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Exam Two Marketing Terms
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39
Business
Undergraduate 3
03/25/2014

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Term
Secondary Data
Definition
information not gathered for the immediate study at hand but for some other purpose
Term
Single-Source Data
Definition
Data that allow researchers to link together purchase behavior, household characteristics, and advertising exposure at the household level
Term
People Meter
Definition
a device used to measure when a television is on, to what channel it is tuned, and who in the household is watching it
Term
Personality
Definition
normal patterns of behavior exhibited by an individual, the attributes, traits, and mannerisms that distinguish one individual from another
Term
Attitude
Definition
an individuals overall evaluation of something
Term
Awareness/Knowledge
Definition
insight into, or understanding of facts about, some object of phenomenon
Term
Intentions
Definition
anticipated or planned future behavior
Term
Motive
Definition
a need, want, drive, urge, wish, desire, impulse, or any inner state that energizes, activates, or moves and that directs behavior towards goals
Term
behavior
Definition
what individuals have done or are doing
Term
Communication
Definition
a method of data collection involving questioning of respondents to secure desired information, using a data collection instrument called a questionnaire
Term
Observation
Definition
a method of data collection in which the situation of interest is watched and the relevant facts, actions, or behaviors are recorded
Term
Response Latency
Definition
the amount of time a respondent deliberates before answering a question
Term
Galvanometer
Definition
a device used to measure changes in the electrical resistance of the skin that are associated with emotion
Term
Categorical Measures
Definition
A commonly used expression for nominal and ordinal measures
Term
Frequency Analysis
Definition
a count of the number of cases that fall into each category when the categories are based on one variable
Term
Outlier
Definition
an observation so different in magnitude from the rest of the observations that the analyst chooses to treat it as a special case
Term
Histogram
Definition
a form of bar chart on whicht he values of the variable are places along the x axis and the absolute or relative frequency of the values is show on the y axis
Term
Confidence Interval
Definition
a projection of the range within which a population parameter will lie at a given level of confidence, based on a statistic obtained from a probabilistic sample
Term
Continuous Measures
Definition
a commonly used expression for interval and ratio measures
Term
Descriptive Statistics
Definition
statistics that describe distribution of responses on a variable. The most commonly used descriptive statistics are the mean and standard deviation
Term
Sample Mean
Definition
the arithmetic average value of the responses on a variable
Term
Sample Standard Deviation
Definition
a measure of the variation of responses on a variable. The SD is the sqaure root of the calculated variance on a variable
Term
Median Split
Definition
A technique for converting a continuous measure into a categorical measure with two approximately equal-sized groups. The groups are formed by "splitting" the continuous measure as its median value
Term
Cumulative Percent Breakdown
Definition
A technique for converting a continuous measure into categorical measure. The categories are formed based on the cumulative percentages obtained in a frequency analysis
Term
Two-Box Technique
Definition
a technique for converting an interval-level rating scale into a categorical measure, usually used for presentation purposes. The percentage of respondents choosing one of the top two positions on a rating scale is reported.
Term
Hypothesis
Definition
unproven propositions about some phenomenon of interest
Term
Null Hypothesis
Definition
the hypothesis that a proposed result is not rue for the population
Term
Alternative Hypothesis
Definition
the hypothesis that a proposed result is true for the proposition
Term
Significance Level (a)
Definition
the acceptable level of error selected by the researchers, usually set for .05. The level of error refers to the probability of rejecting the null hypothesis when it is actually true for the population
Term
p-value
Definition
the probability of obtaining a given result if in fact the null hypothesis were true in the population. A result is regarded as statistically significant if the p value is less than the chosen significance level os the test
Term
Chi-Sqaure Goodness-Of-Fit Test
Definition
a statistical test to determine whether some observed pattern of frequencies corresponds to an expected pattern
Term
Cross Tabulation
Definition
a multivariate technique used for studying the relationship between two or more categorical variables. The Technique considers the joint distribution of sample elements across variables
Term
Pearson Chi-Sqaure (X2) Test of Independence
Definition
a commonly used statistic for testing the null hypothesis that categorical varaibles are independent of one another
Term
Cramer's V
Definition
a statistic used to measure the strength of relationship between categorical variables
Term
Independent Samples t-Test
Definition
a technique commonly used to determine whether two groups differ on some characteristic assessed on a continuous measure
Term
Paired Sample t-Test
Definition
a technique for comparing two means when scores for both variables are provided by the same sample
Term
Pearson Product-Moment Correlation Coefficient
Definition
A statistic that indicates the degree of linear association between two continuous variables. The correlation coefficient can range from -1 to +1
Term
Regression Analysis
Definition
a statistical technique used to derive an equation representing the influence of a single (simple regression) or multiple (multiple regression) independent variables on a continuous, dependent, or outcome, variable
Term
Coefficient of Multiple Determination (r2)
Definition
a measure representing the relative proportion of the total variation in the dependent variable that can be explained or accounted for by the fitted regression equation. When there is only one predictor variable, this value is referred to as the coefficient of determination
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