Exam (elaborations)
Business Research Methods (BRM) Chapter 1 Questions & answers with Complete Solutions 100%correct
- Course
- Institution
Business Research Methods (BRM) Chapter 1 Questions & answers with Complete Solutions 100%correct
[Show more]
Content preview
BusinessResearch
Methods
(BRM)
Chapter
1
Categorical
Variable
-
ANS-A
Variable
that
simply
places
an
individual
into
one
of
several
groups
or
categories
Census
-
ANS-A
sample
survey
that
attempts
to
include
the
entire
population
in
the
sample.
Data
-
ANS-The
actual
measurements
recorded
for
individuals.
Experiement
-
ANS-Deliberately
imposes
some
treatment
on
individuals
in
order
to
observe
their
responses
Individuals
-
ANS-The
objects
described
by
a
set
of
data.
-
It
can
be
people,
animals,
or
things.
Numerical
Variable
-
ANS-A
Variable
that
takes
numerical
values
for
which
arithmetic
operations
such
as
adding
and
averaging
make
sense.
-
Also
referred
to
as
Quantitative
Variable
Observational
Study
-
ANS-Observes
individuals
and
measures
variables
of
interest
but
does
not
intervene
in
order
to
influence
the
responses.
Population
-
ANS-A
statistical
study
is
the
entire
group
of
individuals
about
which
we
want
information.
Response
Variable
-
ANS-Variable
that
measures
an
outcome
or
result
of
a
study.
Sample
-
ANS-The
part
of
the
population
from
which
we
actually
collect
information
and
is
used
to
draw
conclusions
about
the
whole.
Statistics
-
ANS-The
science
(or
art)
of
data.
Variable
-
ANS-Any
characteristic
of
an
individual.
-
It
can
take
different
values
for
different
individuals.
What
do
Experiments
do?
-
ANS-Actually
do
something
to
individuals
in
order
to
see
how
they
respond.
What
does
a
Census
do?
-
ANS-Attempts
to
measure
every
individual
in
a
population.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller AnswersCOM. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
67163 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now