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Business Research Methods William G. Zikmund Chapter 13: Measurement
23

BUS 301-CH-13

Mar 12, 2023

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Page 1: BUS 301-CH-13

Business Research Methods

William G. Zikmund

Chapter 13: Measurement

Page 2: BUS 301-CH-13

Concept

A generalized idea about a class of objects,

attributes, occurrences, or processes

Page 3: BUS 301-CH-13

Operational Definition

Specifies what the researcher must do to

measure the concept under investigation

Page 4: BUS 301-CH-13

Media Skepticismconceptual definition

• Media skepticism - the degree to which individuals are skeptical toward the reality presented in the mass media. Media skepticism varies across individuals, from those who are mildly skeptical and accept most of what they see and hear in the media to those who completely discount and disbelieve the facts, values, and portrayal of reality in the media.

Page 5: BUS 301-CH-13

Media SkepticismOperational Definition

Please tell me how true each statement is about the media. Is it very true, not very true, or not at all true?

• 1. The program was not very accurate in its portrayal of the problem.

• 2. Most of the story was staged for entertainment purposes.

• 3. The presentation was slanted and unfair.

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Scale• Series of items arranged according to value for the purpose of quantification

• A continuous spectrum

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Nominal Scale

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Ordinal Scale

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Interval Scale

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Ratio Scale

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Scale Properties• Uniquely classifies• Preserves order• Equal intervals• Natural zero

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Nominal Scale Properties

• Uniquely classifies– Sammy Sosa # 21– Barry Bonds # 25

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Ordinal Scale Properties

• Uniquely classifies• Preserves order• Win, place, & show

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Interval Scale Properties

• Uniquely classifies• Preserves order• Equal intervals

– Consumer Price Index (Base 100)– Fahrenheit temperature

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Ratio Scale Properties

• Uniquely classifies• Preserves order• Equal intervals

– Natural zero– Weight and distance

Page 16: BUS 301-CH-13

Index Measures• ATTRIBUTES A single characteristic or fundamental feature that pertains to an object, person, or issue

• COMPOSITE MEASURE A composite measure of several variables to measure a single concept; a multi-item instrument

Page 17: BUS 301-CH-13

The Goal of Measurement

Validity

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Validity

The ability of a scale to measure what was intended

to be measured

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Reliability

The degree to which measures are free from

random error and therefore yield

consistent results

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Old Rifle New Rifle New Rifle Sun

glare Low ReliabilityHigh ReliabilityReliable but Not Valid (Target A) (Target B) (Target C)

Reliability and Validity on Target

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Validity

F A C E O R C O N T E N T

C O N C U R R E N T P R E D IC T IV E

C R IT E R IO N V A L ID IT Y C O N S T R U C T V A L ID IT Y

V a lid ity

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Reliability

T E S T R E T E S T

S T A B IL IT Y

E Q U IV A L E N T F O R M S S P L IT T IN G H A L V E S

IN T E R N A L C O N S IS T E N C Y

R E L IA B IL IT Y

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Sensitivity• A measurement instrument’s ability to accurately measure variability in stimuli or responses.