Business Research Neo
Business Research Neo
Welcome to Module 6 – QUANTITATIVE RESEARCH METHODS
In this module, we will discuss quantitative research methods as compared to qualitative
research methods. You are going to be equipped with the distinction between the
quantitative and qualitative methodologies. At the end of this module, you are going to
outline the steps to undergo in the identified research methodology recommended for
the nature of research study you want to dwell with.
We are now getting ready to pursue this step of your research journey! Enjoy while
learning and pursuing the research process!
MODULE 6 LEARNING OBJECTIVES:
By the end of this module, the students will be able to:
1. Describe the different quantitative and qualitative research methods.
2. Outline the major steps in conducting various types of research methods
3. Distinguish when to use the various research methods.
LECTURE DISCUSSIONS
6.1. QUANTITATIVE RESEARCH METHODS
Quantitative research is “Explaining phenomena by collecting numerical data that are
analyzed using mathematically based methods (in particular
statistics)” http://www.sagepub.com/sites/default/files/upm-binaries/36869_muijs.pdf
Quantitative research finds precise measurement of something/factors/condition of
variables under investigation. Quantitative methodologies in business research usually
measure consumer behavior, knowledge, opinions, or attitudes. Such methodologies
answer questions related to how much, how often, how many, when and who. A survey
is considered as a dominant methodology among other methodologies in the conduct of
quantitative research.
SUPPLEMENTAL READINGS... READ THESE
Broader knowledge on Quantitative Research Methods through Readings on the link
provided as follows:
http://www.sagepub.com/sites/default/files/upm-binaries/36869_muijs.pdf
https://education.nova.edu/Resources/uploads/app/35/files/arc_doc/quantitative_resear
ch_methods.pdf
https://hls.harvard.edu/content/uploads/2011/12/quantitative_methods.pdf
6.2 QUALITATIVE RESEARCH METHODS
Qualitative research includes an variety of interpretive techniques which seek to
describe, decode, translate and otherwise comes to terms with the meaning, not the
frequency of certain more or less occurring phenomenon in a social world.
Qualitative research methods are used in both data collection and data analysis stages
of the research process.
At the data collection stage, the techniques include focus groups discussion (FGD),
individual depth interview (IDIs), case studies, ethnography, grounded theory, action
research, and observation.
At the data analysis stage, the techniques used are content analysis of written or
recorded materials drawn from personal expressions by participants, behavioral
observations, debriefing of observers, the study of artifacts and trace of evidences from
the physical environment.
SUPPLEMENTAL VIDEO... WATCH THIS
Have a clearer distinction between quantitative and qualitative research methods thru
this link:
Qualitative vs. quantitative research
Published on April 12, 2019 by Raimo Streefkerk. Revised on June 19, 2020.
When collecting and analyzing data, quantitative research deals with numbers and
statistics, while qualitative research deals with words and meanings. Both are important
for gaining different kinds of knowledge.
Quantitative research Quantitative research is expressed in numbers and graphs. It
is used to test or confirm theories and assumptions. This type of research can be
used to establish generalizable facts about a topic.
Common quantitative methods include experiments, observations recorded as numbers,
and surveys with closed-ended questions.
Qualitative research Qualitative research is expressed in words. It is used to
understand concepts, thoughts or experiences. This type of research enables you to
gather in-depth insights on topics that are not well understood.
Common qualitative methods include interviews with open-ended questions,
observations described in words, and literature reviews that explore concepts and
theories.
FAQS
Quantitative research deals with numbers and statistics, while qualitative
research deals with words and meanings.
Quantitative methods allow you to test a hypothesis by systematically collecting and
analyzing data, while qualitative methods allow you to explore ideas and experiences in
depth.
In mixed-methods research, you use both qualitative and quantitative data collection
and analysis methods to answer your research question.
The research methods you use depend on the type of data you need to answer
your research question.
If you want to measure something or test a hypothesis, use quantitative methods.
If you want to explore ideas, thoughts and meanings, use qualitative methods.
If you want to analyze a large amount of readily-available data, use secondary
data. If you want data specific to your purposes with control over how it is
generated, collect primary data.
If you want to establish cause-and-effect relationships between variables,
use experimental methods. If you want to understand the characteristics of a
research subject, use descriptive methods.
Data collection is the systematic process by which observations or measurements are
gathered in research. It is used in many different contexts by academics, governments,
businesses, and other organizations.
There are various approaches to qualitative data analysis, but they all share five steps
in common:
1. Prepare and organize your data.
2. Review and explore your data.
3. Develop a data coding system.
4. Assign codes to the data.
5. Identify recurring themes.
The specifics of each step depend on the focus of the analysis. Some common
approaches include textual analysis, thematic analysis, and discourse analysis.
QUANTITATIVE RESEARCH
Surveys: List of closed or multiple choice questions that is distributed to
a sample (online, in person, or over the phone).
Experiments: Situation in which variables are controlled and manipulated to
establish cause-and-effect relationships.
Observations: Observing subjects in a natural environment where variables
can’t be controlled.
QUALITATIVE RESEARCH
DATA COLLECTION
Data collection is the process of gathering and measuring information on
variables of interest, in an established systematic fashion that enables one to
answer stated research questions, test hypotheses, and evaluate outcomes.
Different Types of Data for Analysis
Types of Variables
According to the level of measurement:
Continuous or Quantitative Variables
Discrete or Qualitative Variables
Continuous or Quantitative Variables
Interval - scale Variables
Continuous Ordinal Variables
Interval - scale Variables
Ratio - scale Variables
Interval Variables
The highest form of measurement and the easiest to manipulate and analyze
Fixed and consistent space between each variable
Interval - scale Variables
Interval scale data has order and equal intervals. Interval scale variables are
measured on a linear scale, and can take on positive or negative values.
It is assumed that the intervals keep the same importance throughout the scale.
They allow us not only to rank order the items that are measured but also to quantify
and compare the magnitudes of differences between them.
We can say that the temperature of 40°C is higher than 30°C, and an increase from
20°C to 40°C is twice as much as the increase from 30°C to 40°C. Counts are
interval scale measurements, such as counts of publications or citations, years of
education, etc.
Continuous Ordinal Variables
They occur when the measurements are continuous, but one is not certain whether
they are on a linear scale, the only trustworthy information being the rank order of
the observations.
For example, if a scale is transformed by an exponential, logarithmic or any other
nonlinear monotonic transformation, it loses its interval - scale property. Here, it
would be expedient to replace the observations by their ranks.
Ratio - scale Variables
These are continuous positive measurements on a nonlinear scale.
Ratio data are also interval data, but they are not measured on a linear scale. . With
interval data, one can perform logical operations, add, and subtract, but one cannot
multiply or divide.
For instance, if a liquid is at 40 degrees and we add 10 degrees, it will be 50 degrees.
However, a liquid at 40 degrees does not have twice the temperature of a liquid at 20
degrees because 0 degrees does not represent "no temperature" -- to multiply or divide
in this way we would have to use the Kelvin temperature scale, with a true zero point (0
degrees Kelvin = -273.15 degrees Celsius). In social sciences, the issue of "true zero"
rarely arises, but one should be aware of the statistical issues involved.
QUALITATIVE OR DISCRETE VARIABLES
Nominal Variables
Ordinal Variables
Dummy Variables from Quantitative Variables
Preference Variables
Multiple Response Variables
Nominal Variables
Cannot be ranked
g. to offer alternative answers in a multiple choice question
Examples:
Marketing management strategies
Financial Management strategies
Risk Management
Investment
Nominal variables allow for only qualitative classification.
can be measured only in terms of whether the individual items belong to certain distinct
categories, but we cannot quantify or even rank order the categories
assignment of numbers to categories is purely arbitrary.
Ordinal Variables
Can be ranked
Ordinal data has order, but the intervals between scale points may be uneven. Because
of lack of equal distances, arithmetic operations are impossible, but logical operations
can be performed on the ordinal data.
g. socio-economic status of families.
useful for subjective assessment of 'quality; importance or relevance'.
Dummy Variables from Quantitative Variables
A quantitative variable can be transformed into a categorical variable, called a dummy
variable by recoding the values. Consider the following example: the quantitative
variable Age can be classified into five intervals. The values of the associated
categorical variable, called dummy variables, are 1, 2,3,4,5:
1 [Up to 25]
2 [25, 40 ]
3 [40, 50]
4 [50, 60]
5 [Above 60]
Preference Variables
Preference variables are specific discrete variables, whose values are either in a
decreasing or increasing order. For example, in a survey, a respondent may be asked
to indicate the importance of the following nine sources of information in his research
and development work, by using the code [1] for the most important source and [9] for
the least important source:
Literature published in the country
Literature published abroad
Scientific abstracts
Unpublished reports, material, etc.
Discussions with colleagues within the research unit
Discussions with colleagues outside the research unit but within institution
Discussions with colleagues outside the institution
Scientific meetings in the country
Scientific meetings abroad
*Note that preference data are also ordinal.
Multiple Response Variables
Multiple response variables are those, which can assume more than one value. A
typical example is a survey questionnaire about the use of computers in research. The
respondents were asked to indicate the purpose(s) for which they use computers in
their research work. The respondents could score more than one category.
Statistical analysis
Lab automation/ process control
Data base management, storage and retrieval
Modelling and simulation
Scientific and engineering calculations
Computer aided design (CAD)
Communication and networking
Graphics
Dichotomous Variables
The answers can easily fall into one or two categories
CODING AND ENTERING DATA
Set out data in a matrix (Excel/SPSS/Spreadsheet)
Coding
Male 1 Female 2
nominal variables can be text names
Consequences from improperly collected data
inability to answer research questions accurately
inability to repeat and validate the study
distorted findings resulting in wasted resources
misleading other researchers to pursue fruitless avenues of investigation
compromising decisions for public policy
causing harm to human participants and animal subjects
DATA ANALYSIS
a process of inspecting, cleaning, transforming, and modeling data with the goal of
discovering useful information, suggesting conclusions, and supporting decision
making.
Summarizing the trend patterns observed in the data presented in order to arrive at
concrete and acceptable findings
Univariate, Bivariate or Multivariate
Univariate
IDAMS (Internationally developed Data Analysis and Management Software)
STATISTICAL TOOLS
Bivariate analysis - Relationship between variables
Set up a frequency table
If It involves independent variable, it should be shown in a column variable.
Pearson’s r or Pearson’s Moment Correlation Coefficient (PMCC)
Looks for relationship between interval variables; ranges from 0 (no
relationship) to 1 (perfect relationship)
Regression Analysis
regression coefficient = r2 * 100
or
Describes the proportion of variation in one dependent variable accounted for by the
other independent variable
Spearman’s rho
used when one or two variables is/are ordinal and the other is ordinal or interval
outcome between 0 and 1
Phi and Cramer’s V
Phi’s used for exploring relationship between dichotomous variables
Cramer’s V does the same for two nominal variables
outcomes: 0, +1, -1
can only show strength of relationship, not direction
Eta
used to explore relationships between an interval variable and a nominal variable
can only show strength of relationship, not direction
Statistical significance
A way of testing the level of confidence that a probability sampling technique has
generated results
Can be applied to a full population
Can estimate the chance of no relationship
Null hypothesis is set up, decide the acceptable level of significance,
Descriptive statistics
provide basic information about the distribution of a variable in a data set, such as:
(i) Its central tendency – How the data ‘bunch up’
- a single value that attempts to describe a set of data by identifying
the central position within that set of data
- are sometimes called measures of central location and also classed
as summary statistics that represents the center point or typical value of a data
set
- these measures indicate where most values in a distribution fall
STATISTICAL TOOLS TO MEASURE CENTRAL TENDENCY
Mean – the sum of the numbers divided by the number of numbers
Median – midpoint of a distribution: the same number of scores is above the median as
below it
Mode – the most frequently occurring value
Learn more on these statistical tools thru this link:
onlinestatbook.com