Research Methods

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Business Research Methods

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Research Methods

 

Rationale

Research is often described as an active, diligent, and systematic process of inquiry aimed at discovering, interpreting and revising facts. This intellectual investigation produces a greater understanding of events, behaviors, or theories, and makes practical applications through laws and theories. The term research is also used to describe a collection of information about a particular subject, and is usually associated with science and the scientific method.

The word research derives from Middle French (see French language); its literal meaning is 'to investigate thoroughly'.

Thomas Kuhn, in his book The Structure of Scientific Revolutions, traces an interesting history and analysis of the enterprise of research.

The purpose of business research is to assist managers in making more informed and responsible decisions.  The basic intention of this course is to sharpen critical thinking processes by studying and applying scientific methods to problem solving.  The main topics covered in the course include research design,sources and data collection methods, data analysis and interpretation, report preparation and presentation and the ethics of business research. 

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Statistics is a mathematical science pertaining to the collection, analysis, interpretation, and presentation of data. It is applicable to a wide variety of academic disciplines, from the physical and social sciences to the humanities; it is also used for making informed decisions in all areas of business and government.

Statistical methods can be used to summarize or describe a collection of data; this is called descriptive statistics. In addition, patterns in the data may be modeled in a way that accounts for randomness and uncertainty in the observations, to draw inferences about the process or population being studied; this is called inferential statistics. Both descriptive and inferential statistics can be considered part of applied statistics. There is also a discipline of mathematical statistics, which is concerned with the theoretical basis of the subject.

The word statistics is also the plural of statistic (singular), which refers to the result of applying a statistical algorithm to a set of data. Thus we speak of employment statistics, accident statistics, etc.

 

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Introduction to Business Research

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Research Proposal Example – Useful Guide Papers

 

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The Design of Research

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Research design provides the glue that holds the research project together. A design is used to structure the research, to show how all of the major parts of the research project -- the samples or groups, measures, treatments or programs, and methods of assignment -- work together to try to address the central research questions. Here, after a brief introduction to research design, I'll show you how we classify the major types of designs. You'll see that a major distinction is between the experimental designs that use random assignment to groups or programs and the quasi-experimental designs that don't use random assignment. [People often confuse what is meant by random selection with the idea of random assignment.

You should make sure that you understand the distinction between random selection and random assignment.] Understanding the relationships among designs is important in making design choices and thinking about the strengths and weaknesses of different designs. Then, I'll talk about the heart of the art form of designing designs for research and give you some ideas about how you can think about the design task. Finally, I'll consider some of the more recent advances in quasi-experimental thinking -- an area of special importance in applied social research and program evaluation.

 

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Statistical surveys are used to collect quantitative information about items in a population. Surveys of human populations and institutions are common in political polling and government, health, social science and marketing research. A survey may focus on opinions or factual information depending on its purpose, and many surveys involve administering questions to individuals. When the questions are administered by a researcher, the survey is called a structured interview or a researcher-administered survey. When the questions are administered by the respondent, the survey is referred to as a questionnaire or a self-administered survey.

 

 

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Samples and Populations

 

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Analysis and Presentation of Data

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Data analysis is the process of looking at and summarizing data with the intent to extract useful information and develop conclusions. Data analysis is closely related to Data mining , but data mining tends to focus on larger data sets, with less emphasis on making inference , and often uses data that was originally collected for a different purpose. In statistical applications , some people divide data analysis into descriptive statistics , exploratory data analysis and confirmatory data analysis , where the EDA focuses on discovering new features in the data, and CDA on confirming or falsifying existing hypotheses.

Data analysis assumes different aspects, and possibly different names, in different fields.

 

 

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Fundamentals of Statistics

 

 

Recommended Texts

 

Business Research Methods

Business Research Methods, 8/e Donald R Cooper, Florida Atlantic University
Pamela S Schindler, Wittenberg University

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Methods In Behavioral Research

Methods In Behavioral Research, 8/e

Paul C. Cozby, Cal State Fullerton & Northcentral University
ISBN: 0072523425
Copyright year: 2004

 

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The Research Process: A Complete Guide and Reference for Writers
The Research Process: A Complete Guide and Reference for Writers, 2nd Edition
Martin Maner, WRIGHT STATE UNIV-DAYTON 
Spiral Bound/Comb
©2000, ISBN 0767411390

 

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