Experimental Research Essay Example | Topics and Well Written Essays - 500 words - 1

Experimental Research - Essay Example On the other hand, the prevailing data just prior to the initiation of price promotion will also be gathered. This is to ensure finding the potential impact of price promotion on the number or average number of tissues sold each week for the two-month-period experiment. In other words, there must be a comparison of data, because this is one of the ways in order to know if there is an existing relationship between the price promotion and the number of items sold for tissue. The 50 cents off-coupon should be denoted â€Å"1†. The buy-one-get-one-free promotion should be denoted â€Å"2†. And finally, the no promotion or regular price offering should be denoted as â€Å"3†. In this way, the actual data should look like what is presented in Table 1. The point of denoting the price promotion into numerical values is to be able to use a quantitative method of analysis that will determine the relationship or the cause and effect of price promotion and the number of items of tissue that will be sold. If there is an existing relationship this means that there should be either a higher positive or negative correlation between the chosen variables, the price promotion and the number of quantity sold for tissue product as shown in Figure 1. After conducting a correlation analysis, the regression analysis will also be conducted in order to determine the actual model showcasing the actual relationship between the chosen variables. In other words, the experiment will not only test the relationship of the variables, but their actual associations. This is one way of knowing or representing the cause and effect relationship of the dependent and independent variables of the