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Chapter 2

METHODOLOGY

This chapter presents the research method used, the respondents, the

instrumentation, administration of instruments, and the procedure of

analysis.

RESEARCH DESIGN

The researcher utilized the descriptive method using qualitative and

quantitative
quantitat ive approaches in gathering information about the present condition.

Krathwohl, D. R., (2009), defined descriptive research as a purposive

process of gathering, analyzing, classifying, and tabulating data about

prevailing condition, practices, beliefs, processes,


processes, trends, and cause-effect
cause-effect

relationships and then making adequate and accurate interpretation about

such data with or without the aid of statistical methods.

 A descriptive type of research according to Best (1993), involves the

collection of data to answer questions concerning the current status of the

subjects in the study. It is designed to gather information or conditions

existing at a particular period of time. The focus of the whole process is on

the discovery of theory on comparison or contrast of the findings.


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The qualitative style is utilized to make a descriptive detail of the data

gathered. It is a purposive process of gathering, analyzing, classifying and

tabulating information about prevailing conditions, beliefs, processes, trends,

cause-effect relationships and then making adequate and accurate and

interpretations about such data with the aid of statistical method. It needs

smaller but focused samples in which data are categorized into patterns that

are used as primary basis for organizing and reporting results.

Qualitative research involves the examination, analysis and

interpretation of observations for the purpose of discovering underlying

meanings and patterns of relationships, including classifications of types of

phenomena and entities, in a manner that does not involve mathematical

models (Krathwohl, D. R., 2009).

Quantitative research gathers data in numerical form which can be

put into categories, or in rank order, or measured in units of

measurement. This type of data can be used to construct graphs and tables

of raw data. Quantitative research is a formal, objective, systematic process

in which numerical data are used to obtain information about the world.
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This research method is used: to describe variables; to examine

relationships among variables; to determine cause-and-effect interactions

between variables. (Burns & Grove, 2005)

SAMPLING TECHNIQUE

The researcher used the random sampling technique. For this

purpose, the total number of population of the NEU students from all levels

will have to be determined separately from the total number of NEU workers,

staffs and teachers. An equal percentage will be taken from each level of the

students and from the workers. To exact a more accurate result, a .05 error

of margin will be adopted.

RESPONDENTS

The principal respondent will be the NEU students, from elementary to

Junior and Senior High School, College and Graduate Students, Teachers,

Employees and Staff, full time and part time selected randomly.
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INSTRUMENTATION

In gathering the data relevant to the study, the researcher used

structured questionnaire as a survey instrument to elicit the pertinent

information from the principal respondents.

Questionnaire

The questionnaire is the most important instrument used in the study.

It is the major tool used by the researcher in gathering the significant data

from the respondents. The instrument was designed in a simple and clear

manner. The questionnaire was divided into two parts. Part I contained the

profile information on the respondents’ gender, age, monthly income,

capacity to save and consume. Part II is on viable to establish a thrift bank

for the NEU Community along deposit, interest on deposit, interest on loans

and loans rated on both on a five point scale of very important (5), important

(4), somewhat important (3), less important (2), and not important (1).

Construction

The instrument is an electronic sample of research based from the

readings cited in Chapter 2. The researcher submitted the first draft of the

questionnaire to the adviser for comments and suggestions. Then other two
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