9609 · 3.2.4
Market research data
**Market research data** (3.2.4) completes **Topic 3.2**. Examiners may show a **chart or table** — practise extracting conclusions and noting **limitations**.
Need to know
What you need to know
- Numerical data that can be measured and statistically analysed.
- Collected from large samples via methods like surveys and sales data analysis.
- Strengths: Objective, easy to compare and analyse for trends.
- Weakness: Lacks depth and does not explain the reasons behind behaviours.
Explanation
Market research data
- Numerical data that can be measured and statistically analysed.
- Collected from large samples via methods like surveys and sales data analysis.
- Strengths: Objective, easy to compare and analyse for trends.
- Weakness: Lacks depth and does not explain the reasons behind behaviours.