News

Home News

Are the Online Survey Respondents Excluded by TrueSample “Bad” or Just Different?

0

The primary question asked of us at conferences or at other forums is “Are TrueSample-excluded survey respondents really “bad” respondents, or are they just different?”

TrueSample excludes online survey respondents that are “not real”, “not unique” and “not engaged”. The first and second have to do with the respondents being verifiable and not being duplicates. The third has to do with their performance in surveys – do they speed through the survey relative to other respondents, or do they straightline their responses? In all three situations, the online survey respondents are different from others in characteristics that are separate from their survey responses. In other words, they are outliers, but they are classified as such not because of how they answer the survey questions, but because of other characteristics that they exhibit.

Therefore, the obvious question that we are asked is why we would assume their data is not of high quality and therefore discard what could potentially be valuable information.

To answer that question, we need to consider the underlying problem: we start with the belief that there are, in fact, respondents who are intent on gaming the system and therefore provide less-than-truthful responses, thereby compromising online research data quality.

Starting with that assumption, the next step is how to identify them. We are definitely in unsupervised modeling land here. There are no tags that we can train a supervised model with, telling us what a “bad” respondent is. Supervised modeling is out of the question for this type of quality control – there is no cost effective way to identify a set of “bad” online survey respondents for model training.

So we do what we feel is the next best thing: we identify a set of undesirable characteristics, such as not providing verifiable information, like name/address (considering that is the only survey-agnostic information asked on a survey that we can verify) or speeding/straight-lining through an interview.

We feel strongly that online survey respondents that exhibit these undesirable characteristics are more likely to give data of poorer quality. And since our research (see the white paper on “What Impact do Bad Respondents Have on Business Results”) consistently shows that they provide data that is biased compared to the data provided by the individuals that do not exhibit these characteristics, we feel that the decision to exclude online survey respondents is the correct one.

There is a very valid argument made that the percentage of respondents that we call “bad” is more than small in some cases and in certain demographics. We agree that there are “good” respondents in the discarded pile that may have been excluded, for example, because their names and addresses are not verifiable for legitimate reasons, or because they think and move so quickly that they are in fastest few percentiles across a surveys and have been identified as “speeders”.

But do these people make up the majority of excluded respondents? If so, wouldn’t the data of the excluded people be closer to the data of the “good” ones? Is there something about these legitimately unverifiable people that causes their data to be in the same cluster as the gamers? We do realize that we are likely removing some respondents that are good – i.e. we are committing Type I errors. Having recognized this likelihood we are, in fact, continuing to conduct research to reduce these errors.

The questions that are asked of us are valid. If you truly believe that all online survey respondents are above-board, then in your view, such quality control measures are unnecessary. However, if you believe that there is a percentage of respondents that game the system and that provide questionable data, then we at TrueSample believe that we have a defensible quality control methodology. We also recognize that there is always room to improve a method and reduce errors. To this end, we are continuing to conduct research in this area and will continue to share our findings as we learn more.

Browser-based apps to make your life easier

0

I hate it when I have to log in to Facebook, Twitter, YouTube, and LinkedIn to check on the status of those sites. By the end of it and including email, I might have 8-10 tabs open–on a slow day. Logging into all of these sites is time-consuming and takes an application all its own.

Yonoo is a tool that’s available that can help you consolidate your social media into one browser-based view. Set up was easy. You can establish a free account and then you select the social media that you want to include in your Yoono view. As you select each site, a window opens where you log in to the social media site and that’s it.

You have to install the Yoono plug-in for your Firefox or Chrome browser. I use Safari, FireFox and Chrome constantly so I loaded the plug-in for Firefox and Chrome. There’s also a client version that you can download but lately I’ve been using browser-based applications more and more.

Once you have the plug-in installed and the social media hooked into it, Yoono runs as a sidebar that you can easily minimize as needed. I’ve only just started playing with it but my initial opinion is that this is a pretty handy application. Price: FREE-99.

The next browser-based application that I think is a must-have is HootSuite. HootSuite is a great way to update your social media in one consolidated application. If you have multiple Twitter accounts or blogs or even LinkedIn, you can submit updates using HootSuite There are many cool functions that HootSuite has but one of that I like best is the ability to schedule the posting of my Tweets. I can work on my Tweets for tomorrow right now and I can line up however many tweets I want so I can dominate a Tweet Stream. I always Tweet and retweet through HootSuite. I tweet excerpts from each of my blog posts and sometime retweet others’ tweets. Price: FREE-99.

If you’re a Mac user and even if you’re not, you might want to look into Microsoft’s browser based versions of Word, PowerPoint and Excel. These are stripped down versions of the client apps but they work pretty well, they’re browser based so you don’t have to bastardize your Mac with Windows software, and it’s FREE-99–always the best price. You have to have a Live.com account. I’ve written on this before. You can check it out by clicking here. Price: FREE-99

Another really cool app that I use all of the time is iCyte. ICyte lets you capture webpages and save, categorize and reference whenever you want. This has been great for me because I still like to keep lots of tabs open so that I don’t loose a page that I’m interested in. Now, I can just save the page to iCyte and come back to it whenever I want. What’s key is that it saves the page as it was when you saved it so if the site owner takes the page down, you can still get back to it. ICyte also has a feature where you can go to the live version of the page. Price: FREE-99.

Buy gold ‘right here and now’

0

 “When I think about what would I buy in the right here and now, I would be buying gold, prices would appreciate over three to six months,” told Bloomberg from the expert of financial – Wayne Gordon

Wayne Gordon is the executive director for commodities and foreign exchange at UBS Group AG’s wealth-management unit.

Bullion is set for back-to-back weekly losses for the first time since September after the dollar hit a record. Because of deep losses in risk assets, some investors have been forced to sell gold to raise cash.

According to Bloomberg, a similar pattern loss at times of extreme market stress was seen in bullion at the onset of the global financial crisis in late 2008, before it went on to peak in 2011.

“Gold provided what it should during times of crisis. It is a form of insurance to cash in when liquidity was required. It’s one of the first assets to be cashed in when leverage is reduced. Long-term investors not subject to margin pressures will be rewarded owning gold at this time” he said.

Gold traded 1.6% higher at $1.484,86 an ounce at 6:32 a.m. in London as the Dollar Spot Index fell after an eight-day rally. The bullion is down 2.3% this week after an 8.6% fall last week, the most since 1983. Earlier this month, it topped $1,700 an ounce to hit the highest level since 2012

“Given additional quantitative easing from central banks, you should see a weaker dollar over the next 12 months, it will be a potent power for gold,” he said, adding.

 

This is the new chairman of Foxconn

0
FILE PHOTO: The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company's building in Taipei, Taiwan March 30, 2018. REUTERS/Tyrone Siu/File Photo

Liu Young-way, head of the semiconductor division at Foxconn will replace Terry Gou as chairman of the group.

FILE PHOTO: The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company’s building in Taipei, Taiwan March 30, 2018. REUTERS/Tyrone Siu/File Photo

The SCMP site reported that since July, Mr. Liu Young-way – born in 1956, once head of the semiconductor division – will replace Terry Gou’s position as the chairman of the electronics assembly group, Foxconn.

With this change, many analysts predict that in addition to electronics outsourcing business, Foxconn will expand its investment in many new directions in the future such as AI, robotics or self-operated vehicles.

“Liu has worked at Foxconn for many years. He is a leading expert in Taiwan’s electronics industry,” Gou said in Foxconn’s annual meeting.

Before working at Foxconn as Gou’s special assistant in 2007, Liu founded a chip design company and a printed circuit board factory and ran a subsidiary of United Microelectronics, Taiwan’s second largest chip manufacturer. He also holds a degree in physics from the National University of Transportation and an electrical engineering degree from the University of Southern California.

In 2016, he became a member of Sharp’s board after the Japanese electronics giant was bought by Foxconn. In 2017, Liu was appointed head of the semiconductor department.

According to SCMP, this is a relatively difficult time for Liu because the US-China tension is increasing. In addition to finding more customers in new areas to offset the slowdown in the smartphone industry, Foxconn must also support large customers like Apple, avoiding being affected by trade stress.

Currently, Liu and a group of 9 members will run the company. Gou is still Foxconn’s largest shareholder with a 10% stake and holds an important position in the board. Liu said he will continue to discuss business with Gou once a week.

THE DOW JONES REBOUNDS MORE THAN 1,000 POINTS AS TRUMP SEEKS $1 TRILLION IN STIMULUS FOR COVID-19 FIGHT

0

 US Stocks surged Tuesday (March 17) — rebounding from their worst day in more than three decades — as Wall Street cheered White House plans that could inject $1 trillion into the U.S. economy to cushion the blow of the coronavirus, CNBC reported.

Ending the session on Tuesday, the Dow Jones soared 1,048.79 points (equivalent to 5.2%) to 21,237.31 points, briefly dipped below  the 20,000 for the first time since February 2017 before rebounding. The S&P 500 was up 6% at 2,529.19 while  Nasdaq Composite gained 6.2% at 7,334.78.

The Trump administration is weighing a fiscal stimulus package of more than $1 trillion that includes direct payments to Americans, according to a source familiar with the matter. Earlier, Treasury Secretary Steven Mnuchin told reporters the government is considering directly sending checks to Americans in the next two weeks. “Americans need cash now,” he said.

Mnuchin added corporations will be able to defer tax payments of up to $10 million while individuals could defer up to $1 million in payments to the Internal Revenue Service. Mnuchin also said President Donald Trump authorized the deferral of $300 billion in IRS payments.

Treasury yields jumped, with the 10-year U.S. rate breaking back above 1% on news of the big stimulus plan. Yields move inversely to prices. The iShares 20+Year Treasury Bond ETF (TLT) dropped more than 6% as investors fled bonds for stocks.

The Federal Reserve announced measures to help companies struggling to get short-term funding amid the outbreak. The market has been hampered by a lack of demand for paper issued, and Wall Street has been looking for central bank intervention along the lines of what happened during the financial crisis.

Amazon shares jumped 7% after an analyst at Bank of America noted the e-commerce giant will benefit from the global “in-home shift” due to the coronavirus. Netflix climbed 7% as well while Apple closed 4.3% higher.

Biotech giant Regeneron, meanwhile, said Tuesday morning that it’s aiming to have doses of a potential drug for COVID-19 ready to start human clinical trials by early summer. The announcement, which represents a marked acceleration in the company’s drug timeline, sparked a 11.5% rally in the company’s equity.

More than 5,700 cases have been confirmed in the U.S. along with more than 90 deaths, according to data from Johns Hopkins University. President Donald Trump also said the crisis could stretch into August, adding the administration may look at locking down “certain areas.”

The Cboe Volatility Index (VIX) — Wall Street’s preferred fear gauge — posted its highest-ever close at 82.69. That tops the financial crisis’ peak of 80.74. On Tuesday, the VIX traded down 9.2 points at 73.2.

 

All Informative Rules are waiting for You

0

For both small & big business establishment & well growth capital is primary necessity& with those capitals your business deal with new proposal, can start any new company, buy any new property. For this purpose stocks trading will use to increase capitals at any business sector. In other words Stock characterized share proprietorship in any company by investor &interaction of investor’s fund for share to get right to participate in company decisions as shareholder; with additional shareholder gets chance to vote for each share owned & they can also take participates at company’s profit.On the performance of company share value will go up & down, it means share value can’t stay stable condition.If your company’s finance statement is healthy, then company share will go up but if financial statement is poor, then your share will go down.

Every person can participate to investment at stocks trading operation but only with proper knowledge & planning it will possible to get positive result from this operation. And for it no need to prepare lots of things, just make perfect plan & get simple knowledge then you will be definitely good trader at trading market. It is profitable for every body but just need to keep patience & always need to update your trading strategies.At trading market there are two types of investors are present; one is long term & short term investor.

At long term investment option there is not any risk, it means you are safe at trading market. At this investment also no need to deliberate money use at emergency case& here any company has sure growthbut of course it will take time. Even at any sick company it will raise possibility for healthy growth if that company has long term investment at trading market.

But at short term investment it will sure to get risky at trading market, so before investment must remember that you are going for money investment & it is not a game, so you can’t take it carelessly. Before entering at trading market you should keep 50% of amount in your pocket otherwise you will get complete lose if market will go down. Then at market if you get profit at first investment, then you buy more shares with that profit amount & suddenly stock market fell down, then don’t lose your patience. It will be better for you to keep patience & also wait till market not coming at stable condition. It is the basic rule of trading market. When you are going for investment at any company, at that time your most important job is having proper information about that company on which you want to invest. Otherwise it will be so risky matter at market so as you can just try to collect more & more information about that company. Another matter is IPO where you can come back at market & invest again if you will feel comfortable & well; also it you can invest only one established share stocks, for which you can’t face any lose at trading market.

It is true that stocks trading is so easy to understand & so profitable operation for everybody but if you haven’t proper knowledge about it, then enter at trading market will be so risky for you. So you must visit at that site where you can get complete information about trading market & its rule. And this work only http://www.timothysykes.com/ is best choice for you; because here given information will so valuable when you will stand at trading market. If you want to be good trader then you must follow quality & informative site, then your dream will come true. And for giving shape to your dream this site is projected, so just keep trust on this site.