Cronbach's Alpha Analysis

Job ID: 33845448

Budget: ₹750 – ₹1,250 INR

Cronbach’s alpha is a measure used to assess the reliability, or internal consistency, of a set of scale or test items. This method is used to measure the reliability or internal consistency of the data related to investor's behavior towards stock market. By using this method I'm able to conclude that demographic factor are most reliable as it's Cronbach's alpha is between 0.7 to 0.9. And I also get to know that it has some limitations too that is scores that have a low number of items associated with them tend to have lower reliability, and sample size can also influence your results for better or worse.