Measurement Flashcards
What are the ordinary concerns of measurement in business?
- Ensuring the units/individuals work on their Key Result Areas (KRA), where performance is measured using Key Performance Indicators (KPI)
- Securing that members possess and develop behaviours and competencies, or knowledge, skills, abilities and other characteristics (KSAOs)
What is measurement?
Measurement in the process of assigning numbers to objects in such a way that specific properties of objects are faithfully represented by the properties of numbers
What is operationalisation?
- The process of defining concepts into measurable factors
- The definition of a concept will affect the way we measure it
What are the different types of scales?
- Nominal Scale
- Ordinal Scale
- Interval
- Ratio
What are nominal scales?
- Categorical with no inherent order
- Assigns a value to an object for identification or classification purposes only
- Arbitrary scaling - each value can be assigned to any of the categories - size of the number tells nothing about the objects being measured
- Analysis involved counting and determining modal distribution
What are ordinal scales?
- Categorical with an inherent order/ranking
- Allows things to be arranged in order based on how much of some concept they possess
- Does not tell how close or far apart the objects are from each other
- Analysis can involve counting, measures of central tendency (mode, median and range)
What are interval scales?
- Indicates difference in values between points with no 0 point, therefore cannot say anything is double anything else etc
- Have both nominal and ordinal properties, but they also capture information about differcens in quantities of a concept
- Unit of measurement is arbitrary - scale does not exactly represent some phenomenon. Zero does not mean absence of the characteristic
- Temperature in F - 40 isn’t ‘double’ as hot as 20
What are ratio scales?
- Interval with an absolute zero
- Has all the properties of interval scale with an additional attribute of representing absolute quantities. Zero represents an absence of a concept
- Represent absolute meaning
- Analysed through counting, central tendency, variance and dispersion
What types of measures are there?
- Discrete measures
- Continuous measures
- Index measures
- Composite measures
What are discrete measures?
- Those that only take one of a finite number of values
- Most often used to represent a classification variable
- Nominal or ordinal measures
- Only statistical measure possible is the mode
- e.g. marital status, gender, ethnicity
What are continuous measures?
- those that reflect the intensity of a concept by assigning values that can take on any value along some scale range
- Mean and dispersion can be measured
- i.e ratio measures
- e.g. income, age
What are index measures?
- An index assigns a value based on how much of the concept being measured is associated with an observation
- Often are formed by putting several variables together
What are composite measures?
- Assign a value to an observation based on a mathematical derivation of multiple variables
- Summated scales
What are summated scales?
- Composite measures
- Reverse coding - deducting a variables instead of summing it where appropriate
What are the measures of the quality of measures?
- Reliability
- Validity
- Sensitivity