Answered: Many experts in research design return…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Question

Many experts in research design return to the importance of interpreting the findings of a research project. Explain two reasons why this is an essential element in a high-quality research report. Then, discuss two benefits of examining and understanding the intrinsic meaning of the data. Lastly, explain three disadvantages of going too far beyond the scope of the data.

Expert Solution

Step 1: Meaning of Research design-

The planned and methodical strategy or blueprint developed by researchers to guide their investigations is referred to as research design. A good research design guarantees that the study is methodical, well-organized, and capable of producing reliable and legitimate results, hence expanding knowledge in a variety of subjects.