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Statistical Analysis
Every set of data collected needs some summary information developed that describes the numbers it contains.
Central tendency and dispersion
Relationships of the sample data
Hypothesis testing
Measures of Central Tendency
Mean
Median
Mode
Mean
The numerical average of the sample.
All values of a distribution of responses are summed and divided by the number of valid responses.
Median
The middle value of a rank ordered distribution.
Exactly half of the responses are above and half are below the median value
Mode
The most common value in the set of responses to a question.
The response most often given to a question
Measures of Dispersion
Range
Standard deviation
Variance
Range
The distance between the smallest and largest values in a set of responses.
Standard deviation
The average distance of the distribution values from the mean.
Variance
The average squared deviation about the mean of a distribution of values.
Considerations of choosing a technique
Number of variables
Scale of measurement
Univariate Statistical Tests
Used to test hypotheses when the researcher wishes to test a proposition about a sample characteristic against a known or given standard.
Means Comparison Statistical Tests
Test hypotheses that compare the characteristics of two or more groups or variables.
T-test: compares 2 means
Analysis of Variance (ANOVA): compares 3 or more means
T-test
A hypothesis test that utilizes the t distribution.
Especially useful when the sample size is smaller than 30 and the standard deviation is unknown.
Analysis of Variance (ANOVA)
A statistical technique that determines whether 3 or more means are statistically different from one another.
Null hypothesis for ANOVA always states that there is no difference between the dependent variable group.
F-Test
The test used to statistically evaluate the differences between the group means in ANOVA
Follow-up tests (post hoc)
A test that flags the means that are statistically different from each other.
Performed after an ANOVA determines there are differences between means.
Perceptual Mapping
Used to develop maps showing the perceptions of respondents.
Maps are visual representations of respondents’ perceptions of a company, product, service, brand or any other object in 2 dimensions.
Approaches used to develop perceptual maps
Rankings
Medians
Mean ratings
Perceptual Mapping Applications in Marketing Research
New product development
Image measurement
Advertising
Distribution