Timeline for The difference between Index and Indicator
Current License: CC BY-SA 4.0
13 events
| when toggle format | what | by | license | comment | |
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| Mar 30, 2021 at 9:53 | comment | added | Nick Cox | I am having difficulty over what kind of answer you seek here. Subjective data -- in the sense that data record attitudes, beliefs, perceptions -- are behind much, sometimes even most, analyses in psychology, sociology, political polling, marketing research and so on. Whether it is a good idea to mush quite different things together in some overall index is a harder question. | |
| Mar 30, 2021 at 3:03 | comment | added | kjetil b halvorsen♦ | Can you please add the new information in comments as an edit to the post? We prefer Qs to be self-contained, and many do not read comments! | |
| Mar 30, 2021 at 2:58 | answer | added | Carl | timeline score: 2 | |
| Mar 29, 2021 at 7:48 | comment | added | Ronnie | I am sure there could be many ways of adding objective data to subjective data. But, conceptually, can we build an index that relies on survey results? or does it have to be hard-data all the time? | |
| Mar 29, 2021 at 7:46 | comment | added | Ronnie | @NickCox, apologies for the bad wording. I just want to make my question clear. I now know that an index aggregates many indicators, can these indicators be based on survey results? | |
| Mar 23, 2021 at 12:17 | review | Close votes | |||
| Mar 30, 2021 at 2:31 | |||||
| Mar 23, 2021 at 11:59 | comment | added | Nick Cox | Still very general. But as a weighted average, making sure that directions run the same way. Hard to say more specifically, e.g. many waste bins could mean less rubbish lying around, so that could be a positive for pollution. Much depends on what you're able to compute and/or know about already, e.g. Cronbach's alpha looks at how much indicators indicate the same or differently. Also, lumping several different things together can be a bad idea and isn't necessarily a good goal. | |
| Mar 23, 2021 at 11:14 | comment | added | Ronnie | @NickCox Thank you for your timely reply. What I meant by the second question is, can one develop an index which integrates different indicators some of which are subjective indicators? If so, how? | |
| Mar 23, 2021 at 11:02 | comment | added | Nick Cox | Your second question seems very open to me. Why not? is a vague reply. I suggest you expand on that one. | |
| Mar 23, 2021 at 11:00 | comment | added | Nick Cox | In fields I know an indicator is a single measure and an index is usually some kind of composite such as a weighted average of indicators. I don't find people being very formal about the difference, but your wording seems standard. (There is a specific sense of an indicator being a variable with values 0 and 1, which doesn't apply here.) | |
| Mar 23, 2021 at 10:58 | history | edited | Nick Cox | CC BY-SA 4.0 |
deleted 52 characters in body
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| Mar 23, 2021 at 8:11 | review | First posts | |||
| Mar 23, 2021 at 13:14 | |||||
| Mar 23, 2021 at 8:09 | history | asked | Ronnie | CC BY-SA 4.0 |