Quantitative Methods for Marketing Practice Questions - 662 Verified Questions

Page 1


Quantitative Methods for Marketing Practice Questions

Course Introduction

Quantitative Methods for Marketing provides students with the analytical tools and statistical techniques necessary to make informed marketing decisions. The course covers data collection, sampling, and the design of experiments, as well as the application of regression analysis, cluster analysis, and factor analysis to market research. Emphasis is placed on interpreting quantitative data, using software for analysis, and applying insights to real-world marketing problems such as segmentation, targeting, pricing, forecasting, and measuring marketing effectiveness. By the end of the course, students will be able to critically evaluate data-driven marketing strategies and leverage quantitative methods to optimize marketing outcomes.

Recommended Textbook Essentials of Marketing Research 4th

Available Study Resources on Quizplus

13 Chapters

662 Verified Questions

662 Flashcards

Source URL: https://quizplus.com/study-set/2511 Page 2

Chapter 1: Marketing Research for Managerial Decision Making

Available Study Resources on Quizplus for this Chatper

50 Verified Questions

50 Flashcards

Source URL: https://quizplus.com/quiz/49919

Sample Questions

Q1) In the field of marketing research, analytics exclusively uses qualitative techniques to determine performance efficiency.

A)True

B)False

Answer: False

Q2) While cookies are usually designed to maintain consumer privacy with respect to identity at least, they still nevertheless collect and utilize consumer data.

A)True

B)False

Answer: True

Q3) If a client is unable to get sufficient insight into a testing method's strengths and weaknesses prior to purchase from a marketing research supplier, the client can choose another supplier.

A)True

B)False

Answer: True

To view all questions and flashcards with answers, click on the resource link above. Page 3

Chapter 2: The Marketing Research Process and Proposals

Available Study Resources on Quizplus for this Chatper

56 Verified Questions

56 Flashcards

Source URL: https://quizplus.com/quiz/49931

Sample Questions

Q1) Image assessment surveys are an example of causal research designs.

A)True

B)False

Answer: False

Q2) Procedures such as summary statistics and simple frequency distributions are used while designing and pretesting a questionnaire.

A)True

B)False

Answer: False

Q3) Observational research can collect information about attitudes, intentions, motivations, and past behavior, which are usually invisible in the questioning approach.

A)True

B)False Answer: False

Q4) A research proposal includes a brief profile of the researchers and their qualifications.

A)True

B)False Answer: True

To view all questions and flashcards with answers, click on the resource link above. Page 4

Chapter 3: Secondary Data, Literature Reviews, and

Hypotheses

Available Study Resources on Quizplus for this Chatper

56 Verified Questions

56 Flashcards

Source URL: https://quizplus.com/quiz/49930

Sample Questions

Q1) Literature reviews can be helpful in identifying appropriate sampling approaches that have been successful in researching similar topics.

A)True

B)False

Answer: True

Q2) A _____ is an observable item that is used as a measure on a questionnaire.

A) variable

B) construct

C) quota

D) hypothesis

E) parameter

Answer: A

Q3) _____ is the value of a variable that is estimated from a sample.

A) Sample statistic

B) Parameter statistic

C) Alternative statistic

D) Sample parameter

E) Alternative parameter

Answer: A

Page 5

To view all questions and flashcards with answers, click on the resource link above.

Chapter 4: Exploratory and Observational Research

Designs and Data Collection Approaches

Available Study Resources on Quizplus for this Chatper

50 Verified Questions

50 Flashcards

Source URL: https://quizplus.com/quiz/49929

Sample Questions

Q1) Which of the following statements is True of qualitative research methods?

A) Most practitioners regard qualitative research as being more reliable than quantitative research.

B) Qualitative data collection occurs over long time periods.

C) Qualitative researchers emphasize their samples are made up of representative rather than relevant consumers.

D) Qualitative researchers usually collect detailed data from relatively small samples by asking questions.

E) Qualitative research methods allow researchers to generalize findings to a larger population unlike quantitative research methods.

Q2) In the context of data collection methods, which of the following statements is True of projective techniques?

A) They are used to monitor and analyze social media sources to provide research insights.

B) They involve recording human behavior in natural settings.

C) They rule out subjectivity.

D) They use indirect questioning methods.

E) They are primarily used in quantitative research.

To view all questions and flashcards with answers, click on the resource link above. Page 6

Chapter 5: Descriptive and Causal Research Designs

Available Study Resources on Quizplus for this Chatper

50 Verified Questions

50 Flashcards

Source URL: https://quizplus.com/quiz/49928

Sample Questions

Q1) In-home interviewing may be completed through door-to-door canvassing of geographic areas.

A)True

B)False

Q2) Long time frames give researchers the luxury of selecting the method that will produce the highest quality data.

A)True

B)False

Q3) Which of the following is True about nonsampling errors?

A) They are not controllable.

B) They can be directly measured.

C) They can be minimized by increasing the sample size.

D) They occur as a result of the difference between the findings based on the sample and the True values for a population.

E) They cannot be statistically measured.

Q4) Online surveys can eliminate the effects of question order on responses because of their ability to randomize the order of questions within a group.

A)True

B)False

To view all questions and flashcards with answers, click on the resource link above. Page 7

Chapter 6: Sampling: Theory and Methods

Available Study Resources on Quizplus for this Chatper

50 Verified Questions

50 Flashcards

Source URL: https://quizplus.com/quiz/49927

Sample Questions

Q1) In which stage of the sampling plan will random-digit dialing probably be considered?

A) Selecting the data collection method

B) Defining the target population

C) Selecting the appropriate sampling method

D) Creating an operating plan for selecting sampling units

E) Identifying the sampling frame

Q2) In a systematic sampling study, if the sampling frame has 2,000 names and the desired sample size is 50, the skip interval should be:

A) 25.

B) 0.03.

C) 50.

D) 40.

E) 15.

Q3) The primary difficulty encountered with stratified sampling is determining the basis for stratifying.

A)True

B)False

Q4) List the steps to be followed in developing a sampling plan.

Q5) List the advantages and disadvantages of simple random sampling.

To view all questions and flashcards with answers, click on the resource link above. Page 8

Chapter 7: Measurement and Scaling

Available Study Resources on Quizplus for this Chatper

50 Verified Questions

50 Flashcards

Source URL: https://quizplus.com/quiz/49926

Sample Questions

Q1) A comparative rating scale is used when the objective is to have a respondent express his or her attitudes, behavior, or intentions about a specific object.

A)True

B)False

Q2) Likert scales cannot measure attitudes and behavior.

A)True

B)False

Q3) Which of the following types of scales typically requires the respondent to allocate a given number of points, usually 100, among each separate attribute or feature relative to all the other listed ones?

A) Nominal scales

B) Rank-order scales

C) Constant-sum scales

D) Graphic rating scales

E) Behavioral intention scales

Q4) What are the requirements of designing measurement scales?

Q5) In most cases, semantic differential scales use either 5 or 7 scale points. A)True

B)False

To view all questions and flashcards with answers, click on the resource link above. Page 9

Chapter 8: Designing the Questionnaire

Available Study Resources on Quizplus for this Chatper

50 Verified Questions

50 Flashcards

Source URL: https://quizplus.com/quiz/49925

Sample Questions

Q1) In online surveys, calculating response rates can be a problem due to the:

A) close interaction of researchers with data collection vendors to identify and target participation from specific groups.

B) inadequate number of individuals in organized panels of respondents.

C) possibility of recruitment of participants outside the official online data collection vendor.

D) ban on use of radio buttons, pull-down menus for responses, and the use of visuals.

E) application of graphics and animation.

Q2) A cover letter is typically used with self-administered questionnaires only.

A)True

B)False

Q3) The number of interviewers required in a study is typically mentioned in the cover letter.

A)True

B)False

Q4) What are the two functions performed by a transition phrase in a survey?

Q5) Discuss the advantages and disadvantages of unstructured questions as compared to structured questions.

To view all questions and flashcards with answers, click on the resource link above. Page 10

Chapter 9: Qualitative Data Analysis

Available Study Resources on Quizplus for this Chatper

50 Verified Questions

50 Flashcards

Source URL: https://quizplus.com/quiz/49924

Sample Questions

Q1) Triangulation requires that research inquiry be addressed from multiple perspectives.

A)True

B)False

Q2) Credibility is increased when key informants and other practicing qualitative researchers are asked to review the analyses.

A)True

B)False

Q3) Which of the following is True about negative case analysis?

A) It helps to establish boundaries and conditions for the theories developed by qualitative researchers.

B) It mainly involves the determination of mean in numerical data.

C) Negative case analysis is restricted to the data reduction stage of qualitative analyses.

D) It primarily calculates the range of a given quantitative data.

E) Negative case analysis is restricted to the memoing stage of qualitative analyses.

Q4) Discuss the process of triangulation.

Q5) How are reliability and validity viewed in the context of qualitative research?

To view all questions and flashcards with answers, click on the resource link above. Page 11

Chapter 10: Preparing Data for Quantitative Analysis

Available Study Resources on Quizplus for this Chatper

50 Verified Questions

50 Flashcards

Source URL: https://quizplus.com/quiz/49923

Sample Questions

Q1) If a researcher asks if a tone of negativity was injected into the interviewing process, the researcher is dealing with a question of:

A) fraud.

B) screening.

C) procedure.

D) completeness.

E) courtesy.

Q2) The first step in developing codes for the anticipated responses to open-ended questions is:

A) consolidating the responses.

B) generating a list of potential responses.

C) assigning a numerical value as a code.

D) assigning a value to each response.

E) assigning coded values to missing data.

Q3) Under which of the following conditions are respondents typically recontacted?

Q4) Some data col­lection methods require activities in all stages, while other methods involve only limited data preparation.

A)True

B)False

To view all questions and flashcards with answers, click on the resource link above. Page 12

Chapter 11: Basic Data Analysis for Quantitative Research

Available Study Resources on Quizplus for this Chatper

50 Verified Questions

50 Flashcards

Source URL: https://quizplus.com/quiz/49922

Sample Questions

Q1) Which of the following is True of the mode?

A) It is especially useful as a measure for data that have been somehow grouped into categories.

B) It is the distance between the smallest and largest values in a set of responses.

C) It is the arithmetic average of a sample.

D) It is the middle value of a rank-ordered distribution.

E) It is unaffected by data values being added or deleted.

Q2) Which of the following statements about the Chi-square test is True?

A) Chi-square analysis compares the observed frequencies of responses with the expected frequencies.

B) When the differences between observed and expected frequencies are large, one must accept the null hypothesis.

C) The larger the Chi-square, the less likely it is that the two variables that are measured are related.

D) The expected frequencies in Chi-square cannot be calculated theoretically.

E) Categorical data from questions about sex, education, or other nominal variables cannot be tested with this statistic.

Q3) How are sample statistics different from population parameters?

To view all questions and flashcards with answers, click on the resource link above. Page 13

Chapter 12: Examining Relationships in Quantitative Research

Available Study Resources on Quizplus for this Chatper

50 Verified Questions

50 Flashcards

Source URL: https://quizplus.com/quiz/49921

Sample Questions

Q1) Which of the following statements is True of the correlation analysis?

A) The null hypothesis for the Pearson correlation coefficient states that there is always a strong association between two variables.

B) The Pearson correlation coefficient measures the degree of linear association that ranges from 1.0 to 10.0.

C) The larger the correlation coefficient, the weaker the association between two variables.

D) The null hypothesis for the Pearson correlation coefficient states that the correlation coefficient is zero.

E) The Pearson correlation coefficient measures the degree of linear association between three variables.

Q2) When the correlations between independent variables in regression are high enough to cause problems, one approach is to create summated scales consisting of the independent variables that are highly correlated.

A)True

B)False

Q3) Discuss the concept of multicollinearity.

Q4) Discuss multiple regression analysis.

To view all questions and flashcards with answers, click on the resource link above. Page 14

Chapter 13: Communicating Marketing Research Findings

Available Study Resources on Quizplus for this Chatper

50 Verified Questions

50 Flashcards

Source URL: https://quizplus.com/quiz/180066

Sample Questions

Q1) While preparing a research report, a researcher should:

A) avoid providing interpretations of the statistical data and results.

B) avoid unnecessary use of multivariate techniques.

C) ignore quality and instead focus on the packaging of the report.

D) try making the report bigger and more comprehensive by adding information that does not pertain directly to the research objectives.

E) base all conclusions or recommendations on one or a few statistically significant questions or results.

Q2) Which of the following is included in the title page of a report?

A) Questionnaire

B) Total estimated budget of the report

C) Statistical calculations

D) Detailed sampling map

E) Date of the report submission

Q3) Discuss the organization format common to all marketing research reports.

Q4) Information in an appendix is cited in the research report to guide a reader to further technical or statistical detail.

A)True

B)False

To view all questions and flashcards with answers, click on the resource link above. Page 15

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.