...The three most commonly used research instruments in quantitative research Studies include Questionnaire, Tests, and Surveys. Validity is the degree to which an instrument measure what it is purports to measure. Imprecise information collection can influence the outcome of a study and eventually lead to unacceptable results. Reliability is the internal consistency or stability of the measuring device over time (Gay, 1996). The collection data of Quantitative methods depend on random sampling and organized data collection instruments that fit different involvement into fixed response groups (www.mbaisherebyravali.com). An important aspect of the quantitative research design is the non-probability method. Through the non-probability method, there are many sampling designs such as convenience sampling, purposive sampling and model instance sampling (www.wilderdom.com). Listed below are two Quantitative strength approaches. The first quantitative strength approach is offering vivid data; for example, permitting us to take pictures of an employer population (www.library.pinpoint.com). Another strength is quantitative research have the ability to translate numbers and data in quantifying graphs and charts. (www.library.pinpoint.com) The first weakness of the quantitative approach is large samples are needed thus causing the study to be more expensive, time- consuming and make it susceptible to error. The second quantitative approach is the misuse of sampling and weighing can...
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...Understanding 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 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 visulize 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 statistics and graphs is an important topic and discussed in other Laerd Statistics guides. Typically, there are two general types of statistic that are used to describe data: * Measures of central tendency: these are ways of describing the central position of a frequency distribution for a group of data. In this case, the frequency distribution...
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...HCS 465- Health Care Research Utilization Evaluating the Research Process Class Group: BSDD10S8G8 University of Phoenix Online Professor: Donald Steacy December 5, 2011 Literature Review The literature review is based upon an effort to search for and obtain information relative to a study for the purpose of offering a critical appraisal (Flores, Win, Susilo, 2010). The literature review used in this article examines how patient's right to privacy terms be violated and how biometric technologies can ease or eliminate the consequences related. The literature review details how the implementation of biometric technologies can be important for identification, verification, and for compliance with patient privacy laws. Literatures used in this study were obtained through proQuest databases from Walden University, and from professional journals, business publications, technical reports, newspaper articles, and EBSCO-host online databases. The author of the research study also obtained information from related areas of research, and from doctorial dissertations of the same subject. Ethical considerations for data collection Ethical consideration given to the data that was collected for this study, was the insurance that all information obtained by participants would be shared only with their written consent and by select individuals affiliated with the study; as well as blinding all identifying information...
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...Unit 1 - Fundamentals of Statistics Jeanna Starr American InterContinental University Abstract A data analysis was done on job satisfaction for the company AIU categorized by age, gender, tenure, position, and department. Overall job satisfaction as well as intrinsic (satisfaction with the actual performance of the job) and extrinsic (office location or work colleagues) job satisfaction were considered in this survey. Introduction AIU assembled a team of researchers to study job satisfaction. I was selected as part of a group to participate in a massive global undertaking. The study required me to examine data and analyze the results. The study consists of job satisfaction, which is extremely important to an organization’s overall success. This particular study will allow managers to gain understanding and knowledge about what type of human behaviors can be used to strengthen an organization’s performance. Chosen Variables I have chosen gender for my qualitative data and intrinsic for my quantitative data. The reason that I have chosen these two variables is because I thought it would be interesting to analyze if males or females were more satisfied with their job, and how the actual job performance reflected their job satisfaction rating. Difference in variable types Qualitative variables include subjects that are non-numerical, such as gender. Quantitative variables include subjects that are numerical and give us a clear visual as to what...
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...Descriptive and Inferential Statistical Method RES/351 Researchers have many tools available to them in order test and analyze a specific hypothesis. Some of these tools help gather data, while others help ensure accurate and relevant analysis. Data collection can take the form of quantitative and qualitative methods. In a qualitative method, your data is more interpretive. This data is used when trying to discover more of a meaning of specific question rather than the frequency (Cooper, Schindler 2014). This data is generally obtained through interviews, participant observation, or focus groups. On the other hand quantitative data is the precise measurement of a specific behavior or phenomena (Cooper, Schindler 2014). Quantitative data is generally gathered by experiments, standardized testing, surveys, or non-participant observation (Cooper, Schindler 2014). While gathering both types of data, it is important to focus on the type of sampling method you utilize. For example, simple random sampling, or probability sampling, can be used to test a targeted representation of a test population (Cooper, Schindler 2014). There are other sampling methods as well. Stratified random sampling, for instance, is probability sampling that draws from each strata of population. One study I found to demonstrate descriptive statistics used stratified random statistics. In this study, they used stratified random sampling to test accuracy in medical billing (Buddahulsomsiri...
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...Statistics in Business Kathleen S. Power-Davenport QNT/351 May 25, 2015 Lance Milner Statistics in Business Introduction Statistics is "the science of collecting, organizing presenting, analyzing, and interpreting data to assist in making more efficient decisions" (Lind, Marchal & Wathen, 2011). This paper will summarize the types, levels, and the role of statistics in business decision making, followed by examples of statistics in action. Types, Levels, and the Role in Business Decision Making The two categories of statistics are descriptive and inferential. Descriptive statistics is the analysis of data that describes, or summarizes the data in a meaningful way (Laerd Statistics, 2013). Business leaders can organize large amounts of data into a comprehensive format utilizing descriptive statistics. But descriptive statistics do not make conclusions about the data. An inferential statistic is calculated by taking a sample of the data from the population, and drawing a conclusion about the whole based on the small amount (Lind, Marchal & Wathen). Decision makers move forward based on a conclusion drawn from statistical inference. The data gathered for statistics is classified into four levels of measurement: nominal, ordinal, interval and ratio (Lind, Marchal & Wathen). Data at the lowest level is nominal and has a qualitative variable divided into categories or outcomes. Ordinal data is qualitative and represented by sets of labels or names...
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...Rodney Goudy RES/351 July 6, 2015 Tracy Sipma 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 just convey exactly what the data reveals and tell us. Most of the statistical averages and numbers we estimate are essentially illustrative averages. For instance the Dow Jones Industrial tells us about the typical performance of select firms. The grade-point avg. tells us about the typical performance of a pupil in school. The GDP growth rate tells us about the typical performance of a state. Therefore illustrative statistics attempts to catch a sizable group of observations and offers us some concept concerning the data-set. Descriptive statistics aims to describe data set information with summary graphs and tables (Linda Hollis, n.d.). Inferential Statistics Inferential statistics includes drawing the correct conclusions from your statistical evaluation that's been performed using descriptive data. Ultimately, it really is the inferences that make studies significant and this element is dealt with-in inferential data. Most forecasts of the potential and generalizations of a population by analyzing a smaller sample come under the scope of inferential statistics. Many social sciences experiments offer with analyzing...
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...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 just convey exactly what the data reveals and tell us. Most of the statistical averages and numbers we estimate are essentially illustrative averages. For instance the Dow Jones Industrial tells us about the typical performance of select firms. The grade-point avg. tells us about the typical performance of a pupil in school. The GDP growth rate tells us about the typical performance of a state. Therefore illustrative statistics attempts to catch a sizable group of observations and offers us some concept concerning the data-set. Descriptive statistics aims to describe data set information with summary graphs and tables (Linda Hollis, n.d.). Inferential Statistics Inferential statistics includes drawing the correct conclusions from your statistical evaluation that's been performed using descriptive data. Ultimately, it really is the inferences that make studies significant and this element is dealt with-in inferential data. Most forecasts of the potential and generalizations of a population by analyzing a smaller sample come under the scope of inferential statistics. Many social sciences experiments offer with analyzing...
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...THE QUANTITATIVE RESEARCH APPROACH Chapter 2 RESEARCH STEPS WITHIN THE QUANTITATIVE APPROACH • Step 1: Identify a Problem Area • Step 2 & 3: Review & Evaluate Literature • Step 4 & 5: Be aware of ethical & cultural issues • Step 6: State Research Question or hypothesis • Step 7 & 8: Select research approach & decide measures • Step 9 & 10: Select a Sample & Data Collection Method THE QUANTITATIVE APPROACH (Continued) • Step 11: Collect and Code the Data • Step 12: Data Analysis • Step 13 & 14: Write & Disseminate the report DEVELOPING THE RESEARCH QUESTION – Developing Concepts – Identifying Variables within Concepts – Putting Value Labels on Variables – Defining Independent and Dependent Variables – Constructing Hypotheses Developing Concepts • Giving a name to an idea that you want to study (e.g., ethnicity) Identifying Variables Within Concepts • Consider all the dimensions that make up the concept (e.g., race, culture, identity, societal grouping) • Selecting a dimension of the concept to be measured (e.g., ethnic group) • Operationalization: the process of naming and defining variables for your study Putting Labels on Variables • Labeling the “units” to be measured for the selected dimension (e.g., Ethnic groups may include: Asian, Caucasian, Hispanic, African American, Native American) Defining Independent and Dependent Variables • Bivariate Relationship: a research question that includes only two variables • a one-variable question is...
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...Abstract This paper explores the various areas of basic statistics including: descriptive statistics, correlations, t-tests for independent samples, t-test of dependent samples and data mining used during the research process. In this 2 pages summary of those listed methods, I will identify the keys aspects of its usage, importance in the research process, provide examples of its usage and value and how it will be used my future research projects throughout this coursework. Meaning Use of Statistics Understanding the use of statistics requires one to understand the experimental design or how the research is conducted. Knowledge about the methodology allows use to input and interpret the results of the values. Statistics values are not just random numbers but values that have been generated out of research. Basic statistic values are tools utilized to assist with answering the questions of what, why, and how. Understanding the reasoning for using statistics will better help one’s understanding of basic statistics. Descriptive statistics is a quantitative description of data collection sometimes referred to as inferential statistics. Descriptive statistics are used to summarize the sample and measures of values as they form the basis of quantitative analysis of data (Criswell, 2009). Utilizing descriptive statistics draws conclusions by extending beyond the data known. It utilizes judgments of the probability that are observed between...
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...Descriptive Statistics Introduction: Descriptive Statistics is the utilization of mathematical quantities to make clearer and to same time sum up the characteristics of a sample from a set of data, without making any interference to the overall characteristic of the population from which the sample was taken from (BD, 2017). There are several numerical summary measures that help us to make quantitative description of values as a whole in a data set, they are broadly placed into two main groups mainly centre of frequency and dispersion distribution (Pagano and Gauvreau, 2000). The mode, mean and the median are some of the mathematical measures used to arrive at the centre of frequency distribution, in descriptive statistics (Fields, 2013, pp....
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...Unit 1 - Fundamentals of Statistics Kathtrina Brazell American InterContinental University October 12, 2014 Abstract The purpose of this essay is to examine two of the nine sections of data and include all data points listed in the column for the variable. All of these items will be used to combine into one comprehensive report. Introduction In this assignment I will one section of qualitative data (choose either Gender or Position) one section of quantitative data (choose either Intrinsic or Extrinsic) and provide data. In each section the data will be indentified and the reason for the selection will be stated. Charts and graphs will be provided. An explanation of the importance of charts and graphs will be stated. Chosen Variables The variables that I chose to analyze are gender for my qualitative variable and Intrinsic for my quantitative variable. Difference in variable types “Qualitative data are no numerical measurements of characteristics, such as hair color or the charge of electron. Quantitative data are numerical measurements like weight, height, and age. The two data types need to be handled differently because qualitative characteristics don't have clear mathematical relationships to one another.” (Elementary Statistics) Descriptive statistics: Qualitative variable |Position |Tenure |Job Satisfaction |Intrinsic | |1 |3 |4.9 |6.4 | |1 ...
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...Week 3 Team A BIMS Summarizing and Presenting Data QNT/351 Quantitative Analysis for Business June 2, 2014 Summarizing and Presenting Data In both employee surveys, BIMS used all three levels of measurement to analyze the data collected. In reviewing the findings from the employee survey, the ultimate goal was to get the overall census of the employees on the survey questions. These survey questions were engineered to evaluate the satisfaction level of the employees at BIMS and to reveal the underlying issues and continuous concerns that were causing the high turnover and low morale at BIMS. The interval level of measurement was used to display the employee’s length of employment and a numeric code was used to describe the nominal, ordinal and interval data. Descriptive statistics was used to show the mean, median, mode and central tendency of the data. An analysis of each survey question was broken down, and the interpretation displayed on tables, charts and graphs. These graphs give an overall visual description of the answers to each question. After all the data had been analyzed, displayed, and interpreted, the outcome shows that BIMS was experiencing high turnover due to low pay and lack of communication within the organization. Descriptive Analysis The intention of descriptive analysis is to provide a clear understanding through the use of graphical and numerical visual of the patterns and unique trends in the data set of interest...
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...Statistics in Business QNT/351 LaShawn Smith University of Phoenix JONTE LEE Statistics in Business Statistics refers to the use of numerical information in everyday life to calculate facts and figures in limitless circumstances such as, batting averages, market share, and changes in the stock market. In addition, statistics refers to the scientific collecting, classifying, summarizing, organizing, analyzing, and interpreting numerical data. Statistics involves describing data sets and drawing conclusions based on sampling about the data sets (McClave, Benson & Sincich, 2011). Statistics are divided into two areas: descriptive statistics and inferential statistics. Descriptive statistics are procedures used to describe and organize the basic characteristics of the data studied. Descriptive statistics provide simple summaries about the sample group and the measures. This application of statistics is used to present quantitative data in manageable forms such as charts, graphs, or averages. Descriptive statistics differ from inferential statistics in that they are simply describing what the data indicates. Inferential statistics are used to draw conclusions, interpret data, and make predictions or decisions beyond the immediate data. Inferential statistics are used to infer from the sample population data what a larger population may think or to predict future behaviors. Therefore, inferential statistics are used...
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...Statistics Darrell Washington BUS308: Statistics for Managers Instructor: Gary Withers November 23, 2015 Statistics Introduction Data analysis is done to convert the raw data into meaningful information. Statistics is all about this data analysis. Before actually working on data analysis in real world, it is important that the basic knowledge is possessed by everybody involved in this process. The following paper seeks to provide basic knowledge in some specific areas of statistical data analysis. Descriptive statistics As the name suggests, descriptive statistics means analysis of data to describe or summarize data in a meaningful manner. The analysis helps in determination of patterns that exist in the data. Descriptive statistics simply describes the data but not present an analysis beyond the data. One cannot make any conclusions about any hypothesis using this. The data, when presented to users, is difficult to comprehend in its raw form. Sometimes the sheer size and volume of data may render it impossible to understand what it represents. Descriptive statistics helps in proper presentation of data such that it can be understood and analyzed by the user. For example, if we had the data about the returns from stocks of 100 companies, then that data would make no sense as it would be difficult to comprehend. But if that data is arranges, classified industry-wise, an average is calculated for each industry and for all the stocks, and then the interpretation would...
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