CLO2: Conduct and interpret foundational statistical analyses, utilizing software to draw meaningful conclusions in business research.
College of Business
METH3A: Assignment
Assessment Type:
Individual assignment
Assessment Weight:
30% of final grade
Assessment Format:
Report: Microsoft Word file
Data: SPSS file
CLO under assessment:
CLO2: Conduct and interpret foundational statistical analyses, utilizing software to draw meaningful conclusions in business research.
Part I:
Instructions:
This assignment aims to strengthen your skills in sampling techniques and statistical analysis. You need to design a survey based on the quantitative sampling techniques discussed in class and collect data from relevant respondents. In your report, you need to explain your research question and the hypotheses. Then, you should elaborate on how you have made your questionnaire and its different sections. Finally, you need to discuss the development of the web-based survey, attach the actual survey, and explain the data collection method. Do not forget to reflect on the reliability and validity concerns as well. All these steps should be conducted academically, and the report should be mapped to an academic article. To this end, you can use the attached paper (or any other journal paper) as a benchmark to cover relevant parts of sampling and data collection in a paper. You also need to attach the collected data in SPSS format.
Part II:
Instructions:
This assignment aims to strengthen your skills in statistical data analysis. Conduct the following two examples using SPSS and class instructions. Use a Word document to insert your SPSS findings and interpret the results next to each table, similar to the format of an academic paper.
Using the Customer_dbase dataset, conduct descriptive statistics for the variable “Credit card debt” and interpret the results. As discussed in class, choose essential measures in SPSS options.
Using the Student_survey dataset, conduct an Independent T-test to investigate the following Hypothesis: Senior students spend more money on partying than Junior students. (Guide: you need to categorize “Year” variable into two categories, considering students in years 1 to 3 as Junior Student category and the rest as Senior Student category. Follow class instructions, and do not forget to test assumptions as well.
General guidelines:
The report should begin with a cover page with the research title and student name/IDs.
The word count for Part I is approximately 1000-2000 words, excluding references and appendices. There is no word count limit for Part II.
Use adapted diagrams and tables or ones you develop if you wish, and use subheadings clearly to indicate the structure of your work.
Insert page numbers.
Follow the APA citation and referencing format. Please refer to the following link for further information and guidelines: https://www.scribbr.com/apa-style/apa-seventh- edition-changes/
Please use Times New Roman font size 12 and line spacing 1.15 for all except References. For Reference, use Times New Roman font size 12 and line spacing 1.0.
Show clear, organized structure, with sub-headings as appropriate
Quotations, tables, charts, diagrams, etc., must be clear and relevant.
Please submit all other files, e.g., dataset, data analysis, and Word files, in one zipped file via Blackboard.
Sample Answer (Do Not Copy)
Part I: Survey Design and Data Collection
Introduction
This report focuses on designing and conducting a survey using quantitative sampling techniques and statistical analysis. The research aims to explore [your research question, e.g., "the impact of financial literacy on consumer credit card debt"]. The study formulates hypotheses to examine relationships between key variables and employs a structured survey to collect relevant data. The collected data is then analyzed using SPSS to derive meaningful business insights.
Research Question and Hypotheses
The research question is: [Clearly define your research question] . Based on this, the following hypotheses are formulated:
H₀ (Null Hypothesis): There is no significant relationship between [Variable X] and [Variable Y].
H₁ (Alternative Hypothesis): There is a significant relationship between [Variable X] and [Variable Y].
Survey Design and Structure
The survey was designed using a structured questionnaire consisting of different sections. The questionnaire includes:
Demographic Information (Age, Gender, Income Level, etc.)
[Section related to the research topic] (e.g., Financial Literacy, Spending Habits, etc.)
[Another section specific to the study]
The questionnaire was created using [Google Forms / Qualtrics / another tool] and distributed via [email, social media, etc.].
Continued...
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