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What are the statistical tools used in marketing research?

Sas, spss


What are the uses of statistics in Banking Sector?

The statistical tools are used in banking sector for making a decision.How do a bank invest their money in capital market or for lending to their customer,they have to use statistics.It is also use in forcusting in the banking sector.


What are statistical tools?

1. compile the primary data 2. interpreatation 3. Analyising the data of different field Harisha M.K.


What are statistical reports?

Statistics is a mathematical science pertaining to the collection, analysis, interpretation or explanation, and presentation of data.It also provides tools for prediction and forecasting based on data. Statistical methods can be used to summarize or describe a collection of data. To create statistical reports aggregate are used.Aggregate functions compute a single result value from a set of input values.


Is SPSS used in qualitative data analysis only?

No, SPSS (Statistical Package for the Social Sciences) is not limited to qualitative data analysis only. In fact, SPSS is primarily designed for quantitative data analysis, which involves analyzing numerical data using statistical techniques. It is widely used in fields such as social sciences, psychology, economics, and market research. SPSS provides a range of features and tools for SPSS quantitative data analysis, including: Descriptive statistics: SPSS allows you to calculate and summarize descriptive statistics such as means, standard deviations, frequencies, and percentages. These statistics provide an overview of the distribution and characteristics of your data. Inferential statistics: SPSS offers a variety of statistical tests for making inferences about populations based on sample data. These tests include t-tests, ANOVA (Analysis of Variance), chi-square tests, correlation analysis, regression analysis, and more. Data manipulation: SPSS provides functionalities to manipulate and transform data. You can recode variables, compute new variables, merge datasets, filter cases, and perform various data transformations to prepare your data for analysis. Data visualization: SPSS enables you to create charts, graphs, and plots to visually represent your data. This helps in understanding patterns, relationships, and trends in the data. Advanced statistical techniques: In addition to basic statistical tests, SPSS also supports more advanced techniques. For example, it offers tools for factor analysis, cluster analysis, discriminant analysis, survival analysis, and nonparametric tests.

Related Questions

What are the statistical tools under parametric?

statistical tools under parametric


What has the author John B Cordrey written?

John B. Cordrey has written: 'Basic statistical tools and techniques' -- subject(s): Statistics


What is statistical treatment in a research paper?

this part describes the statistical tools used in the research and the reason of the researcher in using such tools.


What are the research project tools for analyzing the outcome?

Mathematical tools such as statistical analyses.


What are some basic tools required for making jewelry?

Some tools required for jewelry making include round nose pliers, flat nose pliers, wire/side cutters, crimping pliers, an awl, tweezers, a hammer and a measuring stick. Depending on the type of jewelry one is making the list of basic tools will change to one degree or another.


Is quantitive research usually based on numerical measurements?

Yes, quantitative research is typically based on numerical measurements. It involves the collection and analysis of data that can be quantified, allowing researchers to identify patterns, test hypotheses, and make statistical inferences. This approach often utilizes structured tools like surveys or experiments to gather measurable data, which can then be analyzed using statistical methods.


What are the statistical tools used in marketing research?

Sas, spss


What is statistical tools in research?

Statistical tools are tool which are purposively make or are use for data collection and analysis in research methodology. E.g destriptive. mean. standard deviation. chi_square e.t.c


What are some of the geographer basic tools?

what are some of the geographers basic tools


What are the four basic methods of making a sculpture?

well, balence, skill, tools, and posture :) hope it hrlps broo!


What are the differences between a two sample t-test and a chi-square test, and how do they each contribute to statistical analysis?

A two-sample t-test is used to compare the means of two independent groups, while a chi-square test is used to determine if there is a relationship between two categorical variables. The t-test helps determine if there is a significant difference in means, while the chi-square test helps determine if there is a significant association between variables. Both tests are important tools in statistical analysis for making inferences about populations based on sample data.


How managerial economic tools such as marginal revenue marginal product marginal cost and marginal profit can be used to inform decision making?

basic economic tools in manaregial economics