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CORRELATION STUDY SCRIPT

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18 views5 pages

CORRELATION STUDY SCRIPT

ghdfgsdf

Uploaded by

Leny Joy Dupo
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 5

Slide 2: Introduction

 Definition: Correlational research investigates the relationship between two or more variables.

 Purpose: Helps understand how variables interact in fields like auditing and finance, guiding
decision-making.

Slide 3: Meaning

 Correlational Research: A non-experimental approach to assess associations between variables.

 Correlation: Indicates how two variables change together.

 Correlation Coefficient: A value (ranging from -1 to 1) quantifying the strength and


direction of the relationship.

Slide 4: Conceptual Bases

 Types of Correlation:

 Positive Correlation: Both variables move in the same direction.

 Negative Correlation: One variable increases while the other decreases.

 Zero Correlation: No relationship exists.

 Statistical Tools: Commonly used tools include Pearson’s r and Spearman’s rho.

Slide 5: Use and Purpose

 Identifying Relationships: Understand connections between financial metrics (e.g., marketing


spend and revenue).

 Informed Decisions: Guide strategic planning and policy adjustments based on relationships
found.

 Performance Analysis: Enhance auditing processes by recognizing influencing factors.

Slide 6: Requisites

 Clear Definitions: Clearly define and operationalize all variables.

 Measurement Tools: Use reliable and valid instruments for data collection.

 Sample Size: Ensure an adequate sample size for statistical validity.

Slide 7: Mechanics of Application to Language Education Research

 Steps:

1. Define research questions related to finance and auditing.

2. Collect data via surveys, interviews, or financial documents.

3. Analyze data using statistical software to compute correlation coefficients.


Slide 8: Limitations

 Causation vs. Correlation: Correlational studies do not prove causation.

 Confounding Variables: Other factors may influence observed relationships.

 Sample Bias: Results may not generalize beyond the studied sample.

Slide 9: Illustrations and Examples Related to Auditing/Accounting/Finance

 Example 1: Investigate the correlation between audit quality and client satisfaction.

 Example 2: Analyze the relationship between financial literacy and investment choices.

Slide 10: Example 1: Detailed Analysis

 Study Design: Conduct surveys with clients and auditors.

 Data Collection: Evaluate audit quality and gather client satisfaction feedback.

 Findings: A positive correlation suggests higher audit quality enhances client satisfaction.

Slide 11: Example 2: Detailed Analysis

 Study Design: Assess financial literacy levels among investors.

 Data Collection: Use tests to measure literacy and track investment success.

 Findings: Strong correlation between higher financial literacy and better investment outcomes.

Slide 12: Conclusion

 Insights: Correlational research reveals important relationships in auditing and finance.

 Guidance: Findings can shape practices and educational programs.

 Future Research: Explore causal links to improve predictive capabilities.

Slide 13: References

 Include: A list of academic articles, books, and credible sources that support your research.

Slide 14: Acknowledgments

 Thank You: Acknowledge any individuals or organizations that assisted in your research or
presentation.

Slide 15: Q&A

 Engagement: Invite questions and discussions from the audience for clarification and deeper
understanding.

Slide 16: Additional Resources

 Further Reading: Suggest resources and literature for those interested in expanding their
knowledge of correlational research in finance and auditing.
Slide 2: Introduction

 Correlational research explores relationships between two or more variables.

 Essential for understanding interactions in auditing and finance.

 Aims to improve decision-making and performance evaluation.

Slide 3: Meaning

 Correlational Research: A non-experimental study measuring the degree of association between


variables.

 Key Terms:

 Correlation: A statistical relationship showing how two variables change together.

 Correlation Coefficient: A numerical value indicating the strength and direction of the
relationship.

Slide 4: Conceptual Bases

 Types of Correlation:

 Positive Correlation: Variables increase or decrease together.

 Negative Correlation: One variable increases as the other decreases.

 Zero Correlation: No relationship exists between the variables.

 Statistical Tools: Pearson’s r, Spearman’s rho for analysis.

Slide 5: Use and Purpose

 Identify relationships between financial performance indicators (e.g., revenue growth vs.
marketing spending).

 Inform strategic decisions and policy changes.

 Enhance understanding of factors impacting auditing outcomes.

Slide 6: Requisites

 Clear definition and operationalization of variables.

 Reliable and valid measurement tools for data collection.

 Adequate sample size to ensure statistical power and significance.

Slide 7: Mechanics of Application to Language Education Research

 Application Steps:

1. Define specific research questions related to auditing and finance.

2. Collect data through surveys, interviews, or financial records.


3. Analyze data using statistical software to calculate correlation coefficients.

Slide 8: Limitations

 Correlation does not imply causation; observed relationships may be coincidental.

 Presence of confounding variables can affect results.

 Sample bias may limit the findings' generalizability.

Slide 9: Illustrations and Examples Related to Auditing/Accounting/Finance

 Example 1: Correlation between audit quality and client satisfaction.

 Example 2: Relationship between financial literacy and investment decisions.

Slide 10: Example 1: Detailed Analysis

 Study Design: Survey conducted with clients and auditors.

 Data Collection Methods: Assess audit quality through evaluations and client feedback.

 Findings: Positive correlation indicates higher audit quality leads to greater client satisfaction.

Slide 11: Example 2: Detailed Analysis

 Study Design: Examination of financial literacy levels among investors.

 Data Collection Methods: Use financial literacy assessments and track investment performance.

 Findings: A strong correlation found between high financial literacy and successful investment
outcomes.

Slide 12: Conclusion

 Correlational research provides valuable insights into relationships in auditing, accounting, and
finance.

 Findings can guide practices, policies, and educational programs.

 Future research should explore causal relationships and enhance predictive models.

Correlational research is used to:

1. Identify Relationships: It helps determine whether and how strongly variables are connected
(e.g., income and education level).

2. Predict Outcomes: By finding correlations, researchers can make predictions (e.g., SAT scores
predicting college success).

3. Guide Experimental Research: Correlations suggest areas for further experimental testing to
explore causation.

4. Study Naturally Occurring Variables: It’s useful when variables cannot be ethically or practically
manipulated (e.g., studying the link between smoking and lung disease).
5. Analyze Large Data Sets: Correlational methods are often applied in social sciences, health
studies, and market research for pattern recognition within big data.

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