Professional Documents
Culture Documents
Economic Development
• What is an index?
• An index is a composite of indicators that produces a
single calculation which can then be ranked.
2) Reliability
3) Parsimony
Validity
• What is the index supposed to measure?
• What indicators make up the index?
• Are these the best indicators for this index?
• How are the indicators calculated?
• Are there better ways to calculate these
indicators?
• In short, how well does the index actually
measure what it is supposed to be
measuring?
Reliability