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Research Methods for Business: A Skill Building Approach

Uma Sekaran

Chapter 12

DATA ANALYSIS AND INTERPRETATION - all with Video Answers

Educators


Chapter Questions

01:55

Problem 1

What kinds of biases do you think could be minimized or avoided during the data analysis stage of research?

Prabhakar Kumar
Prabhakar Kumar
Numerade Educator
00:48

Problem 2

When we collect data on the effects of treatment in experimental designs, which statistical test would be most appropriate to test the treatment effects?

Harsh Gadhiya
Harsh Gadhiya
Numerade Educator
08:56

Problem 3

A tax consultant wonders whether he should be more selective about the class of clients he serves so as to maximize his income. He usually deals with four categories of clients: the very rich, rich, upper middle class, and middle class. He has records of each and every client served, the taxes paid by them, and how much he has charged them. Since many particulars in respect of the clients vary (number of dependents business deductibles, etc.), irrespective of the category they belong to, he would like an appropriate analysis to be done to see which among the four categories of clientele he should choose to continue to serve in the future.
What kind of analysis should be done in the above case and why?

Md.Daniyal Arshad
Md.Daniyal Arshad
Numerade Educator
02:26

Problem 4

Below are Tables $12 \mathrm{~A}$ to $12 \mathrm{D}$, summarizing the results of data analyses of research conducted in a sales organization that operates in 50 different cities of the country, and employs a total sales force of about 500 . The number of salesman sampled for the study was 150.
You are to:
a. Interpret the information contained in each of the tables in as much detail as possible.
b. Summarize the results for the CEO of the company.
c. Make recommendations based on your interpretation of the results.

AG
Ankit Gupta
Numerade Educator