Question

In: Economics

What are key differences between exploratory, descriptive, and explanatory studies? Imagine you are a researcher interested...

What are key differences between exploratory, descriptive, and explanatory studies? Imagine you are a researcher interested in learning more about alcohol abuse on college campuses. Use the table below to frame your study aims for each type of study. Study type Study aim Exploratory To..... Descriptive Explanatory

Solutions

Expert Solution

Exploratory - Conduct interviews, use secondary research, use analytical arguments. Basically try to get a broad overview of the problem. In college alcohol abuse, talk to professors, students, adminstration to have an idea of the problem.

Descriptive - collect data and explain the data through statistical features like mean, ratios. For this case, collect data on alchohol consumption, frequency, quantity, money spent, purpose of drinking (social / leisure).

Explanatory - this is the most in-depth research which tries to establish a causal link between variables.Here we use econometric tools, economic theory and try to explain an outcome behavior as a result of an input. In the alcholo abuse study, we should try to see what are the personal characteristics of people which increase their probability to drink. Their GPA, parents' income/education/alcohol consumption, their self reported reasons for drinking, hobbies etc. We are trying to establish a relation of the following kind : every hour of weekly sports participation decreases alcohol consumption by 50ml. Other way could be every 100ml weekly alcohol consumption decreases leads to this many points gained in GPA.


Related Solutions

Can you tell me what type of study is this (exploratory, descriptive or explanatory) and why?...
Can you tell me what type of study is this (exploratory, descriptive or explanatory) and why? justify the answer! The chief financial officer of a multinational corporation wants to know the profits made during past 5 years by each of the subsidiaries in England ,Germany, France and Spain.
What are exploratory and explanatory analysis? What is one important distinction to draw between these types...
What are exploratory and explanatory analysis? What is one important distinction to draw between these types of analysis? Why Does Design Matter in Finance and Accounting?
Exploratory-descriptive qualitative research studies are often conducted because a review of the literature has shown that...
Exploratory-descriptive qualitative research studies are often conducted because a review of the literature has shown that little has been published on a topic. As a result, the literature review is done primarily during what part of the research process?
Imagine you are a researcher for the Turonis Pizza Company interested in learning the effects of...
Imagine you are a researcher for the Turonis Pizza Company interested in learning the effects of student population on quarterly sales. You collect sales data from a sample of 10 Turonis Pizza Parlor restaurants located near college campuses with known student populations. For the ith observation or restaurant in the sample, x is the size of the student population (in thousands) and y is the quarterly sales (in thousands of dollars). The values for x and y for the ten...
2) Describe what exploratory, descriptive, and causal research is and how they are related to one...
2) Describe what exploratory, descriptive, and causal research is and how they are related to one another. Provide an example of each type of research. 3) What are the four requirements for claiming causality? Do we meet these requirements in the following situations? • Good user design led to Google’s Android becoming the market leader. • When Rolex charges a higher price, this increases sales. • More advertising causes greater sales.
What are the key differences in gametogenesis between females and males? What is the key step...
What are the key differences in gametogenesis between females and males? What is the key step in spermatogenesis that allows for unlimited sperm production? This step is not present in oogenesis and therefore only a finite number of eggs could be produced. (0-5pts) Guidelines: You must include in your answer how the processes are similar and how they differ. What would health implications have the finite number of eggs present to the female? What organs are responsible for each gametogenesis?...
Scenario: Imagine you are a researcher who is interested in studying whether sleep deprivation leads to...
Scenario: Imagine you are a researcher who is interested in studying whether sleep deprivation leads to increased reaction times (i.e., being slower) when driving. You randomly select a sample of 30 licensed drivers. Fifteen participants are randomly assigned to get 5 hours of sleep for three consecutive nights. The other 15 participants are randomly assigned to get 8 hours of sleep for three consecutive nights. For the purposes of this Assignment, assume that all participants sleep exactly the required amounts....
A researcher is interested in performing an explanatory variable exclusion test on 3 parameters. The data-generating-process...
A researcher is interested in performing an explanatory variable exclusion test on 3 parameters. The data-generating-process satisfies the assumptions of the Classical Linear Model. There are J=6 total explanatory variables and 42 observations. The unrestricted model is of the form: LaTeX: y_i=\beta_0+\sum_{j=1}^J\beta_jx_{ij}+u_i y i = β 0 + ∑ j = 1 J β j x i j + u i Identify the critical value from the Snedecor F-distribution with a 5% level of significance for the exclusion test suggested...
What do you understand by the term ‘Keynesianism’? What are the key differences between Keynesian-liberalism and...
What do you understand by the term ‘Keynesianism’? What are the key differences between Keynesian-liberalism and neo-liberalism?
This week, you have been hired as a market researcher to complete an exploratory study on...
This week, you have been hired as a market researcher to complete an exploratory study on innovative market sectors: Topic: Aerospace, aircrafts, and drones ************Please help me wtite the market anaysis on above topic keeping following key points in mind. Summary of the market analysis and anticipated consumer needs Competitive forces Create a prototype of one potential product or service using the "Layers of the Product" (Salomon et al., 2017, p. 236) Use images, designs, or blueprints Outline potential market...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT