What is the purpose of exploratory research design?

The goal of exploratory research is to formulate problems, clarify con- cepts, and form hypotheses. Exploration can begin with a literature search, a focus group discussion, or case studies.

What are the features of exploratory research?

One of the most important features of exploratory research is its potential for future research. Some key characteristics are: Flexible & Versatile, no structured forms are used, no experiment, cost incurred is low, wide exploration of views, interactive & open ended.

What are the advantages of exploratory research?

Advantages of Exploratory Research Information gathered from exploratory research is very useful as it helps lay the foundation for future research. It gives researchers more insight into the problem under study. Researchers don’t have to waste time conducting irrelevant research when using an exploratory approach.

What are exploratory questions?

Questions that are designed to understand more about a topic are exploratory questions. The objective of asking an exploratory question is to learn more about a topic without attributing bias or preconceived notions to it.

How do you ask exploratory questions?

Start any question with How, What or Where. Ask questions to understand, not to sell. Remember, the goal of the question is to have a conversation, not launch a presentation. Phrase questions such that the customer knows you are trying to help, not in a manipulative way that leads them to your solution.

What is explanatory approach?

The explanatory approach is a method to make people understand something by describing or illustrating. The name itself states that it intends merely to explore the research questions and does not offer final and conclusive solutions to existing problems.

What is the difference between exploratory and explanatory analysis?

Exploratory analysis is the process of turning over 100 rocks to find perhaps 1 or 2 precious gemstones. Explanatory analysis is what happens when you have something specific you want to show an audience – probably about those 1 or 2 precious gemstones.

What is an exploratory variable?

Exploratory factor analysis is a statistical technique that is used to reduce data to a smaller set of summary variables and to explore the underlying theoretical structure of the phenomena. It is used to identify the structure of the relationship between the variable and the respondent.

What does exploratory data analysis mean?

Exploratory data analysis (EDA) is used by data scientists to analyze and investigate data sets and summarize their main characteristics, often employing data visualization methods.