Question

Which of the following should you NOT do when collecting and evaluating data on your market?

Answer 1

You should avoid only looking for information that supports your initial idea (confirmation bias). Instead, you should gather all the relevant data and then make your conclusions.

Answer 2

You should avoid only looking for information that supports your initial idea. Instead, you should gather all the relevant data and then make your conclusions.

Once you’ve collected all of your data, it is time on analyze these or organize your findings. The analysis phase is crucial because it turns raw data into valuable insights that you can use of enhance your marketing strategies, products, and business decisions.

How to Evaluate Your Market Research Results

1. Descriptive Statistic Methods To the Evaluate Quantitative Data. Focusing to the variables that is present or determining.
2. Inferential Statistical Methods on Evaluate Quantitative Data. Once your data had been summarized, more in-depth.
3. Methods on Evaluate Qualitative Data

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