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Quantitative Research Methods Lectures Summary - Premaster Marketing/Business Administration: Marketing - VU Amsterdam

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Lectures Summary Quantitative Research Methods - Premaster Marketing / Bedrijfskunde: Marketing - VU Amsterdam - E_PM_QUANRM This lecture summary includes everything you need from lecture 1–6 to prepare for the Quantitative Research Methods exam. The content is clearly structured by chapter, with key concepts in bold for quick and efficient studying. Visuals from the course material are included to make complex topics easier to understand. In just 12 pages, you get a complete, focused overview of all essential theories, concepts, and papers/studies, saving you time while maximizing your exam preparation. Lecture 1: Introduction Lecture 2: Understanding and describing variables / Correlations Lecture 3: Testing differences in means (t-test, ANOVA) Lecture 4: Hypothesis testing with linear regression / Multiple regression Lecture 5: Moderation / Mediation Lecture 6: Review / Mock exam / Exam prepLecture 7: When online meets offline

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Lecture 1: Introduction

Introduction to quantitative research

Quantitative research: resolves around answering a particular research question by
collecting numerical data that are analyzed using statistics
- In essence, quantitative research methods provide us with a toolbox to
study the (social) world around us by the use of the scientific method
- Helps in minimizing cognitive assumptions that may distort our
interpretation
- Depending on the state of prior theory and research on the topic, you
have to use quantitative methods to make
a useful contribution to our understanding
of the world
- Only way to establish causal relationships
o Causality: refers to a relationship
where a change in one variable (X)
directly causes a change in another
variable (Y), holding all other
factors constant

Types of research: descriptive vs. inferential

Types of quantitative research:
- Descriptive (what?)
o Interested in a quantitative answer: ‘How many X are Y?’
o Interested in a numerical change: ‘Are the X of Y rising compared to Z?’
- Inferential (why?)
o Test relationships: ‘what is the relation between X and Y?
o Explain something: ‘what factors cause changes in X over Y?’

Validity in research

Validity: do we measure what we want to measure?
- Internal validity: the extent to which you are able to draw the correct
conclusions about the causal relationships between variables
- External validity: the extent to which your findings are generalizable to the
broader population (of individuals, firms, etc.) and diRerent settings

Threats to validity:
- Omitted variables bias: occurs when you leave out (omit) an independent
variable (IV) that is a determinant of the dependent variable (DV) and correlated
with one or more of the includes IV’s
o Leaving out this IV will lead to an over- or underestimation of the relation
between your variables of interest
o In our analysis we need to control or adjust for these variables

, - Reverse causality: occurs when the direction of the arrow in our theoretical
model goes the other way
o DiRicult to empirically rule this out à sometimes logical reasoning can
help us (e.g., ice cream sales and temperature)
- Sample selection bias: selection of data for analysis in such a way that proper
randomization is not achieved, leading to an unrepresentative sample of the
population intended to be analyzed
o Random sample: to avoid these issues, we need to draw an independent
and identically distributed sample from the population
§ Identically distributed: there are no overall trends the distribution
doesn’t fluctuate and all items in the sample are taken from the
same probability distribution
§ Independent: sample items are all independent events, they aren’t
connected to each in any way
- Measurement error: data analyst makes random mistakes when imputing data
in a database (no problem since the errors are distributed randomly) or
diRiculties in measuring skill level of employees (less problematic, will only make
you estimates more ‘noisy’)

Lecture 2: Understanding and describing variables / Correlations

Measurement and reliability

Reliability: the degree to which a measure produces stable/repeatable and consistent
results à ‘do we measure consistently?’
- Inter-item reliability: measures if items on a scale are internally consistent, has
to be done with any scale before aggregating the scale into a score (e.g.,
extraversion) à most widely applied measure is called Cronbach’s ⍺
o Cronbach’s ⍺: measure of inter-item reliability, meaning it assesses
whether multiple items on a scale consistently measure the same
underlying construct à in most social sciences, a value of α ≥ 0,7 is
considered to be ‘acceptable’
§ α closes to 1 (higher consistency), α too low (items may not
measure the same thing

Reliability coeRicients: (TYPE à WHAT IS IT? à WHAT DO YOU NEED à COEFFICIENT)
- Test-retest: measure of stability à give same test twice to the same people à
correlation coeRicient
- Parallel form: measure of equivalence à give diRerent forms to the same people
à correlation coeRicient
- Inter-rater: measure of agreement à have two people rate the same behaviors
à # of agreements / # of observations
- Inter-item: measure of item consistency à single test administration à
Cronbach’s alpha / McDonald’s omega

Types of variables in quantitative research

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