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Meaning Of Research
Research is a “careful investigation or inquiry especially through search for New Fact in any
branch of knowledge ”The project is a systematic presentation consisting of the enunciated
problem Formulated hypothesis, collected facts or data, analyzed facts and proposed Conclusion
in form of recommendation.
Primary
data
Secondary
data
Research Design
A research design is in the specification of methods and procedure for acquiring the information
needed to structure or to solve problem. It is the overall operation pattern or framework of the
project that stipulates what information is to be collected from which source, and be what
Procedures. “A research design is the arrangement of condition for collection and Analysis
of data in a manner that aims to combine relevance to the research Purpose with economy
in procedure”
Types Of Research
Descriptive Research
Descriptive Research is used for the study as it helps fact finding through the primary source,
which include questionnaires personal interview and telephonic interview. Secondary data has
been collected from internet Webpage, Magazine’s Insurance related Books, Journals
Newspaper etc.
Sampling Design
Sampling is a statistical procedure that is concerned with the selection of the individual
observation; it helps us to make statistical inference about the population.
DATA COLLECTION
The data for the survey will be conducted both primary as well as secondary Source.
1. Primary Data
Questionnaire. The primary data collection for his purpose is supposed to be done by
judgment sampling conversation sampling. Questionnaire has been formatted with both open
and close questions.
2. Secondary Data
By using through various records.
Referring different books and previous project report in college library.
The tool of analysis adopted by me is ‘PIE CHART’ which I have prepared on the basis
of our Questionnaire.