Correlation refers to the extent of a relationship between the variables. In order to determine this relationship, it is essential to establish a correlation between the variables.
Grounded theory analysis in qualitative research is a type of scientific research concerned with the emerging concepts of social phenomena. It refers to situations where data collection is conducted in an unstructured way (Joubish, Khurram, Ahmed, Fatima, & Haider, 2011). The three main qualitative research methods are participant observation, in-depth interviews and focus groups (Jamshed, […]
Correlation is a statistical measure that helps in determining the extent of the relationship between two or more variables or factors. For example, growth in crime is positively related to growth in the sale of guns. Growth in obesity is positively correlated to growth in consumption of junk food. However, growth in environmental degradation is […]
There different instruments to collect primary data and the most widely used is the questionnaire in a survey method. Correlation and regression tests are two of the basic statistical tools that are widely applied to analyze data.
The normal linear regression analysis and the ANOVA test are only able to take one dependent variable at a time. So one cannot measure the true effect if there are multiple dependent variables. In such cases multivariate analysis can be used.
Event study helps to determine the effect of an event on a dependent variable. In most cases event study is used to determine the impact of an event on the stock prices of a company. The main motive of the event study is to find whether the event has abnormal returns on the prices of the stock.