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Coding Data and the Data Code Book • Data entry refers to the creation of a computer file that holds the raw data taken from all of the questionnaires deemed suitable for analysis • Data

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Basic Data Analysis: Descriptive Statistics

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Coding Data and the Data Code

Book

• Data entry refers to the creation of a

computer file that holds the raw data

taken from all of the questionnaires

deemed suitable for analysis

• Data coding refers to the identification

of codes that pertain to the possible

responses for each question on the

questionnaire

• Data code book identifies all of the

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Types of Statistical Analyses Used in Marketing Research

describing a data matrix by

computing a small number of

measures that characterize the data set

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Types of Statistical Analyses Used in Marketing Research

• Four functions of data summarization:

– Summarizes the data

– Applies understandable

conceptualizations – Communicates underlying patterns – Generalizes sample findings to the population

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Why is Statistical Analysis

Used?

• Why Use Statistical Analysis?

– To summarize data

• The average price of a Gateway PC

is $2,489

• The low is $999, and the high is

$4,678: this is the range

• The mode is $2,200

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Why is Statistical Analysis

Used?

• Why Use Statistical Analysis?

– To show basic patterns in the data

• 30% buys at $1,500 or less

• 50% buys at between $2,500 and

$1,500

• 20% buys at $2,500 or more

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Why is Statistical Analysis

Used?

• Why Use Statistical Analysis?

– To interpret these patterns

• The majority of Gateway buyers pay

$2,500 or less

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Why is Statistical Analysis

Used?

• Why Use Statistical Analysis?

– To generalize the patterns to the

population

• 95% of all Gateway buyers pay between $2,000 and $3,000 for their PC’s

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Types of Statistical Analyses Used in Marketing Research

• Statistical Analysis:

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Types of Statistical Analyses Used in Marketing Research

• Five Types of Statistical Analysis:

describe the data set

generate conclusions about the population’s characteristics based

on the sample data

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Types of Statistical Analyses Used in Marketing Research

compare the mean of the responses of one group to that of another group

the strength and direction of relationships between two or

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Types of Statistical Analyses Used in Marketing Research

make forecasts for future events

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Understanding Data Via Descriptive Analysis

• Two sets of descriptive measures:

used to report a single piece of information that describes the most typical response to a question

reveal the typical difference

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Understanding Data Via Descriptive Analysis

• Measures of Central Tendency:

– Mode: the value in a string of numbers that occurs most often

– Median: the value whose occurrence lies

in the middle of a set of ordered values – Mean: sometimes referred to as the

“arithmetic mean”; the average value characterizing a set of numbers

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Understanding Data Via Descriptive Analysis

• Measures of Variability:

– Frequency distribution reveals the

number (percent) of occurrences of each number or set of numbers

– Range identifies the maximum and

minimum values in a set of numbers – Standard deviation indicates the degree

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Understanding Data Via Descriptive Analysis

• Measures of Variability:

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When to Use a Particular

Statistic

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