Discussion instructions

Find an example of an index using at least two of the following:

· Likert scaling

· Factor analysis

· Different weights for at least some of the items

· A method of standardizing items that measure characteristics in different units, such as dollars, years of education, and percent unemployment

For your posting, describe the index, explain how the items above are utilized, and how the items are combined to calculate the index.

Answer the question(s) in the instructions. The index you locate must contain two of the four characteristics. If you cannot located an index that includes at least two of the four, you can describe two indices. Each must contain one of the listed characteristics. You must describe the index (or indices), explain how it includes the identified characteristics and how the individual items are combined to create the index. Your answer must include at least 2 paragraphs, minimum of 4 sentences per paragraph.