Summary: Quantitative Methods
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Read the summary and the most important questions on Quantitative Methods
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Themeblock 1. Introduction
This is a preview. There are 16 more flashcards available for chapter 01/09/2020
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"Start with broad theory, try to create a specific hypothesis, then systematically collect data to test their hypothesis"
Deductive logic -
"Start with observations, from there start to see patterns, start to develop a theory"
Inductive theory -
Ordinal level of measurement
Order is important, calculating mean, the gabs are important -
Interval/ratio level of measurement
Most precise level of measurement, measuring rather than order -
Themeblock 2. Discrete Choice Models
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What are Discrete Choice Models
Regression models that predict the chance that a person chooses a discrete alternative based on his characteristics -
Which three criteria do these alternatives have to meet:
Exhaustive, exclusive, not too large -
Name two forms of discrete choice models
Logistic regression, multinominal logit regression -
Testing model fit (the likelihood ratio test)
Chi-squared test (the difference between the complete model and a model with only the constant term) -
Themeblock 4. Temporal Dimension
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What is the formula for Simple Index?
It=Yt/Y0*100 -
What is the formula for unweighted compound index?
It=(sumYit )/(sumYi0 )*100
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