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Business Research Methods William G. Zikmund Chapter 20: Basic Data Analysis: Descriptive Statistics
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Business

Research Methods

William G. Zikmund

Chapter 20:

Basic Data Analysis: Descriptive

Statistics

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Descriptive Analysis

• The transformation of raw data into a form

that will make them easy to understand and

interpret; rearranging, ordering, and

manipulating data to generate descriptive

information

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Type of

Measurement

Nominal

Two

categories

More than

two categories

Frequency table

Proportion (percentage)

Frequency table

Category proportions

(percentages)

Mode

Type of

descriptive analysis

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Type of

Measurement Type of

descriptive analysis

Ordinal Rank order

Median

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Type of

Measurement Type of

descriptive analysis

Interval Arithmetic mean

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Type of

Measurement Type of

descriptive analysis

Ratio Index numbers

Geometric mean

Harmonic mean

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Tabulation

• Tabulation - Orderly arrangement of data in

a table or other summary format

• Frequency table

• Percentages

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Frequency Table

• The arrangement of statistical data in a row-

and-column format that exhibits the count

of responses or observations for each

category assigned to a variable

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Measure of

Central Measure of

Type of Scale Tendency Dispersion

Nominal Mode None

Ordinal Median Percentile

Interval or ratio Mean Standard

deviation

Central Tendency

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Cross-Tabulation

• A technique for organizing data by groups,

categories, or classes, thus facilitating

comparisons; a joint frequency distribution

of observations on two or more sets of

variables

• Contingency table- The results of a cross-

tabulation of two variables, such as survey

questions

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Cross-Tabulation

• Analyze data by groups or categories

• Compare differences

• Contingency table

• Percentage cross-tabulations

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Base

• The number of respondents or observations

(in a row or column) used as a basis for

computing percentages

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Elaboration and Refinement

• Moderator variable

– A third variable that, when introduced into an

analysis, alters or has a contingent effect on the

relationship between an independent variable

and a dependent variable.

– Spurious relationship

• An apparent relationship between two variables that

is not authentic.

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Two

rating

scales 4 quadrants

two-dimensional

table Importance-

Performance

Analysis)

Quadrant Analysis

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Data Transformation

• Data conversion

• Changing the original form of the data to a

new format

• More appropriate data analysis

• New variables

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Data Transformation

Summative Score =

VAR1 + VAR2 + VAR 3

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Collapsing a Five-Point Scale

• Strongly Agree

• Agree

• Neither Agree nor

Disagree

• Disagree

• Strongly Disagree

• Strongly Agree/Agree

• Neither Agree nor

Disagree

• Disagree/Strongly

Disagree

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Index Numbers

• Score or observation recalibrated to indicate

how it relates to a base number

• CPI - Consumer Price Index

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Calculating Rank Order

• Ordinal data

• Brand preferences

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Tables

• Bannerheads for columns

• Studheads for rows

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Charts and Graphs

• Pie charts

• Line graphs

• Bar charts

– Vertical

– Horizontal

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Line Graph

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0

10

20

30

40

50

60

70

80

90

1st Qtr 2nd Qtr 3rd Qtr 4th Qtr

East

West

North

Bar Graph

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643 Netw orking

213 print ad

179 Online recruitment site

112 Placement f irm

18 Temporary agency

How did you find your last job?

7006005004003002001000

Netw orking

print ad

Online recruitment site

Placement f irm

Temporary agency

55.2 %

18.3 %

15.4 %

9.6 %

1.5 %

WebSurveyor Bar Chart

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Computer Programs

• SPSS

• SAS

• SYSTAT

• Microsoft Excel

• WebSurveyor

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Microsoft Excel -Data Analysis

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The Paste Function Provides

Numerous Statistical Operations

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Computer Programs

• Box and whisker plots

• Interquartile range - midspread

• Outlier

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Interpretation

• The process of making pertinent inferences

and drawing conclusions

• concerning the meaning and implications of

a research investigation