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Read Poon, C., & Hon, T. (2015). Household Savings in Hong Kong: A Statistical Analysis. Journal of Family and Economic Issues . DOI 10.1007/s10834-015-9457-0 .a.

Read Poon, C., & Hon, T. (2015). Household Savings in Hong Kong: A Statistical Analysis.

Journal

of Family and Economic Issues

. DOI 10.1007/s10834-015-9457-0

.a.

Critically evaluate the introduction of the study.

i.

Point out and explain one major problem of the "literature review" in this section.

ii. Are the research questions suitable for the research objectives? Explain.

b.

Critically evaluate the sampling method of the study.

i.

Point out and explain two key problems in the sampling method.

ii. Propose a better sampling method for this survey. Name the sampling method, describe the

sampling frame, state the relevant numbers (e.g. sample size, sampling ratio, sampling

fractions etc. if applicable) and inclusion and exclusion criteria of respondents,

and describe

briefly the recruitment plan.

c.

Critically evaluate the measurement of the study:

i.

Explain how far the questions to measure "household saving characteristics" demonstrate

good content validity.

d.

Measurement of respondents' household saving pattern:

i.

Respondents were asked to report on their household saving pattern (please refer to Q18 in

Table 12 and Chart 1). Point out the substantive problem in this question and explain how the

problem compromises the quality of the data or the analysis.

ii. Propose change(s) (e.g., replacing the question with better questions or adding more

questions) to improve the measurement. Explain why the change(s) are appropriate.

e.

Measurement of adequacy of saving:

i.

Respondents were asked to report on adequacy of saving of other family member (Q19 would

you say your family members do not save as much as they think they should?). Point out the

substantive problem in this question and explain how each problem compromises the quality

of the data or the analysis.

ii. Propose change(s) (e.g., replacing the question with better questions or adding more

questions) to improve the measurement. Explain why the change(s) are appropriate.

f.

Suppose we want to know the relationship between saving motives (Q13) and saving determinant

(Q16). Suggest one statistical test that provides good answer to this question. Explain how this is

done and why this test is suitable. (Note: do not list out the steps in SPSS)

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