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Marketing Research Final
Marketing Research Final
49
Marketing
Undergraduate 3
12/06/2014

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Cards

Term
Measurement (3)
Definition
-assignment of numbers to responses based on guidelines.
-easy to quantify, we can manipulate numbers.
-we can summarize quantified responses freom a large sampe more than non-quatified
-
Term
3 Properties of Numbers
Definition
1)numbers follow a rank order
2)we can compare intervals or differences between pairs of numbers
3)divide one number by another to create a ratio
Term
Nominal number
Definition
categorical numbers are numerals used for identification only, value is irrelevant
Term
ordinal number
Definition
the numbers possess a rank order; allows us to look at the median
Term
interval number
Definition
all properties of an ordinal scale, difference is between scale value (like speed limit)
Term
ratio number
Definition
all properties of interval scale, ratios have meaningful interpretation (most versatile scale of all)
Term
Nominal and Ordinal
Definition
Non-Metric
Term
Interval and ratio
Definition
Metric
Term
Classes of variable reason (4)
Definition
Attributes
Behavior
Beliefs
Attitude
Term
attributes
Definition
personal or demographic characteristic (age, size of house or children)
Term
behavior
Definition
related to how often do you go to the store, what magazine do you read
Term
beliefs
Definition
knowledge and what respondents consider being true, whether or not it is true
Term
attitude
Definition
very critical, impacts our decision making and reflects judgements (similar to beliefs)
Cognitice, affective, conative --> key determinant of behavior
Term
reporting scaling questions
Definition
scaling questions to allow the respondents to provide an opinion or belief level, and allow the researchers to perform analysis on those
Term
Scales allow us to (3 things)
Definition
1) to observe certain behavior
2) people to react to partially structered stimuli
3)to evaluate
Term
itemized
Definition
give specific responses
Term
2 levels of response categories
Definition
even - specific choice either good or bad
bad - allows neutral choice
Term
editing
Definition
process of examining the completed data collection forms and taking whatever corrective action is needed to ensure that the data is of high quality (collected correctly)
Term
Preliminary or field audit (3)
Definition
to ensure we have readable, legible forms
1- inappropriate responses
2- incomplete interviews
3- forms not readible
Term
Murphy's Law
Definition
things that the gov't thinks can go wrong, WILL go wrong!
Term
sequence of coding (3)
Definition
1) transforming responses into meaningful categories
2) assigning numerical codes
3) facilitate numerical analysis
Term
preliminary data analysis
Definition
identify measures of central tendency
--> mode, median, mean
Term
Measures of dispersion RV(2)
Definition
range - difference between smallest and largest, this is the easiest to commute
variance - measure of dispersion of respondents around the mean
Term
frequency distribution 1,2 (2)
Definition
one way table - shows distribution of single table

2 way table - shows 2 different variable
Term
descriptive analysis
Definition
consists of computing measures of central tendency + dispersion as well as constructing tables and research summaries of nature of study variables
Term
Hypothesis (2)
Definition
null hypothesis - the original hypothesis

alternative hypothesis - they compliment each other, are mutually exclusive and collectively exhausted

-use alternative if null is rejected
Term
type 1 error (hypothesis testing)
Definition
committed if null hypothesis is true but is rejected
Term
type 2 error
Definition
committed if null hypothesis is false but is not rejected
Term
decision rule
Definition
guideline that specifies sample evidence necessary to reject null hypothesis
Term
7 Steps of hypothesis testing
Definition
1) Set up Null Hypothesis first and then set up the alt hypothesis.
2) identify nature of sampling distribution curve and specify the appropriate test statistic (what are we calculating)
3) determine whether hypothesis is 1 tail or 2 tail?
4)take into account the specified significance level which can be found on (appropriate statistical table) and determine the critical value
5) state decision rule for rejecting the null hypothesis
6)compute the value for the test statistic from sample data
7) using decision rule (step 5), either reject or accept the Null Hypothesis
Term
2 factors for choosing appropriate analysis procedures
Definition
1) # of variables that you are analyzing, univariate (one variable (gender) or multivariate) 2 or more

2) nature of the data we are collecting
- data nominal? ordinal? interval? or ratio?
Term
cross tabulations
Definition
table that looks at 2 variables (chi square or two way table)
Term
test of 2 means
Definition
2 independent samples and compare them statistically.
Term
correlation - 2
Definition
degree and direction of association as a single number
Term
spearman correlation coefficient (1)
Definition
linear between 2 ordinal rank order variables (identical)
Term
pearson correlation coefficient (2)
Definition
interval/ratio greater than 1 variable
Term
regression (2)
Definition
generate a mathematical function or equation linking variables.
-single regression analysis
- multiple regression analysis
Term
extrapolation
Definition
using trends from the past to predict future
Term
predictive
Definition
using modeling of various stats that allows to observe relationship overtime
Term
simple regression anal
Definition
generates mathematical relationship regression between one variable designated as the dependent (x) and the other independent (y)
Term
multiple (multi- collinearity) regresson anal
Definition
when there are 2 or more independent variables, highly correlated
Term
dependence techniques
Definition
1 variable is designated as a dependent variable and all the rest are independent variable
Term
independent techniques
Definition
there are no dependent or interdependent designations - all treated equally - looking for underlying relationships
Term
ANOVA - analysis of variables
Definition
technique for detecting relationships of interval and ratio and 1 or more non metric variables
high level, mid level, low level
Term
interaction affect
Definition
said to be present when the relative impact of treatment levels of one factor varies across treatments levels of another factor
Term
interdependence techniques (2)
(factor analysis) (1)
Definition
- fa- data + variable reduction techniques that attempts to partition into a given set of variables into groups (factors) of **maximum correlated variables**
Term
cluster analysis(2)
Definition
segments objects into groups so that members of those groups share as much info as possible
Term
multi dimensional scaling -
Definition
intended to find the underlying dimension, multiple factors
*used to identify relative positions* of brands as perceived by customers. Perception rather than fact
Term
Conjoint Analysis
Definition
technique for deriving utility values that customers attach to different levels of an objects attributes
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