This document discusses the process of collecting and analyzing quantitative data, including its pros and cons. It also provides examples of research ideas and the impact of brand awareness on consumers.
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Quantitative Data1 Collecting and Analysing Quantitative Data By (Name of Student) (Institutional Affiliation) (Instructor’s Name) (Date of Submission)
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Quantitative Data2 Collecting and Analysing Quantitative data Student A This student argues that when dealing with the quantitative data analysis, one is expected to turn raw numbers or the information into meaningful data through the application of the rationale and critical thinking. According to this student, a number of pros and cons that are associated with the collection and analysis of the quantitative data but has mention only one; i.e. With quantitative data an exact sample number can be computed according to the level of accuracy and the level of probability the researcher requires (Cohen, Manion and Morrison, 2007 p. 106). In relation to the feasibility and reliability, the student argues that the quantitative approach usually take the split-half technique and the alpha coefficient size (Cohen, 2007). Student B In relation to the quantitative data analysis, this student conducted a research idea on the Impact of brand awareness on the consumers and collected secondary data for the analysis. According to this student, the strength of using quantitative data saves time. The student finds it much cheaper when quantitative approach is used. The use of quantitative approach can allow us to receive some unexpected points of views based on the secondary data collected. But according to the student, the main problem associated with collection and the analysis of the quantitative data is lack of control over the quality of the data. (Saunders, 2012). The collection and analysis of by use of this method is known to provide realistic results that are trustworthy.
Quantitative Data3 Student C This student also applied quantitative approach in his topic of interest to address specific issues. This understudy perceives this technique to be great as it enables examples to be observed that are not clear in the crude information while also decidedly helps for the future speculation recognition (Collis and Hussey, 2013, p 226). In view of the legitimacy of the discoveries, the understudies insists that the discoveries are influenced by different factors, for example, the decision of the example. The level of dependability in a quantitative research can be measured through the design of the level of inter ratter accordance and the calculation of internal consistence. For instance, the two separate questions with the same focus.
Quantitative Data4 References Cohen, L., Manion, L. & Morrison, K., (2007). Research methods in education 6th ed, London: Routledge. Collis, J. & Hussey, R. (2013) Business Research: A Practical Guide for Undergraduate and Postgraduate Students. 4th ed. London: Palgrave-MacMillan. Saunders, M., Lewis, P., & Thornhill, A. (2012) Research Methods for Business Students, 6th ed. Pearson Learning Solutions.