Errors

    Random

    Systematic

    Business Research MethodsPage 17

  • 7/31/2019 BRM Lecture 16-19, 22-23

    18/67

    Random Error

    All chance factors (uncontrollable) that

    confound (get mixed) with measurementof any phenomenon.

    They are expected to cancel each other

    out in the long run: in direction andmagnitude.

    Business Research MethodsPage 18

  • 7/31/2019 BRM Lecture 16-19, 22-23

    19/67

    Total Error

    RandomSampling

    Error

    SystematicError

    Admin Error

    Respondent Error

    Non Response

    Error

    Response Bias

    Sample Selection Error

    Data Processing Error

    Interviewer Error

    Interviewer Cheating

    Errors in Survey Research

    Page 19 Business Research Methods

  • 7/31/2019 BRM Lecture 16-19, 22-23

    20/67

    ResponseBias

    DeliberateFalsification

    Unconsciousmisrepresentation

    Acquiescence

    bias

    ExtremityBias

    Interviewerbias

    Auspicesbias

    Socialdesirability

    bias

    Errors in Survey Research

    Tendency to agree

    Respondent influencedBy person collecting data

    ..

    Page 20 Business Research Methods

  • 7/31/2019 BRM Lecture 16-19, 22-23

    21/67

    Types of Random Errors

    Transient qualities

    Mood, motivation, degree of alertness,boredom, fatigue etc. of the individual.

    Situational factors

    Physical settingso Noise level, lighting etc.

    o Presence of peers.

    Business Research MethodsPage 21

    S i E

  • 7/31/2019 BRM Lecture 16-19, 22-23

    22/67

    Systematic Error

    Factors that consistently / systematically

    affect the variable being measured.Education.

    Personal style of individual to make

    response.o Social desirability - a tendency to give a favourable

    impression of oneself.

    o Acquiescence - a tendency to agree with

    statements irrespective of their contents.

    o Deviation - a tendency to give unusual or

    uncommon responses.

    Business Research MethodsPage 22

    S i E

  • 7/31/2019 BRM Lecture 16-19, 22-23

    23/67

    Systematic Error

    Personal style .(continued)

    o Contrast error - a tendency to rate others asopposite to oneself in regard to a particular trait or

    characteristics.

    o Halo effect - a tendency to be unduly influenced by

    a single favorable trait.o Error of leniency - a tendency to rate too high or to

    always give favorable response.

    o Error of severity - a tendency to rate too low or to

    always give unfavorable reports.

    o Error of central tendency - a tendency to rate in the

    middle, thus avoiding any extreme positions.

    Business Research MethodsPage 23

    C i i i h d

  • 7/31/2019 BRM Lecture 16-19, 22-23

    24/67

    Communication with respondents

    Human interactive media.

    Electronic interactive media.

    Non-interactive media.

    Business Research MethodsPage 24

    I t ti di

  • 7/31/2019 BRM Lecture 16-19, 22-23

    25/67

    Interactive media

    Personal interview

    More information due to face to faceinteraction.

    Clarification of doubts.

    Probing.Less non-response.

    Use of aid.

    Business Research MethodsPage 25

    I t ti di

  • 7/31/2019 BRM Lecture 16-19, 22-23

    26/67

    Interactive media

    Personal interview

    Door-to-door interviewo Better sample space.

    o Less non-response.

    o Household information. Intercept interview

    Business Research MethodsPage 26

    I t ti di

  • 7/31/2019 BRM Lecture 16-19, 22-23

    27/67

    Interactive media

    Disadvantages of Personal interview

    More time and cost.Skilled interviewers.

    More respondent bias on issues that they do

    not want to share and get exposed.

    Business Research MethodsPage 27

    I t ti di

  • 7/31/2019 BRM Lecture 16-19, 22-23

    28/67

    Interactive media

    Telephonic interview

    Interviewer can remain in a central place.Fast and cost effective.

    Absence of face to face contact is helpful in

    collecting some sensitive data.Not 100% people have telephone.

    Interview can end abruptly.

    Business Research MethodsPage 28

    N i t ti di

  • 7/31/2019 BRM Lecture 16-19, 22-23

    29/67

    Non-interactive media

    Self administered questionnaire

    Mail questionnaireEmails

    Internets

    Business Research MethodsPage 29

    S lf d i i t d ti i

  • 7/31/2019 BRM Lecture 16-19, 22-23

    30/67

    Self administered questionnaire

    Mail questionnaire

    Cover large geographical area.Respondents answer at own convenience.

    Comparatively low cost.

    Answering sensitive questions easier due toabsence of any interviewer.

    Response rate is usually low.

    Usually structured questionnaire.

    A follow up call letter can be used.

    Business Research MethodsPage 30

    S lf d i i t d ti i

  • 7/31/2019 BRM Lecture 16-19, 22-23

    31/67

    Self administered questionnaire

    Emails

    Low cost.Can reach only those having emails.

    Can be useful for a within company survey.

    Risk of same respondent sending multipleresponse.

    Easy to follow up.

    Business Research MethodsPage 31

    S lf d i i t d ti i

  • 7/31/2019 BRM Lecture 16-19, 22-23

    32/67

    Self administered questionnaire

    Internet survey

    Low cost and high speed.Easy for the respondents to fill questionnaire.

    Can be useful for a very specific group of

    respondents.Easy to follow up.

    Business Research MethodsPage 32

    Observational techniques

  • 7/31/2019 BRM Lecture 16-19, 22-23

    33/67

    Observational techniques

    Direct observation

    Pantry auditOptical scanner

    Bar codes

    Monitoring web site traffic

    On-line purchase.

    Business Research MethodsPage 33

    Pantry audit

  • 7/31/2019 BRM Lecture 16-19, 22-23

    34/67

    Pantry audit

    It is a method to estimate consumption of

    goods at consumer level. Types, quantity and price of goods

    purchased are captured.

    Objective is to find out what type of

    consumer buys which brand (preference).

    Can be misleading when promotional or

    other offers are present.

    Business Research MethodsPage 34

  • 7/31/2019 BRM Lecture 16-19, 22-23

    35/67

    Sampling

    Population & Sample

  • 7/31/2019 BRM Lecture 16-19, 22-23

    36/67

    Population & Sample

    Population

    All elements of interest in a study.

    Samples

    A representative subset or part of the

    population.

    Sampling theory is associated with

    finding out the unknown population

    characteristics with the help of samplesdrawn from it.

    Page 36 Business Research Methods

    Population & Sample

  • 7/31/2019 BRM Lecture 16-19, 22-23

    37/67

    Population & Sample

    Population

    Sample

    Page 37 Business Research Methods

    Name of all residents of a city, asappears in the telephone directory.

    A few residents of a city, selectedfrom the telephone directory.

    Simple Random Sampling (SRS)

  • 7/31/2019 BRM Lecture 16-19, 22-23

    38/67

    Simple Random Sampling (SRS)

    All units in the population have equal

    probability of selection.All units are assigned an unique identity.

    Sample of predetermined size is chosen

    from the population.

    Page 38 Business Research Methods

    Simple Random Sampling Example

  • 7/31/2019 BRM Lecture 16-19, 22-23

    39/67

    Simple Random Sampling - Example

    Draw a sample of 10 customers from 40.

    Write name of each customer in a piece ofpaper.

    Put them in a box.

    Pick up ten pieces of paper from the box.

    Page 39 Business Research Methods

    Simple Random Sampling Example

  • 7/31/2019 BRM Lecture 16-19, 22-23

    40/67

    Simple Random Sampling - Example

    Draw a sample of 10 customers from 40.

    Assign numbers 1 to 40 to customers.Chose a Random Number from (1,40).

    Suppose the number selected is 23.

    The customer with number 23 assigned isselected.

    Repeat the process.

    Page 40 Business Research Methods

    Advantage / Disadvantage

  • 7/31/2019 BRM Lecture 16-19, 22-23

    41/67

    Advantage / Disadvantage

    Advantage

    SimpleAnalysis of data is reasonably easy.

    Disadvantages

    If population is heterogeneous estimates

    have large variance.

    Page 41 Business Research Methods

    Stratified Sampling

  • 7/31/2019 BRM Lecture 16-19, 22-23

    42/67

    Stratified Sampling

    This is done when population is

    heterogeneous w.r.t. the characteristic wewant to measure.

    The population is sub divided into

    mutually exclusive groups or STRTA, sothat each Stratum is nearly homogeneous.

    Samples from each Stratum is selected

    based on SRS.

    Page 42 Business Research Methods

    Stratified Sampling Example

  • 7/31/2019 BRM Lecture 16-19, 22-23

    43/67

    Stratified Sampling - Example

    A cell phone service provider wants to

    increase market share. In order to capturecustomers voice, wants to make a survey

    What extra benefits do the customers desire.

    Customers could be divided into Stratabased on income group / Age /

    Occupation.

    Page 43 Business Research Methods

    Advantage / Disadvantage

  • 7/31/2019 BRM Lecture 16-19, 22-23

    44/67

    Advantage / Disadvantage

    Advantage

    Stratification produces a gain in precision inthe estimates.

    Disadvantage

    Strata formation is based on characteristics.

    Page 44 Business Research Methods

    Systematic Sampling

  • 7/31/2019 BRM Lecture 16-19, 22-23

    45/67

    Systematic Sampling

    Each unit of Population is assigned a

    serial number. Selection of 1st unit in the sample is

    based on SRS.

    Subsequent units selected are every nthunit. (n is a predetermined number).

    Page 45 Business Research Methods

    Systematic Sampling - Example

  • 7/31/2019 BRM Lecture 16-19, 22-23

    46/67

    Systematic Sampling - Example

    A bank want to get feedback from

    customers on their service quality. 1st customer is selected based on SRS.

    Next, every 10th subsequent customer in

    the queue is selected, till a pre decidedsample size.

    Page 46 Business Research Methods

    Advantage / Disadvantage

  • 7/31/2019 BRM Lecture 16-19, 22-23

    47/67

    Advantage / Disadvantage

    Advantage

    Easy procedure.Often more precise than simple random

    sampling as more evenly spread over the

    population.Disadvantage

    In certain cases leads wrong result due to

    periodic selection of sample.

    Page 47 Business Research Methods

    Cluster Sampling

  • 7/31/2019 BRM Lecture 16-19, 22-23

    48/67

    Cluster Sampling

    The population is divided into Clusters.

    Sample from each Cluster is drawn basedon SRS.

    Units within a Cluster are not

    homogeneous (as in the case of StratifiedSampling).

    Each Cluster is a small representation of

    population.

    Page 48 Business Research Methods

    Cluster Sampling - Example

  • 7/31/2019 BRM Lecture 16-19, 22-23

    49/67

    Cluster Sampling - Example

    Government wants to find out

    effectiveness of immunization program. Entire population is divided into localities

    (Clusters).

    Sample is drawn from each cluster.

    Page 49 Business Research Methods

    Advantage / Disadvantage

  • 7/31/2019 BRM Lecture 16-19, 22-23

    50/67

    Advantage / Disadvantage

    Advantage

    Easy procedure.Cost effective.

    Disadvantage

    Formation and selection of cluster plays animportant role.

    Page 50 Business Research Methods

    Sampling

  • 7/31/2019 BRM Lecture 16-19, 22-23

    51/67

    Sampling

    Sample provides only anEstimate of the actual

    population parameters.

    Page 51 Business Research Methods

    Sample Size

  • 7/31/2019 BRM Lecture 16-19, 22-23

    52/67

    Sample Size

    We need an idea about the standard

    deviation of the variable under study.We have to decide on the Precision of

    estimate desired (error).

    We have to decide on the Confidencelevel (%) with which we want to make the

    estimate.

    Page 52 Business Research Methods

    Sample Size

  • 7/31/2019 BRM Lecture 16-19, 22-23

    53/67

    Sample Size

    The formula is,

    Sample size=

    Where, Z( /2) is the Normal ordinate for the

    confidence Level.Generally taken as 1.96 for prediction with

    95% confidence.

    2

    2

    ErrorAllowable

    Z

    n

    Page 53 Business Research Methods

  • 7/31/2019 BRM Lecture 16-19, 22-23

    54/67

    QuestionnaireDesign

    Questionnaire Design

  • 7/31/2019 BRM Lecture 16-19, 22-23

    55/67

    Questionnaire Design

    Questions to be asked.

    Phrasing/ Type of the questions. Sequence of questions.

    Questionnaire layout.

    Pretest of questionnaire.

    Business Research MethodsPage 55

    Questionnaire Design

  • 7/31/2019 BRM Lecture 16-19, 22-23

    56/67

    Questionnaire Design

    Make a list of variables.

    Background variablesDependent variables

    Independent variables

    Anticipate how data will be analyzed.

    Business Research MethodsPage 56

    Questions to be asked

  • 7/31/2019 BRM Lecture 16-19, 22-23

    57/67

    Questions to be asked

    Management questions

    Basically the management dilemma.Research questions

    The questions for which the researcher must

    find answers based on facts and provideanswer to the management questions.

    Investigative questions

    Specific questions that the researcher mustanswer to provide details to the research

    questions.

    Business Research MethodsPage 57

    Questions to be asked

  • 7/31/2019 BRM Lecture 16-19, 22-23

    58/67

    Questions to be asked

    Measurement questions

    Questions that are put to the questionnaireand respondents provide answers.

    Business Research MethodsPage 58

    Types of Questions

  • 7/31/2019 BRM Lecture 16-19, 22-23

    59/67

    Types of Questions

    Pre-coded, single-choice questions.

    Open-ended questions. Presence-absence questions.

    Rank-ordering questions.

    Likert-type questions.

    Business Research MethodsPage 59

    Pre-Coded Single-Choice

  • 7/31/2019 BRM Lecture 16-19, 22-23

    60/67

    Pre Coded Single Choice

    Pre-coded, single-choice questions ask

    respondents to indicate which onecategory applies.

    Answers are pre-coded for easy data entry.

    If all options can not be listed, include acategory Other with a space to indicate

    what the Other category implies.

    Pleasespecify ______________

    Categories should be mutually-exclusive.

    No categories overlap with one another.Business Research MethodsPage 60

    Open-Ended Questions

  • 7/31/2019 BRM Lecture 16-19, 22-23

    61/67

    Open Ended Questions

    Open-ended questions do not have pre-

    set answers.Use open-ended questions when

    Too many response categories.

    Dont know the possible categories.

    Qualitative data collection.

    Business Research MethodsPage 61

    Open-Ended Caution

  • 7/31/2019 BRM Lecture 16-19, 22-23

    62/67

    Open Ended Caution

    Do not have too many open-ended

    questionsTime-consuming to code.

    Responses have large variations.

    More likely to be left blank.May decrease response rate

    Takes more time to complete questionnaire.

    Use opinion-seeking questions sparingly.

    Place open-ended questions towards theend.

    Business Research MethodsPage 62

    Presence-Absence Questions

  • 7/31/2019 BRM Lecture 16-19, 22-23

    63/67

    Presence Absence Questions

    Presence-absence questions ask

    respondents to choose which items in alist do or do not apply to them (or they

    agree or disagree).

    Business Research MethodsPage 63

    Rank-Ordering Questions

  • 7/31/2019 BRM Lecture 16-19, 22-23

    64/67

    Rank Ordering Questions

    Rank-order questions ask respondents to

    indicate an ordering of response items -from most preferred to least preferred.

    These types of questions should be

    avoided or minimized because they taketime.

    Business Research MethodsPage 64

    Questionnaire Development

  • 7/31/2019 BRM Lecture 16-19, 22-23

    65/67

    p

    Use a brief statement to introduce the

    survey to the respondentWho is conducting/sponsoring the study

    Assure confidentiality and anonymity

    Place easy to answer/salient questions at thebeginning

    Avoid double-barreled question.Question that covers more than one issue.

    Avoid Leading / Loaded questionLeading questions imply answer. Loaded

    questions suggest a desirable answer.

    Business Research MethodsPage 65

    Questionnaire Development

  • 7/31/2019 BRM Lecture 16-19, 22-23

    66/67

    p

    Decide on question sequence.Order bias.

    o Ordering of questions may lead to respondentmaking biased choice of options.

    o Simple to Complex / General to specific questions(Funnel technique).

    Business Research MethodsPage 66

    Pre-test

  • 7/31/2019 BRM Lecture 16-19, 22-23

    67/67

    Pre-test the questionnaire

    May start by filling out the survey yourself.Ask for feedback on the questionnaire.

    o Is it too long? Any problem with wording?

    Pilot studySend questionnaire to a small sample of

    respondents.

    Use response data to make modificationo Modify unclear questions, create pre-coded,

    single-choice questions based on responses to

    open-ended questions etc.