In a short essay, discuss the ethical issues related to data preparation and analysis

What will be an ideal response?


Ethical issues can arise during the data preparation and analysis step, particularly in areas where the researcher has to exercise judgment. While checking, editing, coding, transcribing, and cleaning, the researcher can get some idea about the quality of the data. Sometimes it is easy to identify respondents who did not take the questionnaire seriously or who otherwise provided data of questionable quality. Consider, for example, a respondent who checks the "neither agree nor disagree" response to all the 30 items measuring attitude toward spectator sports. Decisions about whether such respondents should be discarded, that is, not included in the analysis, can raise ethical concerns. A good rule of thumb is to make such decisions during the data preparation phase before conducting any analysis. Discarding respondents after analyzing the data raises ethical concerns, particularly if this information is not fully disclosed in the written report. Moreover, the procedure used to identify unsatisfactory respondents and the number of respondents discarded should be clearly disclosed.

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______ are standards of behavior that define how people are expected to act while part of the organization.

a. Values b. Norms c. Ethics d. Beliefs

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A person's ________ are the things that have worth for or are important to the individual.

Fill in the blank(s) with the appropriate word(s).

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?Assuming other things are held constant, which of the following is true of bonds?

A. ?A bond's sensitivity to the change in price from a change in the interest rate increases as its maturity increases. B. ?For a given bond of any maturity, a given percentage point increase in the interest rate causes a larger dollar capital loss than the capital gain stemming from an identical decrease in the interest rate. C. ?For any given maturity, a given percentage point decrease in the interest rate causes a smaller dollar capital loss than the capital gain stemming from an identical decrease in the interest rate. D. ?In the year of purchase of bonds, an investor gets a deduction for the difference in the market value of bonds purchased at a premium and the face value of the bonds. E. ?A 20-year bond has more interest rate reinvestment risk than a 2-year bond.

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Robert uses the Internet to defraud Prairie Valley Credit Union. He is found guilty of wire fraud. He can be punished by

a. imprisonment for not more than one year. b. imprisonment for up to thirty years and fines of up to $1 million. c. fines for not more than $50,000. d. death.

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