Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Look up keyword
Like this
4Activity
0 of .
Results for:
No results containing your search query
P. 1
Citizens’ Acceptance of the Euro Currency: Quantitative Data Analysis

Citizens’ Acceptance of the Euro Currency: Quantitative Data Analysis

Ratings: (0)|Views: 201|Likes:
Published by Firasco
With the introduction of the euro in Slovakia in 2009 the Euro zone has been extended, now compromising sixteen states. The objective of our research is to find out more about the citizens’ relationship with the euro as well as which part of the population appreciates the common currency the most.
With the introduction of the euro in Slovakia in 2009 the Euro zone has been extended, now compromising sixteen states. The objective of our research is to find out more about the citizens’ relationship with the euro as well as which part of the population appreciates the common currency the most.

More info:

Published by: Firasco on Jun 09, 2009
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PDF, TXT or read online from Scribd
See more
See less

01/08/2012

pdf

text

original

 
 1F. Arab // M. Huser 2C Skills
 –
Quantitative Data Analysis I. 2008-2009
Citizens’ Acceptance of the Euro
 
- Quantitative Data Analysis -
Tutor:J. HoogenboezemM. HuserID ******F. ArabID ******Pigeonhole 584Date: 02-02-2009Course 2.C (3)Assignment 2Final Draft
 
 2F. Arab // M. Huser 2C Skills
 –
Quantitative Data Analysis I. 2008-2009
With the introduction of the euro in Slovakia in 2009 the Euro zone has been extended, nowcompromising sixteen states. The objective of our research is to find out more about the
citizens’ relationship with the euro as well as
which part of the population appreciates thecommon currency the most. In this paper four established hypothesis shall be assessed andeither proven or disproven. With the aim in mind to include as many population clusters aspossible, the survey was not limited to a certain area in Maastricht but was extended toinclude several areas such as the Randwyck and the city centre.
Using the occasional “simplerandom sampling”
method, thirty-one respondents at the age of sixteen to seventy wereinterviewed. Altogether twelve questions were asked, serving to enable the usage of inductively generalized statements (Neumann, 2003). In the following, a critical reflection onthe problems that emerged during the conduction of the survey will be given. Then, theacquired raw results will be fed into SPSS, producing output which will serve to explain thefour hypotheses. In the final part an answer to the above stated research question will begiven.During the survey we encountered some of the expected problems. Firstly, a numberof respondents were suspicious and wanted to know for what purpose their answers will beused. We had to explain that we are students from the Maastricht University conducting asurvey in the framework of a Quantitative Data Analysis course. Moreover, we assured themthat the results will be handled confidentially and that they will not be associated with them(hence, they stay anonymous). Secondly, some respondents initially hesitated to tell us theirexact age. The fear of the intrusion of their privacy might be an explanation for thisbehaviour. Due to this ethical issue, we can estimate that some answers are inaccurate(Gilbert, 2008). Thirdly, question 7 dealing with the reaction upon the introduction of the euroin 2002 as well as question 9 on how long it took them to get used to paying with it turned outto be problematic. Most of the respondents could only provide answers based on estimatesdue to the phenomenon of memory decay. We were trying to retrieve information which laidyears in the past. On that ground, some of them even did not give us an applicable answer.This
“’
non-recorded
information
is invalid data (Johnson, & Reynolds, 2005, p. 310). Forthe analysis it is important to distinguish, therefore, between the
sa
mple size” including this“missing data”
as well as
the “valid responses”
excluding it (Ibid.). The same difficultyapplies for the business men and women interviewed, whose profession requires them totravel a lot. They could not always tell us certainly how often they travelled in the year 2008.In the next part, the results of the analysis of the four hypotheses will be represented.
 
 3F. Arab // M. Huser 2C Skills
 –
Quantitative Data Analysis I. 2008-2009
 Hypothesis 1:
There is a negative relationship between age and acceptance of the eurocurrency.
 The first hypothesis revolves around a possible negative relationship between age andacceptance of the euro currency. This negative relationship was established on the groundsthat older people are decreasingly able to adjust to unfamiliar circumstances and situationssuch as a new currency.
Linear Regression
20,0030,0040,0050,0060,0070,00
Age
1,002,003,004,005,006,00
   A  c  c  e   p   t  a   n  c  e  o   f   t   h  e   E  u   r  o
Acceptance of the Euro = 5,84 + -0,05 * AgeR-Square = 0,28
Figure 1
Relationship between Age and Acceptance of the Euro
 In figure 1, this negative relationship between age and acceptance of the euro is clearlyevident. With increasing age the acceptance of the euro stated by the respondent decreasesaccordingly. Hence, the hypothesis is confirmed. The fact that the linear regression curve isclose to 45° indicates a rather strong negative correlation between the two variables.

Activity (4)

You've already reviewed this. Edit your review.
1 thousand reads
1 hundred reads
Kayla Lehoczky liked this
blue.orchid99 liked this

You're Reading a Free Preview

Download
scribd
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->