Quantitative & Qualitative
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| Assignment of # or symbols (renaming, categorical) for purpose of designating subclasses that represent unique characteristics. Weakness level of measurement, meaningless to find mean, standard deviations, etc. | show 🗑
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| show | Ordinal
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| show | Interval Scale
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| Assignment of # for purpose of identifying ordered relations of some characteristic, order having arbitrarily assigned & equal interval and absolute zero point. Meets math assumptions to perform arithmetic operations. | show 🗑
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| show | Qualitative
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| show | Quantitative
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| Takes on finite number of values. Generally whole numbers. | show 🗑
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| show | Continuous variable
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| fixed value throughout time (ie. male or female) | show 🗑
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| show | Frequency Distribution
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| Most frequent score in distribution. Can have more hatn one mode - b i-modal. | show 🗑
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| sum of scores in distribution divided by number of scores. | show 🗑
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| Midpoint or midscore in distribution 50% of observations fall above, 50% below. Can be calculated for ordinal, interval or ratio data. | show 🗑
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| show | Normal Distribution
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| show | Skewed right
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| show | Skewed left
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| show | Range
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| Measure of how spread out a distribution is. Computed as average squared deviation of each number from its mean. | show 🗑
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| show | Hypothesis Testing
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| Reverse of what experimenter actually believes;put forward to allow data to contradict it. | show 🗑
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| Statement expressing relationships between phenomena. Acceptance or non-acceptance upon logical analysis of data using scientific method. 1st describe prediction (trying to prove)- 2nd describe possible outcomes. | show 🗑
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| Test statistic provides a measure of the amount of difference between the two frequency distributions. | show 🗑
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| show | Fiscal Impact Analysis
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| show | Cost Benefit Analysis
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| The location quotient (LQ) is an index for comparing an area's share of a particular activity with the area's share of some basic or aggregate phenomenon. | show 🗑
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| show | shift-share analysis
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| Decomposes employment growth (or decline) in a region over a given time period into three components: (1) a national growth effect, (2) an industry mix effect, (3) a competitive effect. Sum of these three effects equals the actual change in total employme | show 🗑
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| examines historical trends in the regional economy, including recent changes in employment and business establishments, civilian labor force and unemployment rates, wages, labor force skill levels, and other related data. | show 🗑
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| show | Input-Output Economic Analysis
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| show | Net Present Value
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| Frequency distribution of one variable when another is held fixed at each of the several levels. | show 🗑
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| show | T-test
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| Most comprehensive approach to project eval. Shows anticipated attainment of projects goal and assignment of accomplishing goal to a group. | show 🗑
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| show | Cost Effectiveness Analysis (CEA)
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| Compares community gains from project to what community must forego in order to achieve. Project with higher ratio that 1 provides more benefits than costs. | show 🗑
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| show | Cost Revenue Anslysis (CRA)
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| show | PERT -Program evaluation and review technique
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| show | Critical Path Programming
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| Determines whether project will generate sufficient revenues to defray public service costs. | show 🗑
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| show | Basic Industries
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| show | Non-basic Industries
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| show | Export Ratio
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| Technique to monitor real pattern of money flows. Increase in production in one industry results in increases in other industries. Shows relationships among sectors of an economy. | show 🗑
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| show | Retail Gravitational Law (by W.J. Reilly)
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Created by:
Sandy1101