Business Decision Making Essay
Beatriz D’ Bayan
Table of Contents Business Decision Making 3 Task 1: 3 1.1 Collection of data 3 1.2 Survey Methodology 4 1.3 Questionnaire 6 Task 2 9 2.1, 2.2, 2.3 Interpret and conclude the calculation of the frequency distribution, mean, median mode, percentiles, quartiles and correlation coefficient, standard deviation, variance and coefficient of variation (for arrival time and service time data only). 9 2.4 The following task should be accomplished: 14 References 16 Appendices 17
Business Decision Making
1.1 Collection of data 1 | Develop Plan | C.M ,T.H, B.D | June 23-27 | 2 | Conduct Observation | | June29 | | a. Develop Conclusion | C.M | | 3 | …show more content…
Sampling Frame A. Give three (3) reasons for the selected survey methodology (based on your research)
1. The researcher recommends Computer-based questionnaires because it allows respondents more time to think about their answers to the questions. 2. The researcher recommends Computer-based questionnaires because it will cost significantly less than interviewing in person. 3. The researcher recommends Computer-based questionnaires because it will cut down the time for data collection, due to the limited time frame.
B. Give three (3) reasons for the selected sampling frame (refer the results of your survey) 1. The researcher used the age group of 16-20 as the respondents because that’s the age group that frequent Shakey’s and Pizza Hut the most. 2. The researcher chose the location of Muntinlupa City and the cities around it, which are Las Piñas City and Parañaque City because the respondents that have been chosen have access to those branches. 3. The male and female gender have been used by the researcher as their respondents because the computer-based