Chapter 7 Vocab Flashcards

1
Q

Measurement

A

Is the process of assigning intensity to the information about constructs, concepts, and objects.

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2
Q

What is a construct?

A

An abstract idea or concept formed in a person’s mind.

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3
Q

What are Characteristics?

A

The variables that collectively define the concept and make it possible to measure it.

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4
Q

Brand Equity

A

The value a customer places on a named branded vs. the same product with a nonexistent brand.

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5
Q

5 Components of Brand Equity

A
  1. Performance
  2. Social Image
  3. Value
  4. Trustworthiness
  5. Attachment
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6
Q

Scale Measurement

A

Assigns a set of scale descriptors to represent range of possible responses about the object or construct.

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7
Q

What are the four basic scale levels?

A
  1. Nominal
  2. Ordinal
  3. Interval
  4. Ratio
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8
Q

What are the properties of scale measurements?

A
  1. Assignment
  2. Order
  3. Distance
  4. Origin
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9
Q

Nominal Scales

A

Focus on only requiring a respondent to provide some type of descriptor as the raw response.

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10
Q

Ordinal Scales

A

Allow the respondent to express “relative magnitude” between the raw responses to a question.

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11
Q

Interval Scales

A

Demonstrate the absolute differences between each scale point.

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12
Q

Ratio Scales

A

Allow for the identification of absolute differences between each scale point, and absolute comparisons between raw responses.

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13
Q

Scale Reliability

A

Extent to which a scale can reproduce the same or similar measure result in repeated trials.

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14
Q

4 Steps in designing high-quality scales

A
  1. Understand the research problem
  2. Establish detailed data requirements
  3. Identifying and developing constructs
  4. Selecting the appropriate measurement of scale
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15
Q

Central Tendencies

A

Mode, Mean, Median

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16
Q

Dispersion

A

Frequency Distribution, Range, and Standard Deviations

17
Q

Frequency Distribution

A

How many times in total each response was given.

18
Q

Range

A

Group responses into subgroups with lower and upper boundaries.

19
Q

Standard Deviations

A

Degree of variation in data, allows translation into normal curve.

20
Q

What are the 7 steps in the scale/construct development process?

A
  1. Identify + define construct
  2. Create initial pool of attribute statements
  3. Assess and select reduced set of items
  4. Design scales + pretest
  5. Complete statistical analysis
  6. Refine and purify scales
  7. Complete final scale evaluation
21
Q

Likert Scale

A

A scale format that asks respondents to indicate the extent to which they agree or disagree with a series of mental or behavioral statements about a given object

22
Q

Semantic Differential Scale

A

A unique bipolar (good/bad/like/dislike) scale format that captures a person’s attitudes and feelings about a given object.

23
Q

Behavioral Intention Scale

A

A special time of rating scale designed to capture the likelihood that people will demonstrate some type of predictable behavior intent toward purchasing an object or service in a future time frame.

24
Q

Scale Measurement Issues

A
  1. Single or Multiple Item Scales
  2. Clear Wording
  3. Screening Questions
  4. Skip Questions