Application of RASCH measurement model in quality evaluation of Shariah Compliant Gold Investment (SCGI) instrument / Najahudin Lateh and Ghafarullahhuddin Din

This paper describes the process of assessing the validity and reliability of a new instrument namely Shariah Compliant Gold Investment (SCGI). The instrument consists of 33 items that are embedded in three dimensions and was administered to 27 Malaysian investors and investment institutions. Rasch...

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Main Authors: Najahudin Lateh, Ghafarullahhuddin Din
Format: Article
Language:English
Published: Academy of Contemporary Islamic Studies 2016
Online Access:http://ir.uitm.edu.my/id/eprint/16535/
http://ir.uitm.edu.my/id/eprint/16535/2/AJ_NAJAHUDIN%20LATEH%20JCIS%2016.pdf
id uitm-16535
recordtype eprints
spelling uitm-165352019-04-22T02:53:18Z http://ir.uitm.edu.my/id/eprint/16535/ Application of RASCH measurement model in quality evaluation of Shariah Compliant Gold Investment (SCGI) instrument / Najahudin Lateh and Ghafarullahhuddin Din Najahudin Lateh Ghafarullahhuddin Din This paper describes the process of assessing the validity and reliability of a new instrument namely Shariah Compliant Gold Investment (SCGI). The instrument consists of 33 items that are embedded in three dimensions and was administered to 27 Malaysian investors and investment institutions. Rasch model was used to examine the validity of items by two criteria (1) point measure correlation (PTMEA CORR) and (2) fit statistics (infit/outfit MNSQ and z-std). The findings indicated that the reliability value for the respondents and items are high with r = 0.91 and r = 0.81 respectively with Cronbach alpha 0.93. At the same time, the item separation is 2.07 while the person separation is 3.15. As for the items polarity, most of the items contributed to the measurement as all of the PTMEA CORR values are positive (+0.44 logit to +1.66 logit) except for the A03 item (0.17 logit). The fit item testing indicated that the value of the sum of the mean of infit MNSQ and SD was between +0.68 logit to +1.30 logit. Only one item (A03) falls in the range of elimination due to negative value of PTMEA CORR and z-std > 2.0. The results suggested the item to be removed, retaining the balance of 32 items. Academy of Contemporary Islamic Studies 2016 Article PeerReviewed text en http://ir.uitm.edu.my/id/eprint/16535/2/AJ_NAJAHUDIN%20LATEH%20JCIS%2016.pdf Najahudin Lateh and Ghafarullahhuddin Din (2016) Application of RASCH measurement model in quality evaluation of Shariah Compliant Gold Investment (SCGI) instrument / Najahudin Lateh and Ghafarullahhuddin Din. Journal of Contemporary Islamic Studies, 2 (1). pp. 19-33. ISSN 2289-9634
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collection Online Access
language English
description This paper describes the process of assessing the validity and reliability of a new instrument namely Shariah Compliant Gold Investment (SCGI). The instrument consists of 33 items that are embedded in three dimensions and was administered to 27 Malaysian investors and investment institutions. Rasch model was used to examine the validity of items by two criteria (1) point measure correlation (PTMEA CORR) and (2) fit statistics (infit/outfit MNSQ and z-std). The findings indicated that the reliability value for the respondents and items are high with r = 0.91 and r = 0.81 respectively with Cronbach alpha 0.93. At the same time, the item separation is 2.07 while the person separation is 3.15. As for the items polarity, most of the items contributed to the measurement as all of the PTMEA CORR values are positive (+0.44 logit to +1.66 logit) except for the A03 item (0.17 logit). The fit item testing indicated that the value of the sum of the mean of infit MNSQ and SD was between +0.68 logit to +1.30 logit. Only one item (A03) falls in the range of elimination due to negative value of PTMEA CORR and z-std > 2.0. The results suggested the item to be removed, retaining the balance of 32 items.
format Article
author Najahudin Lateh
Ghafarullahhuddin Din
spellingShingle Najahudin Lateh
Ghafarullahhuddin Din
Application of RASCH measurement model in quality evaluation of Shariah Compliant Gold Investment (SCGI) instrument / Najahudin Lateh and Ghafarullahhuddin Din
author_facet Najahudin Lateh
Ghafarullahhuddin Din
author_sort Najahudin Lateh
title Application of RASCH measurement model in quality evaluation of Shariah Compliant Gold Investment (SCGI) instrument / Najahudin Lateh and Ghafarullahhuddin Din
title_short Application of RASCH measurement model in quality evaluation of Shariah Compliant Gold Investment (SCGI) instrument / Najahudin Lateh and Ghafarullahhuddin Din
title_full Application of RASCH measurement model in quality evaluation of Shariah Compliant Gold Investment (SCGI) instrument / Najahudin Lateh and Ghafarullahhuddin Din
title_fullStr Application of RASCH measurement model in quality evaluation of Shariah Compliant Gold Investment (SCGI) instrument / Najahudin Lateh and Ghafarullahhuddin Din
title_full_unstemmed Application of RASCH measurement model in quality evaluation of Shariah Compliant Gold Investment (SCGI) instrument / Najahudin Lateh and Ghafarullahhuddin Din
title_sort application of rasch measurement model in quality evaluation of shariah compliant gold investment (scgi) instrument / najahudin lateh and ghafarullahhuddin din
publisher Academy of Contemporary Islamic Studies
publishDate 2016
url http://ir.uitm.edu.my/id/eprint/16535/
http://ir.uitm.edu.my/id/eprint/16535/2/AJ_NAJAHUDIN%20LATEH%20JCIS%2016.pdf
first_indexed 2023-09-18T22:56:17Z
last_indexed 2023-09-18T22:56:17Z
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