Interpretation in correlating the Money Problem Check List dimensions using Rasch Model

Mohd Effendi, Ewan Mohd Matore, Ahmad Zamri Khairani and Nurul Hasyimah Mat Rani

International Journal of Academic Research in Business and Social Sciences, 2016, vol. 6, issue 12, 121-137

Abstract: This paper aims to examine the internal consistency and separation index of Mooney Problem Checklist (MPCL) using Rasch Model, investigating the intercorrelation between eleven dimensions in MPCL and discussing about the polytechnic students’ performance for each dimension. MPCL was measured using eleven dimensional category covers issues: (i) health, (ii) finance, (iii) recreation,(iv) courtship, (v) social, (vi) personal,(vii) religion, (viii) family, (ix) career, (x) education and (xi) learning. The MPCL was administered quantitatively to 252 respondents selected from seven polytechnics in Malaysia and the convenience sampling technique was employed. Data were analyzed using WINSTEPS 3.71.0.1 based on Rasch measurement model framework. The results showed that the items are fulfilling the requirement internal consistency and separation index Rasch model. Three pairs of dimensions have a strong relationship, while 15 pair has a moderate relationship and 37 pair yet has a poor relationship. The findings showed the three dimensional pair has a strong correlation, which includes education - learning (r = 0.687, p = 0.000), career - education (r = 0.685, p = 0.000) and social - personal (r = 0.662, p = 0.000). Three pairs that have the weakest correlation relationship is recreation - career (r = 0.332, p = 0.000), finance - religion (r = 0.309, p = 0.000) and health - career (r = 0.297, p = 0.000). This study shows the strength of the dimensions in MPCL in proving the suitability of the items used for replication in the context of polytechnics. The research not only contributes to test the psychometric properties of the items in replicating with polytechnic students’ context, it is also showing us the students’ performance for each dimensions as well.

Keywords: Money Problem Checklist; Rasch Model; Challenges; Polytechnic (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:hur:ijarbs:v:6:y:2016:i:12:p:121-137

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