Ratios in the Social Sciences

Othmar W. Winkler
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Othmar W. Winkler: Georgetown University, The McDonough School of Business

Chapter Chapter 4 in Interpreting Economic and Social Data, 2009, pp 51-61 from Springer

Abstract: Besides the proper tabulation of aggregates, ratios are simple yet powerful tools of interpretation.1 The algebraic operation of division establishes a binary relationship between two numbers, to subdivide, but more importantly for statistics, to compare. The importance of ratios resides in the fact that a statistical aggregate is an artificial creation that has no counterpart in the perceptible world of human experience. Its informational content, the big picture of a socio-economic phenomenon can only be revealed through connecting a given statistical aggregate with other, similarly abstract creations, namely other statistical aggregates.

Keywords: Index Number; Statistical Aggregate; Monthly Labor Review; Order Ratio; Work Accident (search for similar items in EconPapers)
Date: 2009
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DOI: 10.1007/978-3-540-68721-4_4

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