Question

A researcher wants to know the determinants of the final grades (overall GPA) of students graduating majoring in Finance from the College of economics and political science. To help the researcher, please answer the following questions.

1.1. Write down a list of one dependent and fiveindependent variables

1.2. Explain how do you measure each variable and how and where do you get the data.

Answer 1

Dependant variable is simply means testable variable. Here , the dependent variable is final grade students graduating in finance.

Independent variables means They are determined /measure the dependent variable.

For example. Market price is determined by supply and demand of the product

Here price is dependent variable

Demand and price are independent variables.

In this study.

We can use Independent variables are

1) Employment Dencity

2) Salary Package

3) Waiting Period of getting job after completing the course.

4)Social Status

5)Long Term Carrier Opportunity

6) Opportunity to Self Employment

7)Easyness of learning the Subject

8) Migration possibilities

9)Importance of Finance in day to day life

10) Demonstration effect.

These all factors affect in increasing number of finance graduate than other subject.

2. Simply we can measure the two variable with random sampling method. Do it as a case study. Otherwise we can collect secondary data from previous work and college data regarding these two variables and enrolling student details.

Better way is primary data collection because which is the study based on a particular college so the volume of study is small. That's why if we use random sampling method the outcome will be accurate to than other method.

Simple Random sampling means select a subset of individual from a larger population. It's easyest way and accurate way I think.