for Business www.wiley.com/college/sekaran Measurement • Measurement: the assignment of numbers or other symbols to characteristics (or attributes) of objects according to a pre-specified set of rules.
for Business www.wiley.com/college/sekaran (Characteristics of) Objects • Objects include persons, strategic business units, companies, countries, kitchen appliances, restaurants, shampoo, yogurt and so on. • Examples of characteristics of objects are arousal seeking tendency, achievement motivation, organizational effectiveness, shopping enjoyment, length, weight, ethnic diversity, service quality, conditioning effects and taste.
for Business www.wiley.com/college/sekaran Types of Variables • Two types of variables: – One lends itself to objective and precise measurement; – The other is more nebulous and does not lend itself to accurate measurement because of its abstract and subjective nature.
for Business www.wiley.com/college/sekaran Operationalizing Concepts • Operationalizing concepts: reduction of abstract concepts to render them measurable in a tangible way. • Operationalizing is done by looking at the behavioral dimensions, facets, or properties denoted by the concept.
8 for Business www.wiley.com/college/sekaran Types of Scales • Interval scale: allows us to perform certain arithmetical operations on the data collected from the respondents. • Ratio scale: not only measures the magnitude of the differences between points on the scale but also taps the proportions in the differences.
11 for Business www.wiley.com/college/sekaran Goodness of Measures Item Analysis: • Reliability: is a test of how consistently a measuring instrument measures whatever concept it is measuring. • Validity: is a test of how well an instrument that is developed measures the particular concept it is intended to measure
14 for Business www.wiley.com/college/sekaran Rating Scales • Numerical scale: is similar to the semantic differential scale, with the difference that numbers on a five-point or seven-point scale are provided. • Itemized rating scale: