HYPOTHESIS



TYPE I and TYPE II EXAMPLES

TYPE I ERROR = REJECTED the null hypothesis when it is TRUE.You did not believe the hypothesis even though it was true. = Error: You didn’t choose a city.

TYPE II ERROR = FAILED TO REJECT the null hypothesis when it is FALSE.You believed the hypothesis but it was wrong = Error: You chose a city where the demand is not actually high enough.


SYMBOLS USED TO DENOTE PARAMETERS

What are the symbols used to denote parameters?

Statistical Hypothesis - conjecture about population parameter NOT SAMPLENOTE: Statistic = Values in a sample ; Parameter = Values in a Population


DATA COLLECTION & RESEARCH INSTRUMENTS


What is Data Collection?

- procedure for gathering, measuring, and analyzing precise ideas for research utilizing a tried-and-true methodology.
- MOST IMPORTANT step for research


What is Research Instrument?

- instrument used to gather, evaluate, and interpret data for your research study.


TYPES OF DATA COLLECTION

A. Traditional Collection Techniques

TechniqueAdvantageDisadvantage
1. In-person Interviews- In-depth
- High validity
- Highest level of participant-interviewer interaction
Expensive
2. Mail Survey- Accessible to anyone- Expensive
- Low accuracy
3. Phone Surveys- Anyone can reach
- High validity
- Costly

B. Modern Collection Techniques

TechniqueAdvantageDisadvantage
1. Web/online surveys & Online Interview- Inexpensive
- Self-administered
- Small chance of error
- Expensive
- Internet is not accessible anywhere
- Not everyone desires to share information online.