BA 30310 Study Guide - Quiz Guide: Dependent And Independent Variables, Regression Analysis
Foresight Quiz #2
● Validity (Internal):
o Validity:
▪ Internal Validity:
● indicators are measuring what we need to measure
● information comes from reliable sources
▪ External Validity:
● indicators can extend to other more elaborate questions
● generalized to other contexts
● Process to Develop a Defensible Forecast: Evidence, Assumptions, and Logic:
o 1. Decide on a Strategy:
▪ Main Questions:
● What is your central question and dependent variable (indicator)?
● What are your supporting questions and independent variables
(indicators)?
● How will you relate the independent variables to project the
dependent variable?
▪ Identify the indicators you will use to measure the answer to your central
question
● dependent variables
▪ Identify the indicators that will measure the trends impacting your topic
as identified in Forces of Change Assessment
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Document Summary
Internal validity: indicators are measuring what we need to measure information comes from reliable sources: external validity: indicators can extend to other more elaborate questions. Process to develop a defensible forecast: evidence, assumptions, and logic: 1. Identify the indicators you will use to measure the answer to your central question. Identify the indicators that will measure the trends impacting your topic as identified in forces of change assessment independent variables: decide how you will determine the cumulative effects of your trends on the indicators measuring your central question. This cumulative effect results in a logical forecast of the dv and is the basis for your expected future: 2. Execute your strategy: gather the data for all indicators. Dv and iv: analyze and forecast your trend indicators, deter(cid:373)i(cid:374)e the tre(cid:374)d i(cid:374)dicators" cu(cid:373)ulative effect o(cid:374) the i(cid:374)dicators used to answer your central question, forecast the indicators used to answer the central questions, 3.
