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Calculation of the Variance in Surveys of the Economic Climate
2006
Social Science Research Network
Public opinion surveys have become progressively incorporated into systems of official statistics. Surveys of the economic climate are usually qualitative because they collect opinions of businesspeople and/or experts about the long-term indicators described by a number of variables. In such cases the responses are expressed in ordinal numbers, that is, the respondents verbally report, for example, whether during a given trimester the sales or the new orders have increased, decreased or
doi:10.2139/ssrn.1852253
fatcat:zjnx7gs4xzczlbhzvx2gu7gsam