6.6: Key Terms
- Page ID
- 99248
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\(\newcommand{\avec}{\mathbf a}\) \(\newcommand{\bvec}{\mathbf b}\) \(\newcommand{\cvec}{\mathbf c}\) \(\newcommand{\dvec}{\mathbf d}\) \(\newcommand{\dtil}{\widetilde{\mathbf d}}\) \(\newcommand{\evec}{\mathbf e}\) \(\newcommand{\fvec}{\mathbf f}\) \(\newcommand{\nvec}{\mathbf n}\) \(\newcommand{\pvec}{\mathbf p}\) \(\newcommand{\qvec}{\mathbf q}\) \(\newcommand{\svec}{\mathbf s}\) \(\newcommand{\tvec}{\mathbf t}\) \(\newcommand{\uvec}{\mathbf u}\) \(\newcommand{\vvec}{\mathbf v}\) \(\newcommand{\wvec}{\mathbf w}\) \(\newcommand{\xvec}{\mathbf x}\) \(\newcommand{\yvec}{\mathbf y}\) \(\newcommand{\zvec}{\mathbf z}\) \(\newcommand{\rvec}{\mathbf r}\) \(\newcommand{\mvec}{\mathbf m}\) \(\newcommand{\zerovec}{\mathbf 0}\) \(\newcommand{\onevec}{\mathbf 1}\) \(\newcommand{\real}{\mathbb R}\) \(\newcommand{\twovec}[2]{\left[\begin{array}{r}#1 \\ #2 \end{array}\right]}\) \(\newcommand{\ctwovec}[2]{\left[\begin{array}{c}#1 \\ #2 \end{array}\right]}\) \(\newcommand{\threevec}[3]{\left[\begin{array}{r}#1 \\ #2 \\ #3 \end{array}\right]}\) \(\newcommand{\cthreevec}[3]{\left[\begin{array}{c}#1 \\ #2 \\ #3 \end{array}\right]}\) \(\newcommand{\fourvec}[4]{\left[\begin{array}{r}#1 \\ #2 \\ #3 \\ #4 \end{array}\right]}\) \(\newcommand{\cfourvec}[4]{\left[\begin{array}{c}#1 \\ #2 \\ #3 \\ #4 \end{array}\right]}\) \(\newcommand{\fivevec}[5]{\left[\begin{array}{r}#1 \\ #2 \\ #3 \\ #4 \\ #5 \\ \end{array}\right]}\) \(\newcommand{\cfivevec}[5]{\left[\begin{array}{c}#1 \\ #2 \\ #3 \\ #4 \\ #5 \\ \end{array}\right]}\) \(\newcommand{\mattwo}[4]{\left[\begin{array}{rr}#1 \amp #2 \\ #3 \amp #4 \\ \end{array}\right]}\) \(\newcommand{\laspan}[1]{\text{Span}\{#1\}}\) \(\newcommand{\bcal}{\cal B}\) \(\newcommand{\ccal}{\cal C}\) \(\newcommand{\scal}{\cal S}\) \(\newcommand{\wcal}{\cal W}\) \(\newcommand{\ecal}{\cal E}\) \(\newcommand{\coords}[2]{\left\{#1\right\}_{#2}}\) \(\newcommand{\gray}[1]{\color{gray}{#1}}\) \(\newcommand{\lgray}[1]{\color{lightgray}{#1}}\) \(\newcommand{\rank}{\operatorname{rank}}\) \(\newcommand{\row}{\text{Row}}\) \(\newcommand{\col}{\text{Col}}\) \(\renewcommand{\row}{\text{Row}}\) \(\newcommand{\nul}{\text{Nul}}\) \(\newcommand{\var}{\text{Var}}\) \(\newcommand{\corr}{\text{corr}}\) \(\newcommand{\len}[1]{\left|#1\right|}\) \(\newcommand{\bbar}{\overline{\bvec}}\) \(\newcommand{\bhat}{\widehat{\bvec}}\) \(\newcommand{\bperp}{\bvec^\perp}\) \(\newcommand{\xhat}{\widehat{\xvec}}\) \(\newcommand{\vhat}{\widehat{\vvec}}\) \(\newcommand{\uhat}{\widehat{\uvec}}\) \(\newcommand{\what}{\widehat{\wvec}}\) \(\newcommand{\Sighat}{\widehat{\Sigma}}\) \(\newcommand{\lt}{<}\) \(\newcommand{\gt}{>}\) \(\newcommand{\amp}{&}\) \(\definecolor{fillinmathshade}{gray}{0.9}\)Words (or words that have the same definition) | The definition is case sensitive | (Optional) Image to display with the definition [Not displayed in Glossary, only in pop-up on pages] | (Optional) Caption for Image | (Optional) External or Internal Link | (Optional) Source for Definition |
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(Eg. "Genetic, Hereditary, DNA ...") | (Eg. "Relating to genes or heredity") | The infamous double helix | https://bio.libretexts.org/ | CC-BY-SA; Delmar Larsen |
Word(s) | Definition | Image | Caption | Link | Source |
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aided awareness | when a product, brand, or company list is provided to select from to measure awareness | ||||
anonymous data | data in which the respondent is not identified | ||||
awareness | a consumer’s familiarity with a product, brand, or company | ||||
big data | the countless number of records that continues in an increasing capacity and at a faster rate; often described as volume, velocity, and variety of data generated | ||||
breach of confidentiality | a situation where the researcher promises to hold private information but discloses it in an unethical manner without permission | ||||
causal research | studies that define a cause-and-effect relationship between two factors | ||||
census | when all potential target population members are included in the research | ||||
competitive intelligence | a collection of information about competitors from the marketplace | ||||
confidential data | data that is tied back to a respondent, but the respondent’s personal information is not shared | ||||
convenience sample | a nonprobability sample type where potential respondents to the research are selected by convenience rather than through any scientific method | ||||
cross tabulation | an analysis of two variables and the frequency of each answer in relation to the other variable | ||||
customer acquisition cost | the total expenses a company spends to gain a new customer | ||||
customer effort score | a survey used to measure ease of service experience with an organization | ||||
customer satisfaction score | also known as a CES, a survey used to measure ease of service experience with an organization | ||||
data analysis | the distillation of information into a more understandable and actionable format | ||||
data collection | systematic gathering of information that addresses an identified problem | ||||
database | a collection of related data | ||||
descriptive research | data collected to describe the situation in the market and help define an opinion, attitude, or behavior | ||||
electronic surveys | surveys sent through digital means to respondents; respondents also reply to the survey digitally | ||||
ethnographic research | method of collecting data that is conducted by observing people’s natural behavior | ||||
experimental research | studies that define a cause-and-effect relationship between two factors | ||||
exploratory research | research conducted that is more general to learn more about the industry or market | ||||
external data | data that originates from outside the organization | ||||
focus group | a small group, typically 8 to 12 people, who are asked several questions by a moderator and encouraged to build upon each other’s responses | ||||
frequency | a report of the number of each answer received | ||||
in-person surveys | surveys conducted when the respondent and data collector are face-to-face | ||||
infographic | a representation of data in a variety of visual presentations | ||||
internal data | critical marketing intelligence that already exists in the company’s records | ||||
judgment sample | a nonprobability sample type where the potential participants are selected based on a perceived match to the sample frame | ||||
mailed surveys | surveys sent to potential participants through a mail service, such as the US Postal Service | ||||
marketing information | also known as business intelligence, competitive intelligence, or marketing intelligence; information about the market that helps to identify opportunities available | ||||
marketing information system | a system used to collect, analyze, and report interesting findings from internal and external data of the company | ||||
marketing research | the function that links the consumer, customer, and public to the marketer through information | ||||
mean | an arithmetic average of values | ||||
mechanical observation | the use of electronic monitoring to record the actions of the observed | ||||
median | the middle number when all answers are organized from smallest to largest; if an even number of data, the mean of the two middle answers is the median | ||||
mode | the most common response | ||||
nonprobability sample | a situation which each member of the population has an unknown chance of being selected to be part of the sample | ||||
observational research | data collected by watching consumers and recording actions | ||||
one-on-one interview | an interview that happens on an individual level between researcher and respondent | ||||
personal observations | observations that are collected by human recorders | ||||
phone surveys | surveys conducted through the use of a telephone that can be completed through digital or human methods | ||||
primary data | unique information that is collected by the researcher with the current project in mind | ||||
privacy | maintaining the data of research participants discretely and holding confidentiality | ||||
probability sample | a sample in which everyone has a known chance of being included in the research | ||||
problem definition | the realization that there is an issue that needs to be addressed | ||||
qualitative data | data that cannot be distilled into number of responses, such as responses to an interview | ||||
qualitative research | data shared through words, descriptions, and open-ended comments | ||||
quantify the research | to take a variety of data and compile it into a quantity that is easily understood | ||||
quantitative data | data that can be reduced to number of responses, such as number of responses to each answer on a multiple-choice question | ||||
questionnaire | also known as a survey, a series of several questions that can collect a variety of qualitative and quantitative data; can be distributed through several different methods | ||||
sample | a portion of the entire population that is included in the research | ||||
sample frame | a parameter that defines who will be included in the sample and who would not be included | ||||
sample size | the number of respondents that are to be included in the research | ||||
sampling unit | each individual entities that is included in the sample | ||||
secondary data | any research that was completed, within the organization or outside of the organization, for another purpose | ||||
simple random sample | a type of probability sample where every entity has an equal chance of being selected | ||||
stratified random sample | a probability sample type where the population is divided into groups and then participants are selected from each stratum randomly | ||||
sugging | suggesting a purchase disguised as research | ||||
survey | also known as a questionnaire, a series of several questions that can collect a variety of qualitative and quantitative data; can be distributed through several different methods | ||||
syndicated data | a type of secondary data that is available through a subscription service | ||||
target population | the group of people that are of interest for a study | ||||
unaided awareness | when no prompts or lists of potential products, brands, or companies are given to test awareness | ||||
unobtrusive observation | a type of observation research where the observed is not aware they are being monitored | ||||
verbatims | exact quotations of responses to a qualitative question |