Published Paper Details:

Statistical tools used for the study include planning, designing, collecting data, analyzing, drawing meaningful interpretation and reporting of the research findings in Management. The statistical analysis of the data gives meaning for the data selected and thereby breathing life into a lifeless data. The results and inferences are precise only if proper statistical tests are used. This paper will try to focus the reader with the basic research tools that are utilized while conducting various studies. This article covers a brief outline of the variables, an understanding of quantitative and qualitative variables and descriptive statistics. Establishment of relationship and strength of relationship through regression modelling. An idea of the sampling and sample size concept to estimate the required no of samples for the study. Testing of hypothesis procedure framework and significance of statistical errors leads to decision making process with the help of parametric and non-parametric tests used for data analysis.