Question
Conduct survey, Select a group of (no less than 5) ,University students or staff and ask them to complete the standard version of CFPB's Financial
Conduct survey, Select a group of (no less than 5) ,University students or staff and ask them to complete the standard version of CFPB's Financial Wellbeing Survey which contains ten questions. this must ascertain that the survey is conducted anonymously. Using the accompanying scoring sheet, calculate the score for each respondent. Provide the individual scores, as well as the mean and standard deviation of the calculated scores. Based on understanding of the concept of financial wellbeing, what is evaluation of the construct validity of this measure. 5 score sheets data provde below.
Score sheet 1: Total response value is 21, Finanical well-being score is 51. Questionnaire self-adiministered is 18-61.
(Score: 3, 2 ,3 ,2 ,3 ,0, 1, 2, 2, 3)
Score sheet 2: Total response value is 27, Finanical well-being score is 59. Questionnaire self-adiministered is 18-61.
(Score:4, 2, 4, 3, 2, 3, 0, 4, 2, 3)
Score sheet 3: Total response value is 13, Finanical well-being score is 41. Questionnaire self-adiministered is 18-61.
(Score:1, 2, 1, 1, 0, 1, 3, 1, 2, 1)
Score sheet 4: Total response value is 28, Finanical well-being score is 60. Questionnaire self-adiministered is 18-61.
(Score: 3, 2, 4, 3, 2, 3, 2, 3, 3, 3)
Score sheet 5: Total response value is 21, Finanical well-being score is 51. Questionnaire self-adiministered is 18-61.
(Score:2, 3, 3, 2, 1, 1, 2, 3, 3, 2)
What is the means and standard deviation for each of score sheet? please explain how to use excell calculate result.
And what is evaluation of the construct validity of this measure? I just want to know how to explain this measure.
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