Which Data Collection Technique Has the Major Advantage of Enabling

question 5

Multiple Choice

Which data collection technique has the major advantage of enabling you to ask probing questions or see the reactions of the respondents to your venture concept reality check questions?

• A) Mail surveys
• B) Telephone interviews
• C) Personal interviews
• D) Online surveys

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Definitions:

Coefficient Of Determination

A measure used in statistical analysis that assesses how well a model explains and predicts future outcomes, often represented by R^2.

Coefficient Of Correlation

A measure that quantifies the degree of linear relationship between two variables, ranging from -1 to 1.

Interval Variables

Quantitative variables where the intervals between the values are equal and meaningful, allowing for comparisons and mathematical operations.

Symmetric Distribution

A distribution where the left and right sides are mirror images of each other around the central point.