Week 2 Activity 1: Research Activity: Develop MPI

Step 4:

The resulting scores need to be converted to a scale of 1-100 and for this we use the following formula:

Y^s_ij = [Y -min_i / max_i -min_i * 99] + 1

Where Y_ij^s is the scaled final value of country j for the dimension i (i=1,.., 7 ); Y_ij is the average score of country j on dimension i; min_i and max_i are the minimum and maximum values for dimension i, respectively. Finally, we find the weighted average of all dimensions using the weights presented in the previous table (based on input from managers).