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Characteristics of Quantitative Research
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Terms in this set (7)
1. OBJECTIVE
- observes accurate measurement and analysis of certain variable which does not rely on institutions and not influence by personal preferences and point of view of the researcher as an quantitative Research is inclined in measuring what is intended to be measured free from personal biases.
2. NUMERICAL DATA
- tables, graphs and figures are utilized in the presentation of numerical data for easier interpretation and analysis.
3. STRUCTURED RESEARCH INSTRUMENTS
- is gathered using a well-established research instrument such as QUESTIONNAIRES and CHECKLISTS to ensure RELIABILITY, ACCURACY and VALIDITY of data to be gathered.
4. DEFINED RESEARCH QUESTIONS
- as each question answers all the aspects/variables stipulated in research title.
5. REPLICATION
- subjected to replication and repetition in order to test the reliability and consistency of the results obtained.
6. LARGE SAMPLE SIZES
- research in order to ensure well representativeness in developing conclusion which will be used to generalize the population
7. FUTURE OUTCOMES
- results and conclusions derived from quantitative study can be used to predict future results and establish casual relationship between variables.
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Verified questions
finance
The adjusted trial balance for Speedy Courier as of December 31 follows. $$ \begin{array}{lrr} \text{}&\textbf{Debit}&\textbf{Credit}\\[5pt] \text{Cash}&\text{\$\hspace{15pt}58,000}&\text{}\\ \text{Accounts receivable}&\text{120,000}&\text{}\\ \text{Interest receivable}&\text{7,000}&\text{}\\ \text{Notes receivable (due in 90 days)}&\text{210,000}&\text{}\\ \text{Office supplies}&\text{22,000}&\text{}\\ \text{Trucks}&\text{134,000}&\text{}\\ \text{Accumulated depreciation-Trucks}&\text{}&\text{\$\hspace{15pt}58,000}\\ \text{Equipment}&\text{270,000}&\text{}\\ \text{Accumulated depreciation-Equipment}&\text{}&\text{200,000}\\ \text{Land}&\text{100,000}&\text{}\\ \text{Accounts payable}&\text{}&\text{134,000}\\ \text{Interest payable}&\text{}&\text{20,000}\\ \text{Salaries payable}&\text{}&\text{28,000}\\ \text{Unearned delivery fees}&\text{}&\text{120,000}\\ \text{Long-term notes payable}&\text{}&\text{200,000}\\ \text{Common stock}&\text{}&\text{15,000}\\ \text{Retained earnings}&\text{}&\text{110,000}\\ \text{Dividends}&\text{50,000}&\text{}\\ \text{Delivery fees earned}&\text{}&\text{611,800}\\ \text{Interest earned}&\text{}&\text{34,000}\\ \text{Depreciation expense-Trucks}&\text{29,000}&\text{}\\ \text{Depreciation expense-Equipment}&\text{48,000}&\text{}\\ \text{Salaries expense}&\text{74,000}&\text{}\\ \text{Wages expense}&\text{300,000}&\text{}\\ \text{Interest expense}&\text{15,000}&\text{}\\ \text{Office supplies expense}&\text{31,000}&\text{}\\ \text{Advertising expense}&\text{27,200}&\text{}\\ \text{Repairs expense-Trucks}&\underline{\text{\hspace{18pt}35,600}}&\underline{\text{\hspace{45pt}}}\\ \text{Totals}&\underline{\underline{\text{\$1,530,800}}}&\underline{\underline{\text{\$1,530,800}}}\\ \end{array} $$ **Required** Use the information in the adjusted trial balance to prepare (*a*) the income statement for the year ended December 31; (*b*) the statement of retained earnings for the year ended December 31 Note: Retained Earnings at Dec. 31 or the prior year was $110,000); and (*c*) the balance sheet as of December 31.
economics
Evan has $\$ 40$ to spend at an amusement park. The roller coaster costs $\$ 10$ per ride. Given the information about Evan's utility in Table 7Q-2, explain why he chooses to ride only three times.
economics
Marcia currently has $\$ 30,000$ invested in a money market fund earning $2 \%$ per year compounded continuously. Market conditions are improving, and she decides to continuously transfer $25 \%$ of her account into a stock fund earning $10 \%$ per year. How much will be in each account $5$ years from now?
question
Find the p-value of the following test given that: $\bar{x}=990, n=100$, and $\sigma=25$ $$ \begin{array}{ll}H_0: & \mu=1000 \\ H_1: & \mu<1000\end{array} $$
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