Test 2 (302) Flashcards
(44 cards)
What is measurement in marketing research?
Measurement is the process of assigning numbers or labels to persons, objects, or events according to specific rules for representing quantities or qualities of attributes.
What are the steps in the measurement process?
1) Identify the concept of interest, 2) Develop a construct, 3) Define the concept constitutively, 4) Define the concept operationally, 5) Develop a measurement scale, 6) Evaluate the reliability and validity of the measurement.
What are the four types of measurement scales?
- Nominal = categorizes data without any order or numerical value.
- Ordinal = ranks items in a specific order but does not indicate the exact differences between them (e.g. ranking 1-5).
- Interval = equal intervals between values, allowing for meaningful differences, but it lacks a true zero point (degrees).
- Ratio = includes all the properties of interval scales but also has a meaningful zero point (height, weight, age).
What is a construct in marketing research?
A construct is a specific type of concept that exists at a higher level of abstraction and is useful for explaining, predicting, and controlling phenomena
i.e. brand loyalty, customer satisfaction.
Define reliability
Reliability is the degree to which measures are free from random error and provide consistent data.
Define Validity
validity is the extent to which the instrument measures what it is supposed to measure.
What are the main types of reliability?
Test-retest reliability, Equivalent form reliability, and Internal consistency reliability.
What are the main types of validity?
Face validity, Content validity, Criterion-related validity (predictive and concurrent), and Construct validity (convergent and discriminant).
What is sampling in marketing research?
Sampling is the process of obtaining information from a subset of a larger group and projecting the results to the larger group.
What is the difference between probability and nonprobability sampling?
Probability sampling ensures each element has a known, nonzero likelihood of selection, while nonprobability sampling does not follow random selection methods.
What are the different probability sampling methods?
Simple random sampling, Systematic sampling, Stratified sampling, and Cluster sampling.
What are the different nonprobability sampling methods?
Convenience sampling, Judgment sampling, Quota sampling, and Snowball sampling
What is the difference between a sample and a census?
A sample is a subset of the population used to estimate characteristics of the whole, while a census includes data from every member of the population.
What are the advantages of probability sampling?
Ensures representativeness, allows calculation of sampling error, and provides results that can be projected to the entire population.
What are some common survey research methods?
Face-to-face interviews, Telephone interviews, Online surveys, and Self-administered questionnaires.
What are the major sources of error in survey research?
Sampling error, Measurement error, Nonresponse bias, and Response bias
What is the purpose of a questionnaire in research?
A questionnaire is designed to generate the data necessary to accomplish the objectives of the research project by standardizing the wording and sequence of questions.
What are the two main types of questions in a questionnaire?
- Open-ended questions.
- Closed-ended questions
What is a Likert scale?
A commonly used attitude measurement scale where respondents indicate their level of agreement or disagreement with a statement.
What is a Semantic Differential Scale?
A scale that examines the strengths and weaknesses of a concept by having respondents rate it between dichotomous pairs of words.
What is a Constant Sum Scale?
A scale where respondents allocate a fixed number of points among different attributes based on their importance.
What is the difference between cross-sectional and longitudinal surveys?
Cross-sectional surveys collect data at a single point in time, while longitudinal surveys track changes over time with repeated measurements.
What are the benefits of online surveys?
They are cost-effective, allow for quick data collection, provide flexibility, and can reach a broad audience.
What are the disadvantages of telephone surveys?
Declining response rates, higher costs than online surveys, and limited question types due to time constraints.