L7 Flashcards

1
Q

research problem vs decision problem?

A

Research problem is about what information is needed.
Decision problem is about what do we do?

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2
Q

Exploratory research and its advantages+disadvantages

A

exploratory research is where data without a specific research hypothesis is researched.
Advantages: flexibility, generating hypotheses, and uncovers unknowns, low cost
Disadvantages: lacks generalizability, subjective results, limited structure, and not confirmatory

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3
Q

Confirmatory research and advantages + dis

A

confirmatory research tests a research hypothesis between an independent variable and dependent variable.
Advantages: structured design, hypothesis testing, and efficiency
Disadvantages: correlation and no causality, self-report(intention-behavior gap), sampling bias, and design

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4
Q

what is needed when making a theoretical hypothesis?

A
  1. direction of effect
  2. significance
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5
Q

what is internal and external validity?

A

internal validity is on if there is enough evidence to support the hypothesis
external validity is on whether the evidence is generalizablew

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6
Q

what limitations are there on internal validity?

A

partiicpants are not incentivized to respond truthfully, unable to infer causality

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7
Q

what limitations are there for external validity?

A
  • sampling bias like self selection. To reduce it, its how you recruit people.
  • intention behaviour gap (self report)
  • limited context like only one country or brand
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