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We have used quantitative techniques to explore questions about whether groups differ and whether variables are...

We have used quantitative techniques to explore questions about whether groups differ and whether variables are related. Please provide a business example for each (differences and relationships) that you might explore in your own profession. Are there business questions that do not fall into one of those groupings that you would like to test?

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  • Assume our business is to sell sports magazine.
  • We needed to test whether the male buyer is more than the female buyer ( a test for distinction )
  • We needed to test that is there any connection between the sale sports magazines versus gender  ( a test for relationship ) a chi-square test is utilized here.
  • Assume need to test and break down how much sales income increments by focusing on the correct audience  (female or male)
  • we can't test and investigate this business issue utilizing the above strategy.
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