Quantitative Methods Exam 1 questions
and answers 2026\2027 A+ Grade
What are the five steps of the research process
- correct answer 1. Clarifying the research question
2. proposing research
3. data collection
4. data analysis and interpretation
5. reporting the results
What do you do when clarifying the research question? 3 points
- correct answer 1. change a management dilema into a research question
2. research the question and formulate it into a specific hypothesis
3. give it an operational definition
operational definition
- correct answer an operational definition basically describes the idea that you are examining in a very
specific manner
What 6 things do you need to consider when proposing the research?
- correct answer 1. purpose
2. methods
3. timing
4. budget
5. delivery
6. legal contract
,What 2 things does the budget tell you?
- correct answer 1. it gives percents and factors
2. assigns a cost to each part/task of the research
Definition of Primary research
- correct answer research that you conduct yourself
secondary research
- correct answer research that someone else conducted, collected in the past on your topic
What 5 things do you need to consider when designing your research?
- correct answer 1. what instruments might you need?
2. will you need to train personnel?
3. will you pay participants?
4. do you need to seek approval?
5. what special equipment/ software will you need?
what 4 things do you need to consider about data collection?
- correct answer 1. it needs to be submitted according to ethical standards
2. is it concrete and/or abstract?
3. is your data pertinent to your research question?
4. make sure your data fits with the hypothesis and actually answers your question
4 things to consider during data analysis and interpretation
- correct answer 1. check for accuracy and outliers
2. develop summaries
3. look for patterns
4. apply statistical techniques
What should reporting the results do?
- correct answer it should inform a management decision
, 4 things to avoid during the research process
- correct answer 1. ill-defined problem
2. unsearchable questions
3 . politically motivated research
4 .data that doesn't apply to the research question and unnecessary research
Definition of Statistics
- correct answer the science of collecting, organizing, analyzing, interpreting, and presenting data
definition of Descriptive statistics
- correct answer describing something in a given sample
collecting, organizing, presenting, SUMMARIZING data
Definition of inferential statistics
- correct answer generalizing from a sample to a population, drawing conclusions, making decisions
Definition of sample
- correct answer a small portion of the larger population
definition of population
- correct answer the entire group
Random Sampling methods are
- correct answer - random so there is less chance of bias
- systematic
- stratified (represent different groups)
- clustered geographically
non random sampling methods are or use
- correct answer - judgmental (who you should be researching, purposely picking participants relevant to
your research)
and answers 2026\2027 A+ Grade
What are the five steps of the research process
- correct answer 1. Clarifying the research question
2. proposing research
3. data collection
4. data analysis and interpretation
5. reporting the results
What do you do when clarifying the research question? 3 points
- correct answer 1. change a management dilema into a research question
2. research the question and formulate it into a specific hypothesis
3. give it an operational definition
operational definition
- correct answer an operational definition basically describes the idea that you are examining in a very
specific manner
What 6 things do you need to consider when proposing the research?
- correct answer 1. purpose
2. methods
3. timing
4. budget
5. delivery
6. legal contract
,What 2 things does the budget tell you?
- correct answer 1. it gives percents and factors
2. assigns a cost to each part/task of the research
Definition of Primary research
- correct answer research that you conduct yourself
secondary research
- correct answer research that someone else conducted, collected in the past on your topic
What 5 things do you need to consider when designing your research?
- correct answer 1. what instruments might you need?
2. will you need to train personnel?
3. will you pay participants?
4. do you need to seek approval?
5. what special equipment/ software will you need?
what 4 things do you need to consider about data collection?
- correct answer 1. it needs to be submitted according to ethical standards
2. is it concrete and/or abstract?
3. is your data pertinent to your research question?
4. make sure your data fits with the hypothesis and actually answers your question
4 things to consider during data analysis and interpretation
- correct answer 1. check for accuracy and outliers
2. develop summaries
3. look for patterns
4. apply statistical techniques
What should reporting the results do?
- correct answer it should inform a management decision
, 4 things to avoid during the research process
- correct answer 1. ill-defined problem
2. unsearchable questions
3 . politically motivated research
4 .data that doesn't apply to the research question and unnecessary research
Definition of Statistics
- correct answer the science of collecting, organizing, analyzing, interpreting, and presenting data
definition of Descriptive statistics
- correct answer describing something in a given sample
collecting, organizing, presenting, SUMMARIZING data
Definition of inferential statistics
- correct answer generalizing from a sample to a population, drawing conclusions, making decisions
Definition of sample
- correct answer a small portion of the larger population
definition of population
- correct answer the entire group
Random Sampling methods are
- correct answer - random so there is less chance of bias
- systematic
- stratified (represent different groups)
- clustered geographically
non random sampling methods are or use
- correct answer - judgmental (who you should be researching, purposely picking participants relevant to
your research)
