Business Research Methodologies
Data Analysis Techniques
Software such as Excel, SPSS to be used
Data Description:
Describing the data collected in terms of its distribution eg demographic profile of respondents ( eg percentages of male and female, age distribution etc).
Data should be presented in charts or tables:
Measure of central tendency and deviation:
Mean, Median and Mode for responses obtained.
Standard Deviation to ascertain the normality of the distribution.
Measure of correlation
Pearson coefficient of correlation to determine strength of relationship between the IVs and DVs
Regression Analysis
Deriving regression function for the IVs and DVs to formulate a predictive model
Reliability Measures
Measures eg Cronbach Alpha can be used to determine the reliability of questionnaire