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How organizations can benefit from research

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How would you define research? How do statistics relate to research? How can research help your organization save money?

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Solution Summary

This solution discusses how research can benefit agencies in determining best practices, implement cost effective programs, and use funding efficiently.

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Questions: How would you define research? How do statistics relate to research? How can research help your organization save money?

Solution:
i) Definition:
Research is a way to find answers to questions we have. It tells a mystery story with a resolution. It is a systematic process of investigation of a problem and understanding it and discovering possible solutions.

ii) Statistics is a quantitative measure of a sample in the research population. Many research studies use ...

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