A Rasch analysis of the community’s preference for different attributes of Islamic banks in Indonesia
07 Aug 2018-International Journal of Social Economics (Emerald Publishing Limited)-Vol. 45, Iss: 12, pp 1647-1662
TL;DR: The results show that the assurance of financial security, friendliness and the application of Islamic principles in their operations are the most important attributes to be considered when people choose an Islamic bank.
Abstract: The purpose of this paper is to investigate the degree to which the different attributes of Islamic banks in Indonesia are preferred by the community.,This paper uses a quantitative approach by applying Rasch analysis to measure the relative importance of 18 attributes of Islamic banks to the community. The data were collected by questionnaires, which were distributed online and completed by 345 respondents. In addition to the Rasch model, the preference of attributes was measured by a statistical inference test, using “SPSS” software, which employs binary logic regression related to the agreement between the performance of attributes and expectations.,The instrument used in this study showed good reliability, and its validity fits the expected model. The results show that the assurance of financial security, friendliness and the application of Islamic principles in their operations are the most important attributes to be considered when people choose an Islamic bank. The degree of importance placed by the community on the various attributes of Islamic banks will have an effect upon the actual and perceived quality of those attributes. An increase in the community’s preference for a particular attribute will eventually be followed by an increased agreement between the actual performance of that attribute and the community’s expectation.,The varied profiles of individual respondents were not explored fully: this research relies solely on quantitative analysis. So, there is no empirical information to inform the Islamic banks as to which segments of the community should be the focus of their promotional activities.,The use of Rasch analysis to measure the community’s preference for various attributes of Islamic banks has not been done previously.
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12 Jul 2021
TL;DR: In this paper, the authors analyzed the quality of the items by validating the national chemistry exam instrument using the Rasch model and found that the average chemistry ability of respondents is above the average level of difficulty of the test items.
Abstract: Information about score obtained from a test is often interpreted as an indicator of the student's ability level. This is one of the weaknesses of classical analysis that are unable to provide meaningful and fair information. The acquisition of the same score if it comes from a test item with a different level of difficulty, must show different abilities. Analysis of the Rasch model will overcome this weakness. The purpose of this study was to analyze the quality of the items by validating the national chemistry exam instrument using the Rasch model. The research sample was 212 new students of the Department of Chemistry at the State University of Medan. The data collected was in the form of respondent's answer data to the 2013 chemistry UN questions, which amounted to 40 items multiple choice and uses the documentation method. Data analysis technique used the Rasch Model with Ministep software. The results of the analysis show the quality of the Chemistry National Exam (UN) questions is categorized as very good based on the following aspects: unidimension, item fit test, person map item, difficulty test level, person and item reliability. There is one item found to be gender bias, in which men benefit more than women. The average chemistry ability of respondents is above the average level of difficulty of the test items
7 citations
TL;DR: In this article, the psychometric properties of the I-PMI were evaluated using a Confirmatory Factor Analysis and Rasch Model approach, and the results show that the Indonesian Physics Metacognition Inventory (I-PMIs) is collected in 6 constructs from 26 items.
Abstract: Metacognition inventory supports increased awareness and self-control to improve student’s academic success, including physics. However, there are limitations to revealing the Physics Metacognition Inventory (PMI), especially in Indonesia. This study aims to explore and evaluate the psychometric properties of PMI. This survey research has involved 479 students from three high schools in Indonesia. The psychometric properties of the I-PMI were evaluated using a Confirmatory Factor Analysis and Rasch Model approach. The results show that the Indonesian Physics Metacognition Inventory (I-PMI) is collected in 6 constructs from 26 items. The validity, reliability, and compatibility tests have also been analyzed with good results. The five rating scales used have adequate functionality. This research has also presented more comprehensive information about the Physics Metacognition Inventory in the context of Indonesian culture. This study has implications for using I-PMI to assess students’ metacognition at the high school level in Indonesia and recommendations for future research.
5 citations
Cites methods from "A Rasch analysis of the community’s..."
...Rasch’s analytical model makes it possible to process ordinal data into interval data from questionnaires (Setiawan et al., 2018)....
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...Person data is used to see the suitability of respondents statistically, while item data is to know the appropriateness of using items in the instrument (Setiawan et al., 2018)....
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...The model fit interval was accepted in the range of 0.5 MNSQ 1.5 (Setiawan et al., 2018)....
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29 Mar 2020
TL;DR: A sustainable coaching model application from the Ciomas footwear MSMEs can be carried out in an integrated, directed and targeted, market-based manner as mentioned in this paper, which aims to fill the existing gap, namely the right coaching model that can be developed for MSME practitioners so that they have competitive advantages.
Abstract: This research aims to fill the existing gap, namely the right coaching model that can be developed for MSME practitioners so that they have competitive advantages. A sustainable coaching model application from the Ciomas footwear MSMEs can be carried out in an integrated, directed and targeted, market-based manner. By using qualitative methods, it is known that the atributes of production process, production equipment, production control, buildings and facilities, markets, quality standardization, business management, financing, and promotion have average performance. In this case based on the perception of the footwear MSMEs, the performance measure is on a medium scale, while the expectation measure is on a high scale.
5 citations
TL;DR: In this article , the authors explore students' perceptions of the implementation of online learning during the pandemic in terms of gender perspective, ownership of social media, and duration of internet access.
Abstract: This study aims to explore students’ perceptions of the implementation of online learning during the pandemic in terms of gender perspective, ownership of social media, and duration of internet access. This research was conducted by a survey involving 87 students (P = 51% and L = 49%) in junior high school. Data were analyzed using Logit Value of Item (LVI) and Wright map combined with Logit Value of Person (LVP). Students’ perceptions were reviewed based on gender, social media ownership, and duration of daily internet access. The results showed that, in general, students have a positive perception of online learning. Based on gender, male and female students have almost the same positive perception of online learning. In terms of ownership of social media accounts, students with one account or two social media accounts have a perception of online learning above the average logit person. Most students who access the internet for more than 5 hours have a perception above the average logit person. Students whose internet access duration is 3-4 hours have a perception above the average logit person. So, gender, social media ownership, and internet access duration of 3-4 hours have positive perceptions of online learning.
5 citations
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01 Jan 2014
TL;DR: This chapter discusses the Rasch Model and Item Response Theory Models, as well as key resources for Continued Expansion of Your Understanding of Rasch Measurement.
Abstract: What is Rasch Measurement & How Can Rasch Measurement Help Me?- Rating Scale Surveys, A Rasch Rating Scale Analysis (Step I)-Reading Data and Running an Analysis- Understanding Person Measures- Item Measures- Wright Maps - First Steps- Wright Maps - Second Steps Fit- How Well Does That Rating Scale Work? How Do You Know, Too?- Person Reliability, Item Reliability and More- What is an Ogive? How do I Use It?- Some Wright Map Nuance, How To Set the Probability of Success at 65% (or whichever percentage you wish to choose)- Differential Item Functioning- Linking Surveys and Tests- Setting Pass/Fail Points and Competency Levels- Expressing Competency Levels- Quality of Measurement and Sample Size- Missing Data: What should I do?- Combining Scales- Multifaceted Rasch Measurement- The Rasch Model and Item Response Theory Models: Identical, Similar, or Unique?- What Tables to Use?- Key Resources for Continued Expansion of Your Understanding of Rasch Measurement- Where Have We Been & What's Next?
668 citations
TL;DR: In this article, a preliminary investigation shows that there remain substantial divergences between IBF's ideals and its practices, and much of IBF still remains functionally indistinguishable from conventional banking.
Abstract: Islamic Banks hold well over US $700 billion in assets and are growing at over 15% p.a. Islamic Banking and Finance (IBF) involves wider ethical and moral issues than simply ‘interest-free’ transactions. Its advocates argue that these make it more economically efficient than conventional banking and promote greater economic equity and justice. To what extent, then, do actual Islamic Banking practices live up to the ideal, and how different are they from conventional banking? A preliminary investigation shows that, three decades after its introduction, there remain substantial divergences between IBF's ideals and its practices, and much of IBF still remains functionally indistinguishable from conventional banking. This runs counter to claims by IBF advocates that it would rapidly differentiate itself from conventional banking. However, despite not providing an alternative to conventional banking and finance, IBF does strengthen a distinctly Islamic identity by providing the appropriate Islamic terminology for de facto conventional financial transactions.
563 citations
TL;DR: A 17-item scale emerges following the study to develop an instrument for measuring customer service quality at trading bank branches, with a focus on retail banking as mentioned in this paper, which addresses the psychometric shortcomings of the existing work in service quality research.
Abstract: A 17‐item scale emerges following the study to develop an instrument for measuring customer service quality at trading bank branches, with a focus on retail banking. The conceptual framework addresses the psychometric shortcomings of the existing work in service quality research. A robust research design takes the study through multiple stages of development where the construct is pretested and piloted; in the main survey stage, data collection methods are triangulated, returning 791 completed questionnaires. Analysis of instrument reliability, dimensionality and validity present gratifying results; for example, scale alpha is recorded at 0.9249. The instrument can be applied as part of branch performance measurement, as well as help diagnose problems in delivery of service, and segment the bank′s customer base for healthier decision making in marketing.
380 citations