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World revenues for the marketing research industry are about $300 billion annually.
Scale development is a process used by marketing researchers to adapt rating scale
formats which facilitate consistent translation of unobservable constructs.
It has yet to be proven if social media can effectively serve as a venue for firms to
collaborate with consumers.
Several online research firms, such as Knowledge Networks and Nielsen, use panels as
a means of conducting research.
One of the problems with online survey samples is the mechanics of the sample
selection process.
Mixed-mode surveys are also referred to as "hybrid surveys."
An outlier refers to Multiple Rs that are above expected norms such as above 95 or 100.
Using the word "always" in designing questions is helpful as it places a specific time
parameter around an event.
The mode is a descriptive analysis measure defined as that value in a string of numbers
that occurs most often.
The chi-square analysis would be appropriate to determine if there is an association
between the number of dollars spent on books and the number of years of education.
A winery sees the market in three distinct segments based upon usage of wine; a dog
food manufacturer sees the dog food market in 12 segments; Toyota offers 17 different
models ranging from a two-seater sports car to the Avalon luxury car. These are all
examples illustrating how:
A) marketers can take advantage of differences between market segments, simply by a
conceptual analysis of differences in the marketplace.
B) marketers should search for all differences between each of their products or
services.
C) marketers could take better advantage of differences between market segments if
they had a method of determining insignificant differences in the marketplace.
D) marketers can take advantages of differences between market segments, and
differences analysis can be used to discovery statistically significant, meaningful, and
stable differences.
E) there are differences in the market, and by knowing statistical methods that focus on
data summarization, marketers can take advantage of these differences.
Which is true regarding a disadvantage of self-administered surveys?
A) Because interviewers are not present, evaluation of the interview is impossible.
B) The primary burden of respondent understanding is placed upon the questionnaire.
C) The primary burden of respondent understanding is placed upon the field editor.
D) Respondents feel anxious because they control the administration process.
E) Respondents interpret the questions themselves so the questionnaire can be
somewhat vague.
