Types of Measurement Scale:
1. Nominal Scale:
2. Ordinal Scale:
3. Interval Scale:
4. Ratio Scale:
Characteristics of Good Measurement:
1. Reliability:
2. Validity:
Relationship between Reliability And Validity:
Types of variables:
Variable:
1. Continuous Variables:
• Variables which are measureable with the help of instrument.
• In points, Fraction.
• Like height, weight, etc.
2. Discrete Variables:
• Variable which are countable.
• In whole nos.
• Like, chair in room, Fans in room etc.
3. Dependant Variables (DV) :
• Estimated the impact of IV on DV.
4. Independent Variables (IV) :
• Manipulation on variations did by ownself.
5. Moderating Variable (MV) :
A Moderating Variable is one that strengthens or weakens the relationship between IV and DV. A Moderating Variable tells us when does the chance occur and for the change occurs.
Situation:
A Manager found that off the job classroom Training positively effect employees performance but only those employee who are less then so years of age.
6. Mediating (Intervening) Variable (MIV):
A mediating variable is one that explains the mechanism of change from IV to DV. A mediating variable tells us why does the change occurs.
Situation:
Advertising efforts increase sales because increase advertising efforts first increases consumer motivation to purchase, which ultimately results in increased sales.
Situation:
Failure to follow accounting principles creates confusion which creates problems for the company. But those companies having good experience in book keeping may revert the situation.
Types of Hypothesis:
Hypothesis:
1. Null Hypothesis:
• A testable hypothesis.
• Always in the form of equality.
• Null Hypothesis; μ = 30 , μ ≥ 30 , μ ≤ 30
2. Alternative Hypothesis:
• A hypothesis against of which null hypothesis are test.
• Alternative Hypothesis; μ ≠ 30 , μ > 30 , μ < 30
♦ From null and alternate hypothesis ; one hypothesis should have to be true.
♦ Null and alternate hypothesis are mutually exclusive and collectively exhaustive.
Mutually Exclusive:
When the occurrence of an event/outcome prevents the occurrence of an other outcomes/events then these two events/outcomes are said to be mutually exclusive.
e.g;
If coins were tossed then the occurrence of head prevents the occurrence of tail then of is said to be mutually exclusive.
Collectively Exhaustive:
Null Hypothesis should have an equality sign, it is union to universal set.
• (= , ≥ , ≤ , ≠)
• Null hypothesis ; μ ≥ 30
Alternative Hypothesis ; μ > 30
( These both hypothesis are not mutually exclusive because result can be different or change).
• Null Hypothesis ; μ > 30
Alternative Hypothesis ; μ < 30
( They are not collectively exhaustive because there is no equal sign and result can also be different or change).




