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Time Warner Cable must address the current issues and concerns of their customers in order to find a solution to customer dissatisfaction and service cancellations. The research will implement cluster sampling to gather data from a population of dissatisfied customers. A nationwide survey will be conducted to collect data from cable users across the country, both existing customers and non-customers. The large-scale survey will help determine the appropriate sample size and provide comprehensive information on customer preferences and needs.The large scale can be determined by using questions regarding service quality and differences from other cable providers, as well as important features consumers look for.
Economic considerations and cluster size also play a role in access to cable as a privilege. Age, economic stance, demographics, and coverage area are factors to consider. Implementing clustering techniques can save time and be more efficient. Statistical tests will be used to determine why Time Warner Cable is falling behind competitors and how customer service plays a role.
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Correlation can indicate predictive relationships that can be utilized in practice. Customer satisfaction may be affected by the inability to provide specific programming from CBS, which can have a greater impact than product performance or field services.In this example, there is a casual relationship between customer service and the inability of a customer to view their favorite programming on CBS. It is important to note that statistical dependence alone is not enough to prove this causal relationship. Correlation does not necessarily mean causation. When discussing correlation, it can refer to a variety of relationships between mean values.
Time Warner Cable must determine the best approach to gain more market share based on this information. The results of the analysis will be displayed in a Statistics Module, which also considers partial correlation. This type of analysis is helpful when examining the relationship between variables while controlling for other factors. It is important to use correlation only with data that can be quantified, as it may not be suitable for all types of data. When conducting surveys and statistical analysis on a large scale using a cluster sampling approach, a Statistics Module can be an effective tool.The significance, scope, magnitude, and feasibility of finding a solution to the issue, opportunity, or problem is crucial for Time Warner Cable. Lower ratings compared to competitors are a concerning issue that needs to be addressed promptly. Researching the root causes of the low ratings is necessary to prevent customer loss. By collecting and evaluating data, Time Warner Cable can gain insights into the issues and explore potential solutions. Conducting customer service research also presents an opportunity to better understand customer needs and complaints. Customer feedback is valuable in identifying areas for improvement and enhancing service quality. Possible challenges during the research include low participation rates and costs. This research can guide Time Warner Cable in making informed decisions that contribute to a higher customer service score. Revisiting questions from previous studies regarding service failures and customer satisfaction can shed light on the areas that need attention. Exploring reasons behind falling behind competitors and hypothesis from earlier research can provide valuable insights for addressing the current situation effectively.All companies improved or stayed the same except for Time Warner Cable, which experienced a decline in their ratings. Picture quality received the highest industry-wide rating of "85" according to "The SACS Report May 2013". Time Warner Cable attempted to identify the variables causing their lower ratings, with independent variables including customer service and product quality, and dependent variables being low customer satisfaction. According to IGATE Allays (2013), the survey focused on various factors such as picture quality, ease of using remotes and on-screen menus, signal reliability, availability of premium channels, ease of understanding bills, and call center satisfaction, which scored the lowest at 70. The poor ratings in customer service and product quality have led to Time Warner Cable's negative feedback from customers. Through effective business research, Time Warner Cable can address these issues and make informed decisions leading to improved customer satisfaction. Research design should prioritize identifying significant findings that can drive higher customer satisfaction and enhance the overall perception customers have towards Time Warner Cable.The Survey System utilizes significance levels with multiple statistics, with the p-value indicating the likelihood of something not being true. For instance, a chi square test showing probability suggests a tactical chance of different groups in a banner having different answers. Similarly, a t-test reporting probability indicates a measurable chance of two means being truly different for the entire population. Sampling, an effective instrument in this approach, can be utilized for customers satisfied and unsatisfied with Time Warner Cable, as well as for those not currently associated with it to attract potential customers. Cluster sampling method will be used to randomly select and divide elements of the population into subgroups for further analysis, including identifying and reaching out to the most unsatisfied customers.We aim to target customers who use the cable services we provide in order to identify the reasons for both satisfaction and dissatisfaction. This research will be conducted in clusters across the country to gather a national perspective on our services. To analyze the data efficiently on a national scale, cluster analysis coding will be utilized. Collection of data will start with obtaining zip codes, followed by gathering gender and year of birth to identify satisfied and unsatisfied customer segments. Understanding what factors drive customer choice, whether it be cost, product satisfaction, or specific programming, will help us pinpoint reasons for dissatisfaction. Various methods of reporting the collected data will include frequency tables, graphs, pie charts, and mapping to comprehensively interpret dimensions of customer satisfaction and dissatisfaction.This will help us identify our strengths and weaknesses in different local and regional markets. By analyzing our performance, we can replicate successful strategies and address challenges that may be impacting our results.
Addressing Customer Dissatisfaction: Time Warner Cable's Research Approach. (2020, Jun 01). Retrieved from https://studymoose.com/business-research-5-new-essay
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