Intro to Research Flashcards
(52 cards)
Why is research evaluation important to the practice of financial therapy?
Research evaluation is important because it helps to foster the financial therapy profession, disseminate cutting-edge research, shape public policy, and enables professionals to understand and contribute to the body of knowledge.
What are the different sources of research data?
The sources of research data are:
* Primary data: Data gathered by the same researcher
* Secondary data: Existing data gathered by others
Define quantitative research.
Quantitative research is highly structured and focuses on organizing research data into facts and numbers that can be analyzed with traditional statistical analyses.
Define qualitative research.
Qualitative research focuses on describing phenomena without transforming those descriptions into facts and numbers, often using interviews with open-ended questions.
Identify the key areas within an academic research paper.
The key areas are:
* Purpose
* Review of Literature
* Framework/Theory
* Participants
* Method
* Outcome/Results
* Implications
What does the ‘Purpose’ section of a research paper contain?
The purpose statement describes the reason for the research and identifies the gap in the literature.
What is the role of the ‘Review of Literature’ in a research paper?
The literature review helps the reader understand existing knowledge about a phenomenon and how the current research study builds upon it.
What is the role of ‘Theory’ or a ‘Framework’ in research?
Theory describes interconnected ideas explaining a phenomenon, guiding research design and hypotheses, and helps interpret results.
Why is the ‘Participants’ section important in a research paper?
This section is important because the results are relevant according to the population studied; the sample must be representative.
What information is typically found in the ‘Method’ section of a research paper?
The Method section describes:
* Sampling method
* Measurement of variables
* Statistical methods
* Type of data used
What is the purpose of the ‘Results’ section in a research paper?
The results section presents the study findings and shows what the researcher discovered within the study.
What information should be included in the ‘Implications’ section of a research paper?
This section articulates how the study results inform policy, practice, and education, demonstrating their relevance.
What are some examples of peer-reviewed research sources in the financial domain?
Examples include:
* Journal of Financial Therapy
What is the peer review process?
The peer review process involves research papers undergoing multiple rounds of revisions to screen for quality and refine research.
How can you access peer-reviewed journals?
You can access them:
* Through university libraries
* By emailing the author
* Sometimes requiring a fee or membership
What are the differences between primary and secondary data?
Primary Data:
* Gathered by the same researcher
* Original and custom-designed
Secondary Data:
* Gathered by others
* Convenient and easy to access
What is an example of a popular secondary data set?
The Health and Retirement Study (HRS) is a popular secondary data set representing data from approximately 20,000 people age 50 and over.
What is the difference between correlation and causation?
Correlation indicates a relationship between variables, while causation means one variable causes a change in another.
What are convenience samples?
Convenience samples consist of individuals easily accessible to the researcher and may not be applicable to other groups.
What is the null hypothesis?
The null hypothesis states that there is no effect or relationship between the variables being studied.
What is a p-value?
P-values indicate the likelihood of the null hypothesis being true, with low values suggesting a meaningful relationship.
What were the key findings of the example study on financial strain and mental health?
Key findings include:
* Financial strain impacts mental health
* Greater financial stress affects depression levels
Why is research evaluation important in financial therapy?
The Financial Therapy Association (FTA) exists to unite professionals from multiple disciplines, foster the financial therapy profession, disseminate cutting-edge research and best practices, enhance client quality of life, and shape public policy and practice management standards within financial therapy.
What are examples of peer-reviewed research sources relevant to financial therapy?
Journal of Financial Therapy, Journal of Financial Planning, Journal of Financial Counseling and Planning, Journal of Consumer Affairs, Journal of Family and Economic Issues, and other academic journals.