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Under what circumstances would the mode be the preferred measure of Central Tendency?
there can often be a "best" measure of central tendency with regards to the data you are analysing, but there is no one "best" measure of central tendency. [ This is because whether you use the median, mean or mode will depend on the type of data you have (see our Types of Variable guide), such as nominal or continuous data; whether your data has outliers and/or is skewed; and what you are
trying to show from your data. ]
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Asked 4/16/2013 7:44:39 AM
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What is the difference between an independent variable and a dependent variable? Give an example of a cause and effect relationship.
Weegy: The difference between an independent variable and a dependent variable: The independent variable is also called an experimental variable. It is the variable being manipulated in the experiment in order to show the effect on the dependent variable. [ The dependent variable is also called the response variable. It is the variable being observed in the experiment. A change in the independent variable is what causes the change (if any) in the dependent variable, which is the purpose of the experiment. *Cause and Effect Sometimes the dependent and independent variables are cause and effect. For example, a study looking at the number of cookies sold versus the amount of money earned can conclude the independent variable of the number of cookies causes the dependent variable, the amount of money earned. However, correlation is not proof of causation. In the example study of bicycle ride length versus the riders' heart rate, the length of the ride may appear to cause heart rates to increase, but the riders' age, health or technique might also cause the change in the dependent variable. ] (More)
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Asked 4/9/2013 4:44:29 PM
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What is an example of a problem that you would solve using applied business research?
Weegy: Applied research can be used to collect information about markets, competitors, and customers. For example, research can help pinpoint the optimal business location and the size of markets. It can also be used to monitor competitive actions. [ Customer research determines customer loyalty, customer satisfaction, and customer preferences. ] (More)
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Asked 4/10/2013 5:03:10 PM
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How often should a Marketing Research audit be conducted?
Weegy: One of the best ways for companies to do a better job of identifying needs is to step back and conduct an audit of what they are doing. This audit would focus on the following aspects of studies that they have taken. (More)
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Asked 4/12/2013 8:36:35 PM
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When is it appropriate to use exploratory research?
Weegy: Exploratory research is used to clarify a perceived problem. It is necessary to ensure that if there is a problem, it would be clearly understood before a company enpends resources to address it. [ And if they do address it, they would do so appropriately. It really involves looking at all factors before acting on information. ] (More)
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Asked 4/14/2013 5:38:32 PM
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How is basic business research different from applied business research?
Weegy: Basic research would basically refer to systematic study which is aimed at fuller knowledge or a deeper understanding of the essential aspects of phenomena as well as of observable facts. [ This would be done with no precise applications towards any processes or products in mind. At the same time basic research could possibly comprise activities with maybe broad applications in mind. On the other hand, applied research id systematic study undertaken to obtain knowledge or understanding which is necessary in order to establish the possible means by which a known and exact need may be met. The terms fundamental or pure research have also been applied to basic research. It refers to research motivated by a scientist's or person's curiosity or keen interest in a scientific question. Applied research may be thought of as intended to solve practical problems. ] (More)
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Asked 4/14/2013 5:44:37 PM
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