Differentiate use of descriptive and inferential statistics

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Reference no: EM132986625

Case Study

In the light of the above background, attempt the following questions:

The developed and large companies benefit through employee loyalty. Drastic downsizing in organizations during the COVID 19 recession crushed loyalty of millions. The economic benefits of loyalty include lower recruitment and training cost, higher productivity of workers, customer satisfaction, and the boost to morale of fresh recruits. In order that these benefits are not lost, some companies while downsizing, try various untested models. Flex leave, for instance, is one. This helps employees to receive 20% of their salary, plus employer-provided benefits, while they take a 6 to 12 months sabbatical, with a call option on their services. Others try alternatives like more communication, hand holding and the like.

  1. Suggest possible research title in the above case 
  2. In a paragraph formulate possible problem statement 
  3. By identifying the independent and dependent variable(s), constitute a conceptual framework for the research 
  4. Formulate three possible research hypotheses 
  5. Discuss a suitable research design for this study, justify your choice. 
  6. Suggest the most appropriate sample design, justify your choice. 

Differentiate the use of descriptive and inferential statistics in data analysis and explain two main tools for each.

Reference no: EM132986625

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