Research Strategy: Introduction
Basic Concepts: Research, Bus. Research; Methods and methodology; population and test; census and sampling; variable and characteristic; Operational classification; Data, data and knowledge;
Research is a process of identifying the position of a happening through deploying various strategies in a systematic manner.
Research is a systematic process of identifying the problems, defining the questions and objectives, discovering the variables/ indicators to address the aims, collecting, obtaining, processing and analyzing data to assess the inherent features of the sensation under analyze and to determine the objective basis for arriving at a correct/reliable decision.
вЂў Methodology is a combination of methods
вЂў Strategies are individually applicable.
вќ– By varying we imply the characteristics which may be measured and numerically indicated and the magnitude of which differs from individuals to people, item to item.
Earnings, sales, era + ongoing; family member вЂ“ discontinuous (discrete)
The characteristic which cannot be expressed numerically but signifies a difference in the quality with the phenomenon is unknown while an attribute. For example , Efficiency (Efficient/inefficient), Skill (skilled/unskilled).
вќ– Indicator вЂ“ The parameter, information/data on what cannot be accumulated directly yet can be predicted based on the information or data collected upon other factors and features.
Population and Sample
A population is the complete group of all products in which an investigator is interested. A population is the set of all the outcomes from a system or perhaps process that is to be studied. N signifies population size.
Examples of Populations
вћў Labels of all listed voters in the us. вћў Incomes of all households living in Daytona Beach.
вћў Annual results of all shares traded for the New York Stock Exchange. вћў Grade level averages of all the students in...