Assignment 3 .RM
Assignment 3 .RM
ASSIGNMENT ON-
DATA COLLECTION
SUBJECT-RESEARCH METHODOLOGY
SUBMITTED BY- DR. AKHILESH KUMAR DUBEY
PREPARED BY-MS. SHREYA MADDESIYA
DATA COLLECTION:
Data collection is a crucial step in research, business intelligence, and decision-making
processes. It involves systematically gathering and measuring information on variables of
interest, using established protocols to ensure accuracy and reliability.
1. Primary data collection: Gathering new data directly from first-hand sources.
- Surveys and questionnaires
- Interviews (structured, semi-structured, unstructured)
- Observations (participant and non-participant)
- Experiments
- Focus groups
2. Secondary data collection: Using existing data from previous studies or sources.
- Literature reviews
- Government records
- Census data
- Company reports
- Archived research data
1. Descriptive Analysis:
This method summarizes and describes the main features of a dataset.
Techniques:
- Measures of central tendency (mean, median, mode)
- Measures of dispersion (range, variance, standard deviation)
- Frequency distributions
- Data visualization (histograms, bar charts, pie charts, scatter plots)
Example: Calculating the average age and income distribution of customers in a market
research study.
2. Inferential Analysis:
This method uses sample data to make predictions or inferences about a larger population.
Techniques:
- Hypothesis testing
- Confidence intervals
- Regression analysis
- Analysis of variance (ANOVA)
Example: Using a sample of voters to predict election outcomes for an entire state.
3. Qualitative Analysis:
This method interprets non-numerical data to uncover patterns, themes, and meanings.
Techniques:
- Thematic analysis
- Content analysis
- Grounded theory
- Discourse analysis
- Narrative analysis
4. Quantitative Analysis:
This method applies statistical techniques to numerical data to identify relationships and
trends.
Techniques:
- Correlation analysis
- Regression analysis (linear, multiple, logistic)
- Factor analysis
- Time series analysis
- Cluster analysis
Example: Examining the relationship between advertising spend and sales revenue over
time.
Techniques:
- Data visualization
- Summary statistics
- Dimensionality reduction (e.g., Principal Component Analysis)
- Outlier detection
Example: Using scatter plots and correlation matrices to explore relationships between
multiple variables in a dataset.
6. Predictive Analysis:
This method uses historical data and statistical techniques to forecast future trends or
outcomes.
Techniques:
- Machine learning algorithms (e.g., decision trees, neural networks)
- Time series forecasting
- Regression models
- Classification models
Example: Using past sales data and economic indicators to forecast future sales for a retail
company.
7. Text Analysis:
This method extracts meaningful information from textual data.
Techniques:
- Sentiment analysis
- Topic modeling
- Named entity recognition
- Text classification
- Word frequency analysis
8. Network Analysis:
This method examines relationships and connections within a dataset, often represented as
nodes and edges in a graph.
Techniques:
- Centrality measures
- Community detection
- Link prediction
- Network visualization
Each of these methods of analysis provides different insights and is suitable for different
types of data and research questions. Often, a combination of these methods is used to gain a
comprehensive understanding of the data and to answer complex research questions.
The choice of analysis method depends on the nature of the data collected, the research
questions being addressed, and the goals of the study. It's crucial to select appropriate
methods that align with the data type and research objectives to ensure valid and meaningful
results.
METHOD OF ANALYSIS
Hypothesis Testing:
Hypothesis testing is a statistical method used to make inferences about a population based
on sample data. It involves formulating two competing hypotheses: the null hypothesis (H0)
and the alternative hypothesis (H1 or Ha).
1. Chi-Square Test:
The chi-square test is used to determine if there is a significant association between two
categorical variables or to test the goodness of fit between observed and expected
frequencies.
Steps:
1. Formulate hypotheses:
H0: There is no association between the variables
H1: There is an association between the variables
6. Compare the calculated χ² value with the critical value from the chi-square distribution
table or use p-value
Example: Testing if there's an association between gender and preference for a particular
product.
Steps are similar to the test of independence, but you compare observed frequencies to
expected frequencies based on a hypothesized distribution.
2. t-Test:
The t-test is used to determine if there is a significant difference between the means of two
groups or between a sample mean and a known population mean.
Types of t-tests:
a) One-sample t-test
b) Independent samples t-test
c) Paired samples t-test
Steps:
1. Formulate hypotheses:
H0: μ1 = μ2 (The means of the two groups are equal)
H1: μ1 ≠ μ2 (The means of the two groups are not equal)
4. Compare the calculated t-value with the critical value from the t-distribution table or use p-
value
Example: Comparing the mean test scores of two different teaching methods.
One-Sample T-Test:
Steps are similar to the independent samples t-test, but you compare one sample mean to a
known or hypothesized population mean.
Steps are similar to the independent samples t-test, but you use the differences between paired
observations.
Considerations:
1. Assumptions:
- Chi-square test: Expected frequencies should be at least 5 in each cell
- T-test: Normality of data, equality of variances (for independent samples t-test)
2. Effect size: Consider calculating effect size (e.g., Cohen's d for t-tests, Cramer's V for chi-
square) to understand the practical significance of results.
3. Power analysis: Determine the sample size needed to detect a specific effect size with
desired power.