Probability sampling methods ensure each population element has a known chance of selection and an equal likelihood of being chosen. Advantages include being more representative and enabling generalized conclusions, while disadvantages can be time/cost. Non-probability sampling has unknown selection probabilities and potential biases. Primary data is collected directly while secondary data comes from existing sources but is quicker/cheaper to obtain. Samples allow efficient information gathering compared to exhaustive censuses.
Probability sampling methods ensure each population element has a known chance of selection and an equal likelihood of being chosen. Advantages include being more representative and enabling generalized conclusions, while disadvantages can be time/cost. Non-probability sampling has unknown selection probabilities and potential biases. Primary data is collected directly while secondary data comes from existing sources but is quicker/cheaper to obtain. Samples allow efficient information gathering compared to exhaustive censuses.
Probability sampling methods ensure each population element has a known chance of selection and an equal likelihood of being chosen. Advantages include being more representative and enabling generalized conclusions, while disadvantages can be time/cost. Non-probability sampling has unknown selection probabilities and potential biases. Primary data is collected directly while secondary data comes from existing sources but is quicker/cheaper to obtain. Samples allow efficient information gathering compared to exhaustive censuses.
Probability sampling methods ensure each population element has a known chance of selection and an equal likelihood of being chosen. Advantages include being more representative and enabling generalized conclusions, while disadvantages can be time/cost. Non-probability sampling has unknown selection probabilities and potential biases. Primary data is collected directly while secondary data comes from existing sources but is quicker/cheaper to obtain. Samples allow efficient information gathering compared to exhaustive censuses.
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PROBABILITY SAMPLING
• Every element in the population has a non-zero probability of selection
and each member of the population has an equal probability of being selected. SOME METHODS IS simple random sampling, systematic sampling, frequency distribution. • ADVANTAGES: 1. IS MORE LIKELY TO BE REPRESENTATIVE, IS LESS LIKELY TO BE BIASED 2. THE ABILITY TO GENERALIZE CONCLUSIONS ABOUT POPULATION IS HIGHER • DISADVANTAGES: 1. CAN BE TIME CONSUMING AND EXPENSIVE 2. IN SIMPLE RANDOM SAMPLING IT CAN MISS RELEVANT PIECES OF INFORMATION FROM OTHER PEOPLE THAT WAS IMPORTANT NON- PROBABILITY SAMPLING • The probability of any member of the population being chosen unknown. You don’t have an equal probability to be selected for research. Some methods are convenience sampling, judgment sampling and snowball sampling. • ADVANTAGES: 1. Quick and convenient 2. Inexpensive • DISADVANTAGES: 1. Selection bias 2. Difficulty of assessing the quality Non probability sampling: • CONVENIENCE SAMPLE: it refers sampling procedures of obtaining people who are most conveniently available. • JUDGMENT SAMPLE: an experienced individual selects the sample upon his or her judgement about appropriate characteristic required of the sample members. Probability sampling: • SIMPLE RANDOM SAMPLE: assures that each element in the population will have an equal chance of being included in the sample. Is easy method when there is an electronic database. STEPS OF DRAWING A SAMPLE 1. DEFINE THE POPULATION: which people we are going to include. Depends on research. 2. DETERMINE THE SAMPLING FRAME: the target population are the population we want to observe while the survey population are what we can observe. 3. SELECT THE SAMPLING TECHNIQUE: we have 2 major categories of sampling. One is probability sampling – population has a non zero probability selection and each member has an equal probability of being selected. Other is non- probability sampling, any member being chosen unknown. You don’t have an equal probability to be selected. 4. DETERMINE THE SAMPLE SIZE: how many people are going to use. Quantitative minimum 200, qualitative maximum 200. 5. EXECUTE THE SAMPLING PROCESS: we have to collect the data from this people. MAIN ADVANTAGES AND LIMITATIONS OF RESEARCH TECHNIQUES • PERSONAL INTERVIEWS: ADVANTAGES: higher response rate, provides a grater opportunity to observe the behaviour and attitude of the respondent. Allows a respondent to adapt to questions – answers in depth. DISADVANTAGES: possibility of influencing the respondent, is an expensive procedure and is time- consuming. • FOCUS GROUP: ADVANTAGES: its considered as a reliable source of information because it is directly from the consumer and is specifically designed to meet the objectives of a project. DISADVANTAGES: is time consuming and expensive. • OBSERVATIONS: ADVANTAGES: you can observe what happens in a natural setting. DISADVANTAGES: the most limiting factor in the use of the observation method is the inability to observe such things • EMAIL QUESTIONNAIRES: ADVANTAGES: high quantity of data, low cost DOING EXPLORATORY DESCRIPTIVE AND CAUSAL RESEARCH • Exploratory Research: It helps to know when the researcher cannot identify and if there is mistakes or problem within the research it also Establish priorities that might be for further research. Discover new ideas / new products or new advertisement ideas. • Descriptive Research: Descriptive research can describe the characteristics of relevant groups, such as consumers, organizations, or market areas. Also to test advertising effectiveness. Descriptive research is used to find the most problem that affects a group or segment in the market, the reader of the research will be able to know what to do to prevent the problem , more people will be satisfied. • Causal Research: It is used to understand which variables are the cause, specially independent/ dependent variables and which variables are the effect for the case. It also give a common design for the educational studies. QUESTIONNAIRE RESEARCH PURPOSE • Questionnaire is a vehicle used to prove the questions that the researcher wants respondents to answer Use of this is to collect responses from a large sample before quantitative analysis. There are 9 steps to design the process: 1. Specify the information needed: decide what kind of data to include in the questionnaire by establishing what information will be collected and from whom. 2. Type of interviewing method: review the type of interviewing method determined based on considerations discussed for instance, personal interviews. 3. Individual question content: see if the questions are necessary. Make sure each question is specific and used 1 time only. 4. Overcoming inability and unwillingness: we have to give examples to the respondent, people tend to remember more. 5. Choosing question structure: 2 structures- the 1 UNSTRUCTED QUESTIONS where choosing from among a set of alternative. The other is STRUCTURED QUESTIONS where it specify the set of response alternatives. 6. Choosing question wording: we have use simple words that everyone understand. We also have to AVOID LEADING QUESTIONS, which are questions that clues the respondent to what the answer should be. 7. Determine the order of the question: the opening questions should be interesting, simple. The basics information should be obtained first and the difficult questions at the end. 8. Form and layout: divide the questionnaire in some parts. The question in each part should be numbered. 9. Pretesting: we pretest the questionnaire in order to make sure that they understand it. Testing that on a small sample of respondents to identify potential problems. All the aspects should be tested. ADVANTAGES TAKING A SAMPLE RATHER THAN DOING A CENSUS • A census involves collecting data from an entire population or target group. It aims to gather information from every individual or entity within a defined population. A sample in contrast, involves collecting data from a subset or smaller representation of the population. Advantages is that census can be really time consuming and expensive because a sample allows the researcher to obtain reliable and representative information while reducing costs. From the census, you collect data that are irrelevant with the purpose and this lead that is not time efficiency and in the sample you will gain what you want. PRIMARY AND SECONDARY DATA • PRIMARY DATA: refers to the first hand data gathered by the researcher himself. It’s a real time data and very involved from questionnaires, focus groups and interviews. They are expensive because the participants in the focus groups given money to them or vouchers to participate. Is reliable source of information for the research. • SECONDARY DATA: that are collected from other business research ,newspapers, books or reports. Is more quick, easy and less expensive than primary data. MANAGEMENT DECISION PROBLEM – BUSINESS RESEARCH DECISION PROBLEM Management Decision Problem: it pays more attention on the products/services and how it can be introduced or if the advertisement campaign should be changed or developed. Ex: Apple for any new Product. Business Research Problem: to define the customers preferences and purchase intentions for the proposed new product and also the effectiveness of the current advertising campaign. ex :Apple can be an example for adding and develop new features that customer prefer or asked for.