Article ID Journal Published Year Pages File Type
981231 Procedia Economics and Finance 2014 10 Pages PDF
Abstract

In order to investigate the symmetrical relationships between several sets of variables, or regress one or more quantitative response variables on a set of variables of different nature, it is well known that it is necessary to transform non-quantitative variables in such a way that they can be analyzed together with the others measured on an interval scale.This paper suggests a proposal to cope with the problem of the treatment of ordinal qualitative variables in Co-Inertia(-PLS) Analysis. In the literature there are different proposals based on the application of known statistical techniques to quantify ordinal variables. The approach consists in quantifying each non-quantitative variable according to the empirical distributions of the variables involved in the analysis assuming the presence of a continuous underlying variable for each ordinal indicator.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics