9318 solved no 2 (2)
9318 solved no 2 (2)
ISLAMABAD
(Department of Economics)
Level: BS Economics
Q.1 What are the major sources of data collection?
Ans. Data collection is a crucial part of the research process, as it involves gathering
the necessary information to answer research questions, test hypotheses, and
achieve research objectives. There are several major sources of data collection, each
with its own strengths and applications. Here’s an explanation of these sources:
- Strengths: They are versatile, can cover a large population, and allow for both
quantitative and qualitative data collection.
b. Interviews
- Strengths: Provide deep insights, allow for probing and clarification, and can
capture rich, qualitative data.
c. Observations
- Strengths: Provides real-time, contextual data and can capture non-verbal cues
that other methods may miss.
d. Experiments
- Strengths: Allows for causal inferences, provides strong internal validity, and can
be replicated.
a. Published Sources
b. Official Statistics
- Strengths: High credibility, usually covers large populations, and is often available
for free or at a low cost.
- Examples: Census data, labor market statistics, health surveys, educational statistics.
c. Databases and Repositories
- Explanation: These are digital or physical collections of data sets that researchers
can access for analysis. They often include large amounts of data across various
fields.
- Strengths: Provides access to large, often well-organized datasets that can be used
for extensive analysis.
d. Company Records
- Strengths: Specific to the organization, provides historical and real-time data that can
be directly relevant to the research.
e. Online Sources
- Explanation: Data from websites, social media, blogs, and other online platforms
where information is regularly updated and accessible.
- Strengths: Real-time data, extensive reach, and often free to access. It can provide
both qualitative and quantitative data.
- Examples: Social media analytics, web traffic data, online reviews, digital archives.
Tertiary data sources compile and summarize primary and secondary data sources,
often used for quick reference or overviews.
a. Encyclopedias and Dictionaries
- Strengths: Helps researchers quickly find relevant literature and data sources.
Summary
The major sources of data collection include **primary data sources** (e.g., surveys,
interviews, observations, experiments), **secondary data sources** (e.g., published
sources, official statistics, databases, company records, online sources), and **tertiary
data sources** (e.g., encyclopedias, indexes). Each source has its own strengths and is
suitable for different types of research depending on the objectives, resources, and the
nature of the data required. Understanding these sources allows researchers to choose
the most appropriate methods for collecting data that will answer their research
questions effectively and accurately.
1. Definition
2. Selection Method
3. Examples of Techniques
- Probability Sampling:
- Simple Random Sampling: Every individual has an equal chance of being selected.
- Systematic Sampling: Every nth individual is selected from a list after a random
start.
- Stratified Sampling: The population is divided into strata, and random samples
are taken from each stratum.
- Cluster Sampling: The population is divided into clusters, and a random sample of
clusters is selected, with all or random members from the chosen clusters being
studied.
- Non-Probability Sampling:
- Quota Sampling: Samples are selected to ensure that specific subgroups are
represented in the study in proportion to their occurrence in the population.
- Probability Sampling: Reduces the risk of selection bias because of the random
selection process. The results are generally more accurate and reliable.
6. Use in Research
- Probability Sampling: Often more complex and costly to implement due to the need for
a complete population list and randomization processes.
- Non-Probability Sampling: Generally simpler and less costly, making it more practical
for smaller studies or when time and resources are limited.
8. Examples of Application
- Probability Sampling: Used in national opinion polls, health surveys, and other studies
where it is important to accurately reflect the views or characteristics of a large
population.
Summary
Plagiarism is the act of using someone else’s work, ideas, words, or intellectual
property without proper acknowledgment, presenting them as your own. This can
include copying text, paraphrasing ideas, or using someone else’s data, research, or
creative work without giving due credit. Plagiarism is considered a serious ethical
violation in academia,
publishing, and professional fields.
Types of Plagiarism:
2. Self-Plagiarism: Reusing your own previous work without acknowledging that it has
been submitted elsewhere.
1. Academic Penalties
- Impact: These penalties can significantly impact a student’s academic record and
future opportunities.
2. Damage to Reputation
3. Legal Consequences
4. Loss of Opportunities
- Impact: This can severely restrict one’s ability to practice in their field or result
in permanent exclusion from professional organizations.
- Impact: Retractions can damage the credibility of all associated research and can
have lasting effects on an academic’s career.
Summary
Plagiarism is the unethical practice of using another’s work without proper
acknowledgment. Its major consequences include academic penalties, damage
to reputation, legal issues, loss of opportunities, ethical ramifications,
professional
disciplinary actions, and potential retraction of published work. These consequences
highlight the importance of maintaining academic and professional integrity by
properly citing and acknowledging all sources of information.
- Importance: This ensures that the report is relevant and resonates with the
owner, addressing their specific concerns and objectives.
- Importance: The owner is likely busy and needs to grasp the report’s key
messages quickly. Clear and concise communication makes it easier for them to
make informed decisions.
- Explanation: Highlight the most important metrics, data points, and outcomes
relevant to the owner's interests. Use charts, graphs, and tables to present data
visually.
- Importance: Focusing on key metrics helps the owner quickly assess the situation
and understand the implications of the report.
- Importance: Context and analysis help the owner understand not just what
happened, but why it happened and what it means for the future
- Explanation: Clearly outline the successes and any challenges or obstacles faced
during the reporting period. Be honest about issues and potential risks.
- Importance: A well-structured report is easier to read and ensures that the owner
can follow the progression of ideas and information logically.
- Explanation: Begin the report with a concise executive summary that outlines the
key points, findings, and recommendations.
- Importance: The executive summary provides a quick overview, allowing the owner
to grasp the main points without reading the entire report.
- Importance: Timely reporting ensures that the information is relevant and can be
acted upon promptly
- Importance: Following up ensures that any questions are answered and that the
owner fully understands the report's content and implications.
Summary
When reporting to the owner or key stakeholder, it's essential to understand their
needs, communicate clearly and concisely, focus on key data, provide context and
actionable recommendations, and present the report professionally. By following
these steps, you ensure that the owner receives the information they need in a
manner that supports effective decision-making and strategic planning.
Q.5 Explain the cluster sampling with appropriate examples.
- Identify the entire population and divide it into non-overlapping clusters. These
clusters should ideally be heterogeneous within themselves but homogeneous
between each other.
2. Select Clusters:
- Randomly select a sample of clusters from the total list of clusters. This can be
done using methods such as simple random sampling or systematic sampling.
- Collect data from all individuals within each selected cluster (one-stage cluster
sampling) or select a random sample of individuals within each chosen cluster (two-
stage cluster sampling).
4. Analyze Data:
- Combine the data from the selected clusters to make inferences about the
entire population.
1. Educational Research:
2. Health Surveys:
3. Market Research:
4. Agricultural Studies:
- Application: The region is divided into clusters based on farms or fields. A random
sample of farms is selected, and then data on crop yields is collected from these
selected farms to make inferences about the entire region’s crop yield.
1. Less Precision: The estimates from cluster sampling may be less precise than
those from simple random sampling, especially if the clusters are not homogeneous
within themselves.
2. Cluster Variability: If the clusters are very different from each other, the results
may not be as generalizable to the whole population.
3. Potential for Increased Sampling Error: The variability within clusters can lead
to increased sampling error compared to other sampling methods.
Summary
Cluster sampling is a probability sampling method that involves dividing the population
into clusters and then randomly selecting some of these clusters to survey. It is
particularly useful for large populations spread over wide areas, offering a cost-effective
and practical way to gather data. However, it may result in less precision and
generalizability compared to other sampling methods.