QUANITATIVE AND QUALITATIVE ATTRIBUTES OF WIDGECORP’S NEW SNACK FOOD KENNETH C HOLMES DR. HENRIETTA OKORO APPLIED MANAGERIAL DECISION MAKING 4/13/15 PHASE 1 INDIVIDUAL PROJECT QUALITATIVE DATA • • • • • • What is qualitative data? Examples of qualitative data. What is qualitative data based on? Sources of qualitative data. Nominal VS. ordinal data. Rating scale of nominal and ordinal data QUANTITATIVE DATA • • • • • • What is quantitative data? Examples of quantitative data. Discrete VS. continuous Interval VS. ratio data. Population VS sample Benefits of studying a sample SNACK FOOD STUDY • • • • • • Qualitative attributes to measure. Quantitative attributes to measure. The types of population used in the study. The qualities required of each participant. The possible questions asked of each participant. Measuring the results using ordinal and quantitative value scales. • The plan. NON BIAS • • • • • • Why non-bias is important Moderator bias Biased questions Biased answers Biased sample Biased reporting ORDINAL QUALITY PIE CHART 2% 1% Quality 24% 45% 28% Very Poor Quality Poor Quality Neutral Quality High Quality QUANTITATIVE SCALE 45% 40% 35% 30% 25% 20% 15% 10% 5% 0% Very Unlikely Unlikely to to Purchase Purchase Neutral Likely to Purchase Very Likely to Purchase BUSINESS INTELLIGENCE • • • • • • • • What is business intelligence? Benefits of business intelligence. Data analysis applications. How BI data is stored. Converting data. The business intelligence team. Business Intelligence security. Business Intelligence VS. Advanced Analytics REFERENCES • B, B. (2011, January 29). What is Qualitative Data? Retrieved from www.qwhatisit.com>Science • Celine. (2011, August 14). Difference Between Ordinal Data and Interval Data. Retrieved from www.differencebetween.net/Science/Mathematics-Statistics • Celine. (2011, April 14). Difference Between Population and Sample. Retrieved from www.differencebetween.net/..../difference-betweenpopulation-and-sample • Kaushik, N. (2011, August 13). Difference Between Qualitative Data and Quantitative Data. Retrieved from www.differencebetween.net/....qualitative-data-and -quantitative-data • N.A. (2011, September 25). Difference Between Discreet and Continuous Variables. Retrieved from www.differencebetween.com>....>Science>Mathematics REFERENCES • N.A. (2011, September 20). Difference Between Nominal Data and Ordinal Data. Retrieved from www.differencebetween.com>....>Science>Mathematics • N.A. (2012, November 24). Difference Between Interval and Ratio. Retrieved from www.differencebetween.net/Science/MathematicsStatistics/.... • N.A. (2012). Qualitative Research Bias - How to Recognize it. Retrieved from www.FocusGroupTips.com/qualitative-research.html • Pyle, L. S. (2010, September 23). How to do Market Research-The Basics. Retrieved from www.entrepreneur.com/article/217345 • Rouse, M. (2015). Business Intelligence (BI). Retrieved from www.searchdatamanagement.techtarget.com/definition/businessintelligence