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There
are many and varied advanced
analysis techniques some of
the more common of which are
listed below. They may at
first appear complicated and
potentially intimidating and
in recognition of this we
have prepared a layman’s
guide for each technique. To
find out more please click
on the technique below.
*
Correlation analysis
*
Maximum Difference Scaling
*
Regression analysis
*
Conjoint analysis
*
Factor analysis
*
Cluster analysis also known
as Segmentation analysis
*
CHAID analysis
*
Correspondence Analysis also
known as Brand Mapping
By the
time you get to the analysis
of your data, most of the
really difficult work has
been done. It's much more
difficult to: define the
research problem; develop
and implement a sampling
plan; conceptualize,
operationalize and test your
measures; and develop a
design structure. If you
have done this work well,
the analysis of the data is
usually a fairly
straightforward affair.
In most
social research the data
analysis involves three
major steps, done in roughly
this order:
*
Cleaning and organizing the
data for analysis (Data
Preparation)
*
Describing the data
(Descriptive Statistics)
*
Testing Hypotheses and
Models (Inferential
Statistics)
Data
Preparation involves
checking or logging the data
in; checking the data for
accuracy; entering the data
into the computer;
transforming the data; and
developing and documenting a
database structure that
integrates the various
measures.
Descriptive Statistics are
used to describe the basic
features of the data in a
study. They provide simple
summaries about the sample
and the measures. Together
with simple graphics
analysis, they form the
basis of virtually every
quantitative analysis of
data. With descriptive
statistics you are simply
describing what is, what the
data shows.
Inferential Statistics
investigate questions,
models and hypotheses. In
many cases, the conclusions
from inferential statistics
extend beyond the immediate
data alone. For instance, we
use inferential statistics
to try to infer from the
sample data what the
population thinks. Or, we
use inferential statistics
to make judgments of the
probability that an observed
difference between groups is
a dependable one or one that
might have happened by
chance in this study. Thus,
we use inferential
statistics to make
inferences from our data to
more general conditions; we
use descriptive statistics
simply to describe what's
going on in our data.
In most
research studies, the
analysis section follows
these three phases of
analysis. Descriptions of
how the data were prepared
tend to be brief and to
focus on only the more
unique aspects to your
study, such as specific data
transformations that are
performed. The descriptive
statistics that you actually
look at can be voluminous.
In most write-ups, these are
carefully selected and
organized into summary
tables and graphs that only
show the most relevant or
important information.
Usually, the researcher
links each of the
inferential analyses to
specific research questions
or hypotheses that were
raised in the introduction,
or notes any models that
were tested that emerged as
part of the analysis. In
most analysis write-ups it's
especially critical to not
"miss the forest for the
trees." If you present too
much detail, the reader may
not be able to follow the
central line of the results.
Often extensive analysis
details are appropriately
relegated to appendices,
reserving only the most
critical analysis summaries
for the body of the report
itself.
Q. What
is correlation analysis?
A.
Correlation analysis looks
at the indirect
relationships in survey data
Q.
When would you use it?
A. To
objectively establish which
variables are most closely
associated with a given
action or mindset
Q.
What are the advantages?
A. It
can provide a more
discriminatory analysis than
asking a direct question
Q. Any
disadvantages?
A. Has
potential shortcomings when
dealing with mixed scales
Q.
What is Maximum Difference
Scaling?
A. A
method of establishing the
relative importance or
preference of a number of
items
Q.
When would you use it?
A.
Maximum Difference Scaling
can be used in a range of
settings e.g. determining
the importance of features
of a new product
Q.
What are the advantages?
A. It
provides a more
discriminatory analysis than
asking a direct question
especially when a large
number (up to 30) of items
are to be tested set
Q. Any
disadvantages?
A.
Takes slightly longer to
complete than direct
questioning
Q.
What is regression analysis?
A.
Regression is a technique
used to predict the value of
one variable based on
results of one or more other
variables
Q.
When would you use it?
A. To
work out the simultaneous
impact of more than one
variable at a time
Q.
What are the advantages?
A.
Allows you to work out ‘what
if …’ scenarios
Q. Any
disadvantages?
A. Good
predictive powers cannot be
guaranteed. Interco relation
of data can mean that not
all variables are included
in the regression model.
Works best with binary
variables (i.e. ‘yes’ / ‘no’
responses)
Q.
What is Conjoint Analysis?
A. In
simple terms conjoint
analysis (derivation
considered jointly) requires
respondents to trade off one
set of features or
attributes against another
to determine their relative
importance.
Q. When
would you use it?
A. When
you need to predict
respondent choice when
selecting a product or
service e.g. selecting a new
mobile contract
Q. What
are the advantages?
A.
Conjoint is ideal if you
need to test a complicated
multi level product or
service
Q. Any
disadvantages?
A. Not
ideally suited to a
telephone fieldwork
approach
Q. What
is Factor Analysis?
A. A
technique used to examine
the relationships among a
set of variables in order to
identify an underlying
structure to those items
Q. When
would you use it?
A.
Factor is widely used as an
input into other analysis -
for example cluster
analysis/segmentation
analysis.
Q. What
are the advantages?
A. It
can reduce a large number of
variables that would be
otherwise be cumbersome,
time-consuming or simply
impractical to analyse
individually to a more
manageable smaller number of
factors
Q. Any
disadvantages?
A. The
reduction of a large number
of variables to a small
group of factors can lead to
some loss of sensitivity in
analysis
Q.
What is cluster analysis?
A.
Cluster analysis – also
known as market segmentation
– is a technique that is
used to measure market
composition
Q. When
would you use it?
A. To
provide an alternative, more
focused profile to what
would be possible using
basic socio-demographics, or
other single-dimensional
measures
Q. What
are the advantages?
A. It
provides a classification
that primarily describes the
make-up of the market in
attitudinal or behavioral
terms
Q. Any
disadvantages?
A.
While members of each
cluster group share the same
characteristics, each member
is not all necessarily
identical to every other
member
Q What
is CHAID?
A CHAID
stands for Chi-squared
Automatic Interaction
Detector. It is a technique
that detects interaction
between variables.
Q When
would you use it?
A It
is used to identify discrete
groups of consumer and
predict how their responses
to some variables affect
other variables
Q What
are the advantages?
A
Highly visual output, no
equations.
Q Any
disadvantages
A Needs
large sample sizes to work
effectively
Q. What
is correspondence analysis?
A.
Correspondence analysis is a
diagrammatic means of
expressing the relationships
between survey variables
such as brands and
attributes
Q. When
would you use it?
A. To
visually present brand image
data, especially to
non-researchers
Q. What
are the advantages?
A.
Easily to assimilate data
and understand
relationships, no
complicated equations
Q. Any
disadvantages?
A. Maps
give only a 2-dimensional
representation of the data
and should really be read in
conjunction with the more
detailed statistical
analysis that goes into
their construction
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