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Market Research MCQ

Market Research Quick Quiz

Question 1 of 10
  • What is the 'interquartile range' of the following data: 10, 6, 12, 8, 2, 6, 4?

    Answer & Explanation

    Correct Answer: 6

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  • Which of the following models the process by which new products are taken up amongst a population of potential customers?

    Answer & Explanation

    Correct Answer: Bass diffusion model

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  • True or False? "Treatment" is the changes that are being made to the independent variable in a research study.

    Answer & Explanation

    Correct Answer: True

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  • What is it called when one rejects the null hypothesis and accepts the alternative, when in fact the null hypothesis is true?

    Answer & Explanation

    Correct Answer: Type I error

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  • What is another term for a z-score?

    Answer & Explanation

    Correct Answer: Standard score

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  • If a survey question uses two bi-polar words and degrees of agreement, it is using:

    Answer & Explanation

    Correct Answer: A semantic differential scale

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  • Which of these is not an Online Survey Programming Tool:

    Answer & Explanation

    Correct Answer: Wincross

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  • Which of the following statements relating to business-to-business research is/are true?

     i)Personal relationships between the marketer and the respondent are less important.

    ii)The marketer needs to target the correct correspondent more carefully.

    Answer & Explanation

    Correct Answer: Only (ii) is true.

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  • Which of the following is NOT a type of product research?

    Answer & Explanation

    Correct Answer: Pricing analysis

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  • Collecting the data is the step of the market research process that involves __________.

    Answer & Explanation

    Correct Answer: Translating responses and questionnaires

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  • Market Research Quick Quiz

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