Exam 4: Measurement

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Enumerate three distinctions you would make between qualitative and quantitative data. Illustrate these differences with an example.

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Credit risk of customers, classified as low, medium, and high, is an ordinal variable.

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Three random samples of height measures (in inches) of 10 students each were taken from height measures of a class of 30 students. The height measure of the 30 students were found to follow a normal distribution. The mean of each sample was calculated and the values were found to be very close to each other. What type of reliability does this test refer to?

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Measures that capture each dimension of the concept under research fall under what type of validity?

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What is a unit of observation?

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A property and casualty insurance company wanted to categorize its policyholders into five risk categories. Which of the following steps taken by the company would constitute operationalizing the concept of risk classification?

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The results of the last two annual compulsory health tests of an office were used to assess the health status of employees. What type of measurement validity does this indicate?

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Which of the following gives the correct ascending precision order of measurement levels?

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