Research Exam 18th
Research Exam 18th
Types of Research
Ans:
(i) Descriptive vs. Analytical: Descriptive research includes surveys and fact-finding enquiries of
different kinds. The major purpose of descriptive research is description of the state of affairs as it
exists at present. In social science and business research we quite often the term Ex post facto
research for descriptive research studies. The main characteristic of this method is that the researcher
has no control over the variables; he can only report what has happened or what is happening. Most
ex post facto research projects are used for descriptive studies in which the researcher seeks to
measure such items as, for example, frequency of shopping, preferences of people, or similar data. Ex
post facto studies also include attempts by researchers to discover causes even when they cannot
control the variables. The methods of research utilized in descriptive research are survey methods of
all kinds, including comparative and correlational methods. In analytical research, on the other hand,
the researcher has to use facts or information already available, and analyze these to make a critical
evaluation of the material.
(ii) Applied vs. Fundamental: Research can either be applied (or action) research or fundamental
(to basic or pure) research. Applied research aims at finding a solution for an immediate problem
facing a society or an industrial/business organisation, whereas fundamental research is mainly
concerned with generalisations and with the formulation of a theory. “Gathering knowledge for
knowledge’s sake is termed ‘pure’ or ‘basic’ research.”4 Research concerning some natural
phenomenon or relating to pure mathematics are examples of fundamental research. Similarly,
research studies, concerning human behaviour carried on with a view to make generalisations about
human behaviour, are also examples of fundamental research, but research aimed at certain
conclusions (say, a solution) facing a concrete social or business problem is an example of applied
research. Research to identify social, economic or political trends that may affect a particular
institution or the copy research (research to find out whether certain communications will be read and
understood) or the marketing research or evaluation research are examples of applied research. Thus,
the central aim of applied research is to discover a solution for some pressing practical problem,
whereas basic research is directed towards finding information that has a broad base of applications
and thus, adds to the already existing organized body of scientific knowledge.
(iii) Quantitative vs. Qualitative: Quantitative research is based on the measurement of quantity or
amount. It is applicable to phenomena that can be expressed in terms of quantity. Qualitative
research, on the other hand, is concerned with qualitative phenomenon, i.e., phenomena relating to
or involving quality or kind. For instance, when we are interested in investigating the reasons for
human behaviour (i.e., why people think or do certain things), we quite often talk of ‘Motivation
Research’, an important type of qualitative research. This type of research aims at discovering the
underlying motives and desires, using in depth interviews for the purpose. Other techniques of such
research are word association tests, sentence completion tests, story completion tests and similar
other projective techniques. Attitude or opinion research i.e., research designed to find out how
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people feel or what they think about a particular subject or institution is also qualitative research.
Qualitative research is specially important in the behavioural sciences where the aim is to discover the
underlying motives of human behaviour. Through such research we can analyse the various factors
which motivate people to behave in a particular manner or which make people like or dislike a
particular thing. It may be stated, however, that to apply qualitative research in practice is relatively a
difficult job and therefore, while doing such research, one should seek guidance from experimental
psychologists.
(iv) Conceptual vs. Empirical: Conceptual research is that related to some abstract idea(s) or
theory. It is generally used by philosophers and thinkers to develop new concepts or to reinterpret
existing ones. On the other hand, empirical research relies on experience or observation alone, often
without due regard for system and theory. It is data-based research, coming up with conclusions which
are capable of being verified by observation or experiment. We can also call it as experimental type of
research. In such a research it is necessary to get at facts firsthand, at their source, and actively to go
about doing certain things to stimulate the production of desired information. In such a research, the
researcher must first provide himself with a working hypothesis or guess as to the probable results. He
then works to get enough facts (data) to prove or disprove his hypothesis. He then sets up
experimental designs which he thinks will manipulate the persons or the materials concerned so as to
bring forth the desired information. Such research is thus characterised by the experimenter’s control
over the variables under study and his deliberate manipulation of one of them to study its effects.
Empirical research is appropriate when proof is sought that certain variables affect other variables in
some way. Evidence gathered through experiments or empirical studies is today considered to be the
most powerful support possible for a given hypothesis.
(v) Some Other Types of Research: All other types of research are variations of one or more of the
above stated approaches, based on either the purpose of research, or the time required to accomplish
research, on the environment in which research is done, or on the basis of some other similar factor.
Form the point of view of time, we can think of research either as one-time research or longitudinal
research. In the former case the research is confined to a single time-period, whereas in the latter case
the research is carried on over several time-periods. Research can be field-setting research or
laboratory research or simulation research, depending upon the environment in which it is to be
carried out. Research can as well be understood as clinical or diagnostic research. Such research follow
case-study methods or indepth approaches to reach the basic causal relations. Such studies usually go
deep into the causes of things or events that interest us, using very small samples and very deep
probing data gathering devices. The research may be exploratory or it may be formalized. The
objective of exploratory research is the development of hypotheses rather than their testing, whereas
formalized research studies are those with substantial structure and with specific hypotheses to be
tested. Historical research is that which utilizes historical sources like documents, remains, etc. to
study events or ideas of the past, including the philosophy of persons and groups at any remote point
of time. Research can also be classified as conclusion-oriented and decision-oriented. While doing
conclusionoriented research, a researcher is free to pick up a problem, redesign the enquiry as he
proceeds and is prepared to conceptualize as he wishes. Decision-oriented research is always for the
need of a decision maker and the researcher in this case is not free to embark upon research according
to his own inclination. Operations research is an example of decision oriented research since it is a
scientific method of providing executive departments with a quantitative basis for decisions regarding
operations under their control
Q. What is Research?
Ans:
• Research is the process of finding solutions to a problem after a thorough study and analysis of
the situational factors
• Research provides the needed information that guides managers to make informed decisions to
successfully deal with problems
• The information provided could be the result of a careful analysis of data gathered firsthand or
of data that are already available (in the company)
Q. Characteristics of Research
Ans:
Research involves gathering new data from primary sources or using existing data for a new
purpose.
Research requires expertise i.e., skill necessary to carryout investigation, search the related
literature and to understand and analyze the data gathered.
Research is objective and logical – applying every possible test to validate the data collected
and conclusions reached.
Q. Objectives of Research
Ans:
To determine the frequency with which something occurs or with which it is associated with
something else – Diagnostic Research.
Q. Research methods
Ans:
Ensure that the problem is feasible, relevant, and significant to the field of economics.
• Literature Review:
Conduct a thorough review of existing literature related to the research problem.
Literature review helps in understanding the current state of knowledge and informs the research
design.
• Research Design:
Determine the overall approach and structure of the research.
Design the research framework, including variables, hypotheses, and operational definitions.
• Data Collection:
Obtain necessary permissions and approvals for data collection, especially in case of human subjects.
• Data Analysis:
Clean and preprocess the collected data.
• Interpretation of Results:
Draw conclusions based on the analysis of data.
Discuss the implications of the findings in relation to the research problem and objectives.
Include sections such as abstract, introduction, literature review, methodology, results, discussion, and
conclusion.
• Ethical Considerations:
Ensure ethical conduct throughout the research process.
Consider the broader implications of the research findings for theory, policy, or practice.
Q. Research problem
Ans:
Data may be outdated, incomplete, or subject to measurement errors, affecting the accuracy and
robustness of research findings.
Endogeneity arises when variables are jointly determined with the error term, leading to biased
estimates and invalid inferences.
Non-random sample selection can introduce bias into research results, affecting their external validity.
Issues such as non-response, self-selection, and sample attrition may distort findings and limit
generalizability.
Incorrect specification of econometric models can result in biased parameter estimates and erroneous
conclusions.
Careful selection of functional forms, variables, and model specifications is crucial for accurate
modeling of economic relationships.
Publication Bias and Research Ethics (2 marks):
Publication bias, where studies with statistically significant results are more likely to be published, can
distort the overall evidence base.
Upholding research ethics, including transparency, honesty, and integrity, is essential for maintaining
the credibility of economic research.
Q. Literature review
Ans:
A literature review is a critical summary and evaluation of existing scholarly literature on a specific
topic or research question. It serves as a foundational component of academic research by providing a
comprehensive overview of relevant studies, theories, methodologies, and findings related to the
subject of inquiry.
1. Establishing Context:
• A literature review provides context for the research by situating it within the broader
scholarly conversation.
• It helps readers understand the significance of the research question and its relevance to
existing theories, debates, and empirical findings.
Q. Research Design
Ans:
Begin by clearly defining the research problem or question that the study aims to address.
Specify the objectives and scope of the research, ensuring alignment with the broader context and
significance of the topic.
Summarize relevant studies and theories to provide a theoretical framework for the research design.
Choose an appropriate research methodology based on the nature of the research problem and
objectives.
Common methodologies include quantitative, qualitative, or mixed methods approaches, each with its
own techniques and procedures.
Determine the sampling strategy to select participants or data points for the study.
Specify the population of interest, sampling frame, sampling method (e.g., random, stratified), and
rationale for sample size determination.
Select data collection methods that are suitable for gathering information relevant to the research
objectives.
Methods may include surveys, interviews, observations, experiments, or analysis of existing datasets,
depending on the research design and methodology.
Develop a detailed plan for data analysis, outlining the techniques and procedures to be used.
Specify how collected data will be processed, analyzed, and interpreted to address the research
objectives.
Identify and address ethical considerations associated with the research, such as informed consent,
privacy, and potential risks to participants.
Ensure that the research adheres to ethical guidelines and regulations governing research involving
human subjects.
Conduct pilot testing or pre-testing of research instruments and procedures to identify and address
any issues or limitations before full-scale implementation.
Use feedback from pilot testing to refine the research design and improve the validity and reliability of
data collection.
Develop a timeline and budget for the research project, outlining key milestones, activities, and
resources required.
Ensure that the timeline is realistic and allows sufficient time for each stage of the research process,
including data collection, analysis, and reporting.
Identify potential risks and challenges associated with the research project and develop a risk
management plan to mitigate them.
Consider factors such as data security, logistical issues, and unexpected events that may impact the
research timeline or outcomes.
Q. Z-Test Numerical
Ans:
The Z-test is a statistical hypothesis test used to determine whether the mean of a sample differs
significantly from a known population mean when the population standard deviation is known. It's
typically used when dealing with large sample sizes.
Ans:
Primary data collection involves gathering original data directly from the source for a specific research
purpose. These methods provide firsthand information and are tailored to the research objectives and
context. Here are some primary data collection methods:
1. Surveys:
• Surveys involve collecting data through structured questionnaires or interviews.
• Questionnaires can be administered in person, via mail, email, or online platforms.
• Interviews can be conducted face-to-face, over the phone, or via video conferencing.
• Surveys are useful for gathering quantitative data on opinions, attitudes, behaviors, and
demographics.
2. Interviews:
• Interviews involve direct interaction between the researcher and the participant.
• Types of interviews include structured, semi-structured, and unstructured formats.
• Interviews are suitable for collecting qualitative data, allowing for in-depth exploration of
topics and perspectives.
3. Observations:
• Observational methods involve systematically watching and recording behaviors, events, or
phenomena in their natural settings.
• Observations can be participant or non-participant, depending on the researcher's level of
involvement.
4. Experiments:
• Experiments involve manipulating one or more variables to observe their effects on outcomes
of interest.
• Experimental designs include true experiments, quasi-experiments, and field experiments.
• Experiments are useful for establishing cause-and-effect relationships and testing hypotheses
under controlled conditions.
5. Focus Groups:
• Focus groups involve bringing together a small group of participants to discuss a specific topic
guided by a moderator.
• Focus groups encourage interaction and group dynamics, eliciting diverse perspectives and
insights.
• Focus groups are valuable for generating qualitative data and exploring complex issues from
multiple viewpoints.
• Diaries and logs involve participants recording their thoughts, experiences, or activities over a
period of time.
• Diaries provide firsthand accounts of daily life, behaviors, and events, capturing rich,
contextualized data.
• Diaries and logs are suitable for studying longitudinal trends, personal experiences, and
routine activities.
•
Ans:
Secondary data refers to information that has been previously collected and published for purposes
other than the current research. These data sources can provide valuable insights and complement
primary data collection efforts. Here are some secondary data collection methods:
1. Literature Review:
• A literature review involves reviewing existing research studies, academic journals, books, and
other publications related to the research topic.
Researchers analyze and synthesize findings from previous studies to gain insights, identify
gaps, and inform their own research.
• Researchers can access archival materials to study historical trends, cultural artifacts, and
primary sources of information.
7. Media Sources:
• Newspapers, magazines, television broadcasts, and online news sources report on current
events, trends, and public opinions.
Media sources can provide qualitative data on social issues, public discourse, and cultural
phenomena.
Sampling is the process of selecting a subset of individuals or items from a larger population for the
purpose of research. Various sampling methods are used to ensure that the selected sample is
representative of the population and yields reliable and valid results. Here are some commonly used
sampling methods:
In simple random sampling, each member of the population has an equal chance of being selected for
the sample.
This method is straightforward to implement and ensures that every possible sample has an equal
probability of selection.
2. Stratified Sampling:
Stratified sampling involves dividing the population into distinct subgroups or strata based on relevant
characteristics (e.g., age, gender, income level).
Samples are then randomly selected from each stratum proportionate to its size.
Stratified sampling ensures adequate representation of key subgroups within the population.
Systematic Sampling:
The sampling interval (𝑘) is determined by dividing the population size by the desired sample size.
Systematic sampling is efficient and easy to implement but may introduce bias if there is a periodic
pattern in the population.
4. Cluster Sampling:
Cluster sampling involves dividing the population into clusters or groups and then randomly selecting
clusters to include in the sample.
Cluster sampling is useful when it is impractical or costly to obtain a complete list of individuals in the
population.
5. Convenience Sampling:
Convenience sampling involves selecting individuals who are readily available or easily accessible to
the researcher.
This method is convenient and inexpensive but may lead to biased samples if certain segments of the
population are over- or under-represented.
6. Snowball Sampling:
Snowball sampling involves selecting initial participants (seeds) who then refer additional participants
to the study.
This method is useful for reaching populations that are difficult to access or identify through
traditional sampling methods, such as marginalized or hidden populations.
Q. Report writing
Ans:
Report writing involves systematically gathering, organizing, analyzing, and presenting information in a
written format to communicate findings, analyses, evaluations, or recommendations on a specific
topic or issue to a targeted audience. It serves to inform, persuade, or guide decision-making by
providing accurate, reliable, and actionable information. Effective report writing requires careful
planning, research, analysis, and presentation to ensure that the information is communicated
effectively and meets the needs of the intended audience.
• Define Objectives:
Clearly define the purpose and objectives of the report, including what information needs to be
conveyed and to whom.
• Gather Information:
Collect relevant data and information from primary and secondary sources, ensuring accuracy
and reliability.
• Organize Content:
Structure the report logically, with clear headings, subheadings, and sections that flow logically from
introduction to conclusion.
• Write Draft:
Write the first draft of the report, focusing on clarity, coherence, and conciseness in presenting the
information.
Create a professional layout with clear headings, bullet points, tables, and figures to enhance
readability.
Collect relevant data and information from primary and secondary sources, ensuring accuracy and
Proofread the final version of the report to ensure accuracy and consistency in language, tone, and
formatting.
2. Layout of a Report:
• Title Page:
Includes the title of the report, author's name, affiliation, date, and possibly a logo or image.
• Table of Contents:
Lists the main sections, subsections, and page numbers for easy navigation.
• Executive Summary:
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Provides a concise overview of the report's key findings, conclusions, and recommendations.
• Introduction:
Introduces the topic, objectives, scope, and structure of the report.
• Body:
Presents the main content of the report, organized into logical sections with clear headings and
subheadings.
• Conclusion:
Summarizes the key findings, discusses implications, and offers recommendations for future action.
• References:
Lists all sources cited in the report, formatted according to a specific citation style (e.g., APA, MLA).
• Appendices:
Includes supplementary materials such as raw data, detailed analyses, or additional information
referenced in the report.
3. Types of Reports:
• Research Reports:
Present findings from original research studies, including methods, results, and conclusions.
Business Reports
• Technical Reports:
Communicate technical information, data, and analyses related to engineering, science, technology, or
other specialized fields.
• Annual Reports:
Summarize an organization's performance, financial status, achievements, and future outlook over the
past year.
• Progress Reports:
Update stakeholders on the progress of ongoing projects, initiatives, or activities, highlighting
accomplishments, challenges, and next steps.
• Feasibility Studies:
Assess the viability of proposed projects, initiatives, or investments, including cost-benefit analyses,
risk assessments, and recommendations.
Ans:
Scaling is a method used in research and measurement to assign quantitative values to qualitative
data. It allows researchers to quantify subjective attributes or characteristics and make them
measurable for analysis. Here are the types of scaling commonly used in research:
1. Nominal Scaling:
• Nominal scaling involves categorizing data into distinct categories or groups based on shared
attributes.
• It assigns labels or names to categories without any inherent order or ranking.
• Example: Gender (male, female), Marital Status (single, married, divorced).
2. Ordinal Scaling:
• Ordinal scaling ranks data into ordered categories based on their relative position or
magnitude.
• The categories have a logical order, but the intervals between them may not be equal.
Example: Education Level (high school diploma, bachelor's degree, master's degree), Likert
Scale (strongly agree, agree, neutral, disagree, strongly disagree)
3. Interval Scaling:
• Interval scaling assigns numerical values to data with equal intervals between them.
• It maintains the order and equal spacing between categories but does not have a true zero
point.
• Example: Temperature (measured in Celsius or Fahrenheit), IQ scores.
4. Ratio Scaling:
• Ratio scaling is similar to interval scaling but has a true zero point, indicating the absence of
the attribute being measured.
• It allows for meaningful ratios and comparisons between values.
• Example: Height (measured in inches or centimeters), Weight (measured in pounds or
kilograms), Time (measured in seconds, minutes, hours).
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Q, Type 1 and 2 error Ans.
In other words, it is the incorrect conclusion that there is a significant effect or difference when there
is no true effect or difference in the population.
The probability of committing a Type 1 error is denoted by the significance level (α), which is typically
set before conducting the hypothesis test (e.g., α = 0.05).
In other words, it is the incorrect conclusion that there is no significant effect or difference when
there is a true effect or difference in the population.
Ans:
A normal distribution curve, also known as a bell curve, is a symmetrical probability distribution
characterized by its bell-shaped curve. Here are the key features:
• Symmetry: The curve is symmetric around its mean (average) value. This means that the left
and right halves of the curve mirror each other.
• Mean, Median, and Mode: The mean, median, and mode of a normal distribution are all
equal and located at the center of the curve. This central peak represents the most frequent
or typical value in the distribution.
• Tails: The curve extends infinitely in both directions, gradually tapering off as it moves away
from the mean. The tails never touch the horizontal axis but approach it asymptotically.
• Standard Deviation: The spread or dispersion of the data is determined by the standard
deviation. Approximately 68% of the data falls within one standard deviation of the mean,
95% falls within two standard deviations, and 99.7% falls within three standard deviations.
• Density: The height of the curve at any point represents the density or frequency of
observations at that particular value.
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Q. Hypothesis testing
Ans:
Hypothesis testing is a statistical method used to evaluate two competing hypotheses about a
population parameter: the null hypothesis (H0) and the alternative hypothesis (H1). The process
involves collecting sample data and using statistical techniques to determine whether the evidence
supports rejecting the null hypothesis in favor of the alternative hypothesis.
Key Steps:
• Formulate Hypotheses:
The null hypothesis (H0) represents the default assumption, typically stating that there is no
significant difference or effect.
The alternative hypothesis (H1) represents the researcher's claim or the possibility of a
significant difference or effect.
Commonly used significance levels include α = 0.05 (5% level), α = 0.01 (1% level), and α = 0.10 (10%
level).
Choose an appropriate statistical test based on the nature of the data and research design (e.g., t-test,
chi-square test, ANOVA).
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• Calculate Test Statistic:
Calculate a test statistic based on the sample data, which measures the strength of evidence against
the null hypothesis.
The choice of test statistic depends on the hypothesis being tested and the characteristics of the data.
Critical values are determined from probability distributions such as the normal distribution or t-
distribution.
• Make Decision:
Compare the calculated test statistic to the critical value(s) from the sampling distribution.
If the test statistic falls within the critical region, reject the null hypothesis in favor of the alternative
hypothesis.
If the test statistic does not fall within the critical region, fail to reject the null hypothesis.
• Draw Conclusion:
Based on the decision made in step 6, draw a conclusion about the hypothesis being tested.
Interpret the results in the context of the research question and the significance level chosen.
Q.Types of Variable.
Ans:
Example: In an experiment testing the effect of study time on exam performance, study time is the
independent variable.
• Categorical Variable:
Categorical variables represent categories or groups and can take on values that are labels or names.
• Continuous Variable:
Continuous variables can take on an infinite number of values within a specific range.
• Discrete Variable:
Discrete variables can only take on specific values and cannot be subdivided into smaller units.
• Control Variable:
A control variable is a variable that is held constant or controlled by the researcher to prevent its
influence on the relationship between the independent and dependent variables.
It helps to isolate the effect of the independent variable on the dependent variable.
Example: In an experiment testing the effect of a new drug on blood pressure, age and gender might
be controlled variables.
Ans:
It represents the default assumption or the status quo that is assumed to be true unless evidence
suggests otherwise.
Denoted as H0, it is typically formulated to be tested, challenged, or rejected based on sample data.
Example: H0: There is no difference in exam scores between students who study for 2 hours and
students who study for 4 hours.
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• Alternative Hypothesis (H1 or Ha):
The alternative hypothesis is a statement that contradicts the null hypothesis and asserts the
presence of an effect, difference, or relationship.
Denoted as H1 or Ha, it is formulated based on the research question or the hypothesis the researcher
seeks to support.
Example: H1: Students who study for 4 hours will have higher exam scores than students who study
for 2 hours.
Ans:
• Critical Region:
The diagram illustrates the critical region, also known as the rejection region, which represents the
values of the test statistic that lead to rejection of the null hypothesis.
• Acceptance Region:
The acceptance region represents the values of the test statistic that do not lead to rejection of the
null hypothesis.
The significance level is used to determine the boundaries of the critical region on the diagram.
• Critical Values:
Critical values corresponding to the chosen significance level are marked on the diagram to delineate
the boundaries of the critical region.
These critical values are determined from the sampling distribution of the test statistic (e.g., z-score or
t-score).
• Test Statistic:
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Optionally, the diagram may include the value of the test statistic calculated from the sample data.
The position of the test statistic relative to the critical values and decision boundaries helps determine
whether to accept or reject the null hypothesis.
• Decision Rule:
The diagram provides a visual representation of the decision rule for hypothesis testing based on the
test statistic and critical values.
If the test statistic falls within the critical region, the null hypothesis is rejected in favor of the
alternative hypothesis. If it falls within the acceptance region, the null hypothesis is accepted.
• Interpretation:
The diagram facilitates the interpretation of hypothesis test results by visually illustrating the
decision-making process.
It helps communicate the outcome of the hypothesis test and its significance in the context of the
research question and the chosen significance level.
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