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# Research Process

The data must consist of at least 30 or more observations of ratio or interval scale data from one of the provided data sets. This issue or problem will serve as the basis for this and subsequent Learning Team assignments.

Prepare a paper describing your selected research issue or problem. Include a definition of your selection using quantifiable measures. Finally, include the following steps of the business research process that you will follow for addressing or finding a solution to your selected issue or problem:

a. Purpose of the research
1) Describe the research problem
2) Explain why the research problem is important

b. Problem definition

c. Research hypothesis
1) Explain three possible outcomes that can result from this research
2) Define operational definitions for each variable
a) Identify the variables to be tested
b) Define the level of measurement for each variable
c) Define the measurement scale for each variable

#### Solution Preview

The response addresses the queries posted in 1259 words with references.

//In the response of this query, I would like to suggest you to prepare a research paper on an issue of your choice. I am taking 'facilities in houses' as a research question. From my discussion, you can develop an understanding of writing a research paper. For example see the text below: //

Research Problem

As per the research problem in the paper, the facilities in the houses are not in accordance with their selling prices, the customers have to pay. The selling price and the facilities should be in proportion to each other. The customer should get full satisfaction for the amount he pays. There should be a strong reason for the difference in the prices of houses. For example, the price of a bungalow is 242.1(in thousand) and it has 3 bedrooms with a size of 2300 square feet. On the other hand, there is another house at a price more than the previous one I.e. 245.4 (in thousand) but it has only 2 bedrooms and has the same area. Such a kind of distribution is not at all in proportion with the prices of the houses. This problem is important because people have to pay extra prices for fewer facilities, which leads to an unnecessary financial expenditure and fails to satisfy them for the prices they pay (Real Estate Business, 2008).

//Below is given the Purpose of Research. //

Purpose of the Research

The purpose of the research is to define the problem of imbalanced prices and the facilities provided in the houses, in the real estate business. It aims at attracting the attention of the concerned authorities towards such a disproportionate distribution of facilities and prices. Customers have to pay high prices for fewer facilities. The main intention of the research is to make the price of the houses proportionate to the facilities or comforts provided to the customers. This will ease the customers and will be good for all the people (Rowland, 1959)

//In the ...

#### Solution Summary

The response addresses the queries posted in 1140 Words, APA References.

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