Application of the Likert and Osgood Scales to Quantify the Qualitative Features of Real Estate Properties

Autor: Foryś Iwona, Gaca Radosław
Jazyk: angličtina
Rok vydání: 2016
Předmět:
Zdroj: Folia Oeconomica Stetinensia, Vol 16, Iss 2, Pp 7-16 (2016)
Druh dokumentu: article
ISSN: 1898-0198
DOI: 10.1515/foli-2016-0021
Popis: The variables used in statistical research can be measured on different scales. According to Stevens the most common division of measurement scales distinguish four main types: nominal, ordinal, interval and ratio. The chosen scale of measurement implies further the possibility of applying certain statistical methods. For socio-economic research it is frequent that among independent variables appear variables of a qualitative nature. This study presents the idea of the application of the Likert and Osgood scales for the evaluation and quantification of qualitative variables in the real estate valuation process.
Databáze: Directory of Open Access Journals