6INSTRUCTIONS FOR TOP ASSIGNMENT EXPERT· Please answer ALL questions, they are numbered/lettered in PURPLE TEXT · Note that some questions may need you to download the mentioned data .csv and...

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Answered 2 days AfterFeb 22, 2023

Answer To: 6INSTRUCTIONS FOR TOP ASSIGNMENT EXPERT· Please answer ALL questions, they are...

Radhika answered on Feb 25 2023
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    INSTRUCTIONS FOR TOP ASSIGNMENT EXPERT
· Please answer ALL questions, they are numbered/lettered in PURPLE TEXT
· Note that some questions may need you to download the mentioned data.csv and perform an analysis (Use any method you need to perform this, like R or Excel, etc)
· Answers in American English – 500 words total
· Open format, simply answer each question
Short-AnswerProblems
Survey Research
1. What is an
outcome variable in a survey project? What is its purpose?
Solution : In a survey project where data is collected by means of questionnaire either by online or offline mode the response variable becomes the outcome variable. It can be binary in nature or multinomial based on the scores being assigned to each problem statement. The purpose of such a project is highlighted in the case of qualitative data which is being measured during the survey.
2. What is a screening question in a survey project? What is its purpose?
Solution : Screening questions are those set of questions which are being asked at the initial start or beginning of the survey . The purpose of such questions help us to identify whether a given respondent will satisfy the criteria of eligibility. We need to filter the participants so thatb we can carry out the analysis accurately.
3. What are product attributes and how are they used in the typical marketing research survey?
Solution : A product is associated with its physical characteristics or attributes such as size, shape, colour, quality , price, quantity etc. These attributes decide upon its consumption in the market. If it appeals well to the consumer then there is higher production and if improvisations are done as per existing consumer need then product can outshine with the help of its attributes.
Data Analysis
1. How is a bar chart of two variables related to the table of joint frequencies, the cross-tabulation table?
Solution : Bar charts gives the frequency count of a categorical dataset. The height of the bar chart gives the proportion of individuals lying in the particular column. Since the heights of these graphs give the frequency (cumulative count) so we can easily relate it to the total frequencies as represented in the cross tabulation table. In bar chart we have the (x,y) coordinate while we accommodate the same cell frequency in cross tabulation form.
2. Distinguish between a stacked bar chart of two variables and the correspondingbar chart with the bars for each level grouped adjacent to each other.
Solution : In stack bar chart, series of columns or bars look like they are put up on top of each other. This kind of representation is helpful to draw comparison of one variable with respect to another variable.
A corresponding bar chart does not give us an equivalent comparative form in comparison to stack bar chart. We can compare in terms of levels under one variable but we inter variable comparison at different levels is possible only in terms of stacked bar chart.
3. What information does a marginal frequency present in the analysis of a joint frequency table?
Solution : In a joint frequency table, marginal frequency is represented as total frequency across a certain column or a row. We can also refer to it as a row/column frequency depending on how we sum them across. If we consider the ratio form then marginal can be compared as the fraction of marginal frequency divided by total frequency.
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4. Distinguish between positive and negative correlations.
Solution: A correlation is defined as the degree of association or relationship between two variables under concern. If its magnitude is positive in nature then it is called positive correlation and relationship is direct as they tend to move in the similar direction . If its magnitude is negative in nature then it is called negative correlation and relationship is indirect as they tend to move in opposite direction.
5. What is the relation between the amount of scatter in a scatter plot and the correlation coefficient?
Solution : Scatter plot gives the idea about the randomness occurring among the variables of interest. If it is densely located (points lie close to each other) then the association or correlation coefficient appears to be stronger in nature with high magnitude of correlation coefficient. If it is scattered i.e...
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