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This essay sheds light on the different types of research studies that researchers can conduct, reveals the best type of research study to conduct, demystifies the benefits of conducting research studies, and delineates the challenges of conducting research studies. There are an exorbitant amount of disparate types of research studies that a researcher is at liberty to conduct. Conducting a research study can require a substantial amount of hard work on the researcher's end. Conducting a research study can also be a highly time-consuming pursuit on the researcher's end. The amount of financial resources that are expended to conduct a research study can vary from research study to research study. Conducting a research study can yield high costs primarily because prospective participants are reticent about partaking in a research study unless they will be duly remunerated for participating in a research study. Offering prospective participants sizeable compensation for partaking in a research study entices people to partake in a research study. Partaking in research studies can present brobdingnagian inconveniences for participants, especially in contexts in which participants are expected to drive to distant research facilities in order to partake in research studies over a prolonged period of time. There are a myriad of disparate types of research studies that can be conducted in order to uncover new research findings that can further expand the vast libraries of scholarly literature if these new research findings are reported in the articles of the vast libraries of scholarly literature. Research studies should aim to not only address the overarching research questions, but should also aim to provide insightful contributions to the vast libraries of scholarly literature. Research studies, for instance, that provide qualitative insights and quantitative insights appertaining to a phenomenon are able to enrich the understanding of a phenomenon among readers.