Nobody downloaded yet

Research Methods for Managerial Decisions - Essay Example

Comments (0) Cite this document
The answer to this the difference between the two sets of results is because of the type of variables chosen. For the first approach, the data was collected from normal values, which are independent variables as they are obtained from current observations…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97% of users find it useful
Research Methods for Managerial Decisions
Read TextPreview

Extract of sample
"Research Methods for Managerial Decisions"

Download file to see previous pages Therefore, the observed values would be different for each case, hence the difference in the results.
Coming to the problem of optimization, the only variable that is used for estimating the optimal values is known as the coefficient of multiple determinations, which is denoted by R2. According to theory, R2 is used to determine the proportion of the variation in the dependent variable that is explained by the set of independent variables. For the above 2 cases, R2 was found to be 0.546 & 0.570 respectively. This signifies that in the analysis, only 54.6% and 57% of the variation in the revenue can be accounted for by the 3 variables taken into consideration. If indeed one were to make the solution optimal, then it can only be done if the model were to explain the results in terms of the largest variation in the dependent variables along with the use of the fewest number of independent variables.
As such, it would be optimal to include all the lagged values in the regression equation (as they are dependent variables), but along with this it would also be necessary to include the normal values (current advertising expenditure as well as the price index). The estimated advertising costs (under normal values) must be excluded, as it is not required. Under this scheme, the R2 turns out to be 0,756, which is the largest obtained among all possible combinations, and hence the most optimal.
Under the following scenario, we adopt the Normal distribu ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Research Methods for Managerial Decisions Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Research Methods for Managerial Decisions Essay Example | Topics and Well Written Essays - 500 words. Retrieved from
(Research Methods for Managerial Decisions Essay Example | Topics and Well Written Essays - 500 Words)
Research Methods for Managerial Decisions Essay Example | Topics and Well Written Essays - 500 Words.
“Research Methods for Managerial Decisions Essay Example | Topics and Well Written Essays - 500 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Methods Employed in Business Research
This paper sought to outline the differences between the quantitative and qualitative research, and the data collection and data analysis of qualitative research. 2.0 Differences Between Quantitative and Qualitative Research Methods Several experts stressed that the distinction between quantitative and qualitative research lies on its epistemology.
6 Pages(1500 words)Essay
Business Research Methods
Searching of useful information is thus critical element to ensuring organizational success. Organizational research is a process of searching information, oriented towards a basic goal of understanding a phenomenon, may be without concern for the relevance or direct usage of the information being gathered.
12 Pages(3000 words)Essay
Managerial decisions
The advantage of hiring contract workers is that their wages can be determined by the management and they are pegged at a certain level, and they do not impact the operations of the organization. Therefore, it has been recommended that ten more contract workers should be hired in order to help the company to cope with the rising demand of bricks.
9 Pages(2250 words)Term Paper
Managerial Escalator
Managerial Escalator is a model that indicates the development of managerial skills. Most employees begin as specialists and end developing managerial skills. There are different responsibilities that the managers have such as overseeing over certain jobs and making decisions.
8 Pages(2000 words)Essay
Integrating Research Methods with Marketing Decisions
Now Ford needs to decide its target market. If its target is the affluent yuppie crowd then it needs to study their psychology and position the vehicle in the best possible way to attract them. Exploratory research method comprises of Interviews, literature review, discussion etc.
7 Pages(1750 words)Research Proposal
Managerial Financial Resources and Decisions
Further financing can be raised though debts in case the company intend to take advantage of the gearing. However, at present the company is appropriately financed. Underwriting expense, Brokerage, Fee to the mangers to the issues, Fee to the Registrars to the issue, Printing Expenses, Courier and Postage expenses, Advertising and Publicity Expenses, Listing fee, and Stamp duty.
15 Pages(3750 words)Research Paper
Research Methods
As a result, the company will experience a foreign exchange loss. Conversely, a company with a liability position in a weakening FC
12 Pages(3000 words)Essay
Research Methods Reflective Essay
Planning assists a person to work elegantly rather than harder. It keeps a person future-oriented and inspires him to attain the results he desires. Planning considerably enhances his opportunities of achievement by
9 Pages(2250 words)Essay
Managerial Decisions in Economic Terms
Both alternatives involve their respective costs, which have been discussed at length. Both cases have their own set of pros and cons. This has been explained under the head ‘Factors or Costs’. It is seen that a number of variables come into play while deciding
8 Pages(2000 words)Essay
M5a2 - research methods
In this way, the independent variable (decisions in the customer services) can be measured or selected or can be manipulated, which would influence the dependent variable (level of sales and Profit of the
3 Pages(750 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Essay on topic Research Methods for Managerial Decisions for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us