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Indexes and scales should provide an ordinal ranking of cases on a given variable, though scales are usually more efficient at this. [3] [4] While indexes are based on a simple aggregation of indicators of a variable, scales are more advanced, and their calculations may be more complex, using for example scaling procedures such as semantic ...
Indexes are similar to scales except multiple indicators of a variable are combined into a single measure. The index of consumer confidence, for example, is a combination of several measures of consumer attitudes. A typology is similar to an index except the variable is measured at the nominal level.
In statistics and research design, an index is a composite statistic – a measure of changes in a representative group of individual data points, or in other words, a compound measure that aggregates multiple indicators. [1] [2] Indices – also known as indexes and composite indicators – summarize and rank specific observations. [2]
Level of measurement or scale of measure is a classification that describes the nature of information within the values assigned to variables. [1] Psychologist Stanley Smith Stevens developed the best-known classification with four levels, or scales, of measurement: nominal, ordinal, interval, and ratio.
It generates a Full Scale IQ (formerly known as an intelligence quotient or IQ score) that represents a child's general intellectual ability. It also provides five primary index scores, namely Verbal Comprehension Index, Visual Spatial Index, Fluid Reasoning Index, Working Memory Index, and Processing Speed Index.
An index number is an economic data figure reflecting price or quantity compared with a standard or base value. [5] [6] The base usually equals 100 and the index number is usually expressed as 100 times the ratio to the base value. For example, if a commodity costs
The scale of analysis encompasses both the analytical choice of how to observe a given system or object of study, and the role of the observer in determining the identity of the system. [2] [3] This analytical tool is central to multi-scale analysis (see for example, MuSIASEM, land-use analysis). [4]
A rating scale is a set of categories designed to obtain information about a quantitative or a qualitative attribute. In the social sciences, particularly psychology, common examples are the Likert response scale and 0-10 rating scales, where a person selects the number that reflecting the perceived quality of a product.