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mkt research
final
80
Marketing
Undergraduate 3
05/03/2012

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Term
response bias
Definition
answering questions with a certain slant that consciously or unconsciously misrepresent the truth
Term
Acquiescence bias
Definition
agreeing with everything
Term
Extremity bias
Definition
extreme responses
Term
auspices bias
Definition
sponsor favoritism- doing the survey just to help company(ex)
Term
interviewer bias
Definition
response is dependent on how you feel about the interviewer.
Term
self-selection bias (nonresponse error)
Definition
to choose no to survey for personal reasons
Term
fear/anxiety error (nonresponse error)
Definition
fear and anxiety that personal info could fall into wrong hands
Term
invasion of privacy error (nonresponse error)
Definition
don’t want people know about their personal lives
Term
random sampling error (beyond control)
Definition
statistical fluctuation from chance variation in sample elements
Term
systematic error (within control)
Definition
study design or execution flaws that result in unrepresentative sampling results
Term
non-response error
Definition
those who do not respond for the following reasons
Term
administrative error
Definition
when the researchers result lack detail and professionalism due to the following:
Term
examples of administrative error
Definition
 Interviewer cheating, data processing errors, failure to record returned surveys, failure to double-check that surveys contained every page
Term
Increase response rate and minimize error by conducting...
Definition
o Face to face interviews
o Telephone surveys
o Mail surveys
o Use administered online surveys
Term
Questions asked should be...
Definition
 Reliable (consistent)
 Valid (accurate)
 Generalizable (achieved over time)
 Scale sensitive
Term
Reduce sample error by...
Definition
INCREASING sample size
Term
mean
Definition
sums all of the scores divided by the number of respondents, can summarize metric (interval or ratio scaled) data
Term
median
Definition
the midpoint of scores ordered from lowest to highest can summarize ordinal scaled variables
Term
mode
Definition
the value that occurs most often can summarize nominal or categorical data
Term
measures of dispersion
Definition
range, standard deviation, variance
Term
secondary data--internal sources
Definition
accounting information, sales information, backorders, customer complaints
Term
secondary data--external sources
Definition
government agencies, syndicated research services, trade and professional associations, custom research firms, books, newspapers, and periodicals, internet
Term
bibliographic sources
Definition
bibliographies or listings—suggest possible sources for further query
Term
numeric sources
Definition
contain numbers (ex. national governments create meaningful reports based on census data)
Term
directory sources
Definition
list relevant information, Typically by national newspaper, type of business, or people by profession.
Term
full text source
Definition
online databases of professional publications
Term
Regression-type model building
Definition
predictor variable are sued to explain on outcome variable eg. Estimate market potential, forcast sales, select new trade areas.
Term
Using sources to fact find
Definition
Identifying consumption patterns, track trends, scan environment
Term
Secondary sources used
Definition
to refine search objectives or questions, provide raw material needed to create forecasting models or future sales/ revenues, confirm previous research results
Term
focus group (qualitative)
Definition
in-person, online, definitive problem & question, script
Term
in-depth interview
Definition
non-directed conversation, conversational, summary statements
Term
themetic apprehension (projective technique)
Definition
focus on picture interpretation—concoct story based on picture
Term
"between subjects" experimental design
Definition
each group is exposed to a single treatment
Term
"within subjects" experimental design
Definition
groups are exposed to both treatments to distinguish difference
Term
causal experimental design
Definition
o Temporal ordering (treatment and dependent variables)
o Concomitant variation
o Control for spurious variables (internal validity)
Term
history effects
Definition
outside of environment influences
Term
maturation effects
Definition
Long surveys become exhausting
Term
instrumentation
Definition
Using different scales within experiment( poor experiementation)
Term
hawthorne effect
Definition
not yourself when being watched
Term
demand effects
Definition
Respondents know what you are testing
Term
Preparing Interview Data
Definition
Check for omissions, ambiguities, inconsistencies, improper recording
Term
coder consistency
Definition
similar results among “coders” evaluating work
Term
cleaning data
Definition
control for missing responses (pairwise, listwise)
Term
R value (Regression)
Definition
strength and direction; ranges from -1 to 1
**R can never be 1 because there will always be error
Term
T-value (Regression)
Definition
correlation: Use T to determine if R is significant
linear multiple regression: Use T to determine if B is significant
Term
linear multiple regression
Definition
Measures how our variables relate to our dependent variable
 Importance of R2 and F
Term
Beta (Linear Multiple Regression)
Definition
 Beta tells us direction and strength; ranges from -1 to 1
Term
F value (Linear Multiple Regression)
Definition
*F significant when significance of F is <.05
*F has to be above 0 (if it is then it is significant in order to test hypothesis)
*F is more important than R2
Term
R2 (Linear Multiple Regression)
Definition
shared variance ranges from 0-1. “how much variance of our model can be explained by the dependent variable?”
Term
Increase in R2-->
Definition
Increase in F
Term
Easy way to increase R2
Definition
Increase variables
Term
One-way Analysis of Variance (ANOVA):
Definition
examine mean differences among three or more independent groups
**ratio or interval-scaled variable
Term
Conjoint Analysis
Definition
determine how consumers value the different components of a good or service (weighted)
Term
Exploratory Factor analysis
Definition
identify a reduced number of factors from a larger pool of measures (reliability, validity)
Term
multidimensional scaling
Definition
map objects based on respondent perceptions of specific attributes or object similarities
Term
Cluster analysis
Definition
assign people or objects to groups so that intra-group similarity and inter-group dissimilarity are maximized
Term
Discriminant analysis
Definition
determine which characteristics discriminate between two or more naturally occurring groups—seek to predict group membership
Term
logistic regression
Definition
predict possibility of an event (binary response)
Term
independent samples T-test
Definition
examine the mean differences between two independent groups
Term
paired samples T-test
Definition
examine mean differences between two non-independent groups
Term
T statistic
Definition
used to test hypothesis (accept or decline)
 T>1.96 = significant at .05 level
 T>2.58 = significant at .01 level
Term
If T is < 1.96 then...
Definition
there is no significance, no difference between the 2 groups.
Term
Increasing sample size -->
Definition
increase in power (F)
Term
How do we increase F value to make model more significant?
Definition
Throw away bad betas (variables with bad beta values)
Term
Reliability
Definition
i. Degree to which measures are free from random error
ii. Repeatability of a measure (test/retest, split half, alternative-forms, factor analysis, coder consistency)
*random and systematic error components
Term
Validity
Definition
degree to which a scale is measuring what its intended to measure
*Content (face), predictive (criterion), convergent
*Discriminant, nonlogical
Term
Word association (projective technique)
Definition
(focuses on response time)
respondent are asked to reply to a series of words or statement with the first words that come to mind
(+) requires short answers
(-) May be onerous for respondents
Term
Sentence completion (projective technique)
Definition
focus on word combinations
No hints are provided about appropriate responses
Term
Third person role playing (projective technique)
Definition
( focuses on projective answer to a third person)
Either third person is someone else or the respondent
(-) responses aren’t seriously considered, social desirability bias may surface
Term
SPSS--To analyze
Definition
Compare Means
Term
SPSS--Analyze paired samples
Definition
• Paired samples
1) independent samples t-test
2) cross sectional
o Grouping variable eg: gender
o Then define groups
Term
anchoring effect
Definition
result when buyers compare prices using a reference--response is weighted towards "anchor" or reference
Term
Dopamine
(how we decide)
Definition
role of expectations; excited by surprising rewards!
dopamine feedback system: unconscious ability to make split second decisions
Term
Emotional & Rational Brain
(how we decide)
Definition
Decision-making is linked to both sides
*simple problems require reason
*hard decisions require most "emotion"
Term
emotional intelligence
(how we decide)
Definition
emotional control
Term
best deciders
(how we decide)
Definition
*United Airlines pilots used rational thought to fly the plane via the thrusters when hydraulics failed
*Lt. Commander intuitively recognized difference in radar blip between A-6 bomber and enemy missile
Term
mirror neurons
(how we decide)
Definition
emotionally connected to the outcomes of our decisions
Term
Framing
(how we decide)
Definition
Framing=perception
*framing of question often changes people's responses
Term
Emotional Brain
(how we decide)
Definition
*cannot deal with randomness
*flaw: programmed to avoid loss "bad stronger than good"
*favor short-term reward over long-term cost
Term
Logical Brain
(how we decide)
Definition
may have opposing viewpoints to emotional impulses
*can only deal with small chunks of data
*can't ignore irrelevant information
*tired brain gives into emotion
*can make illogical decisions
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