Research Methods, Design, And Analysis – qnt565 (3 credits)
This course applies research and probability concepts to project management decisions. Students will evaluate feasibility, manage risk, and measure outcomes for a project. Other topics include measures of central tendency & dispersion, program evaluation, research design, data sampling, and analysis & presentation.
The Purpose of Business Research
- Determine the significance, scope, magnitude, and feasibility of finding a solution to the situation, risk management, or opportunity.
- Identify ethical issues involved in business research.
- Develop the purpose of the research, research questions, and hypotheses.
Descriptive Data Analysis Approaches
Differentiate between descriptive statistics and inferential statistics.
Calculate central tendency and dispersion.
Prepare collected data for analysis.
Calculate the correlation between two variables.
Inferential Data Analysis Approaches
Compare the means of two or more groups.
- Differentiate between parametric tests and nonparametric tests.
Determine the data analysis approach for a data set.
Apply the steps in testing a research hypothesis.
Types of Research Design
Explain commonly used qualitative research designs and quantitative research designs.
Select the appropriate type of research design in a given business situation.
Differentiate between qualitative and quantitative methods of research.
Measurement and Data Collection
Differentiate among the four levels of measurement and how they are used in data collection for research.
Develop the data collection instruments.
Differentiate among sampling methods and their application in business research.
Interpret data analysis results to reach conclusions.
Make a recommendation about a problem or project based on data analysis results and conclusions drawn.
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