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- A wallstreet journal subcriber survey asked 46 questions about subcribers characteristics and interest. State whether each of the following questions provides categorical or quantitative data. a. What is your age? b. Are you male or females? c. When did you first start reading the WSJ? High school , college, early career, midcareer, late career, or retirement? d. How long have you been in your present job or position? e. What type of vehicle are you considering for you next purchase? Nine response categories include sedan, sports car, SUV, minivan, and so on.Qualitative research aims to understand concepts, thoughts, or experiences. It provides in-depth insights into poorly understood topics—the data type deals with words, pictures, or descriptions. The methods involve using focus group(s) for “Open-ended questions” to explore subjects’ perspectives, Describing observations in words, and literature reviews. Qualitative research is also at risk for biases, including the Hawthorne effect, observer bias, recall bias, and social desirability bias. How do you ensure the reliability and validity of your findings in qualitative research?Dont reject ok solve it asap. LEAD.305.HSF1 Adaptive Decision Making Week 6 Forum on Experiments Having read last week's article on Online Experiments and this week's article on Smarter Business Experiments, share with the class your thoughts on how experiments help with better decisions? Initial Post should have 1 paragraph for each article. TO DO; YOU NEED TO RESPONSE TO YOUR (4) CLASSMATES POST ANSWER TO THE QUESTION ABOVE. EXAMPLE(Great add-on with the beta testing! I agree with you that experiments should not replace analytics...in fact I think we can utilize the analytics from the experience to better ourselves!) CLASSSMATE POST #1 Hi class, The article "Online Experiments" discusses the benefits of online experimentation for businesses. Online experiments allow businesses to gather data quickly and at a lower cost than traditional methods and can be used to test everything from website design to marketing strategies. The authors recommend using a scientific approach to…
- Because tests for the significance of coefficients in regression use two-tail hypothesis tests, which are less powerful than one-tail tests, it might be a good idea to A. This is a moot point because coefficient significance is not really important B. Whine and complain about it to your work colleagues C. Live with a less powerful test for significance D. Cut the p-value in half, or compare it to alpha times 2 to increase the test's power E. All of the above F. None of the aboveYour client (SuperSpool) imports hand-spun wool yarns from Australia and New Zealand. They have very little market share as they just started their business in the summer of 2021. Their biggest competitor is ClassicYarn. They want to increase awareness of their great products with the goal of gaining market share in the U.S. To help develop your agency's recommendations, you want to execute a survey of people who design knitting and crocheting patterns for customized clothing using specialty yarns. Which of the following questions is probably the BEST to use? A)Do you prefer hand spun yarns and American made products? B) Yes or No: Do you think ClassicYarn is a socially responsible company? C) On a scale of one to five with five meaning you strongly agree and one meaning you strongly disagree, how important is it that yarns you buy are made in the U.S.A.? D) Given current supply chain issues, knowing ClassicYarn uses only fibers made in the U.S.A., would you agree its products are more…Usually we distribute questionair or survey to get answers from audiance. But can we use questionair or survey to get Questions or concerns from the audiance toward a specific theme/subject??