I would be surprised if you were to run a simulation with
newY = oldY +rv.uniform(-2.5,2.5)).
that you would find much difference in the results.
Since you are looking at rounding that would add noise of up to 2.5 on either side.
What would you do if you had a classrom test with 21 questions that were right/wrong? Would you use the sum of the items as a ratio level of measurement?
Another way to find out if it makes a difference to treat the variable as ordinal and asinterval level in the same run of a CATREG and see if the it makes a difference.
My gut feeling without knowing a lot more about the actual data is that you would not have to use up the extra df to treat it as ordinal.
Before I would treat the variable as merely ordinal I would try an inverse density function to transform the proportion to a z score. and see if it makes a contribution to the reasoning.
zscore = idf.normal(proportion, 1,0).
What do you see if you do a scatter plot vizualization of pairs of IVs and the untransformed DV? In your output does a loess fit look better than a linear fit?
Of course it makes a differnce what the meaning of the 8 variables is, but if they ar DVs can you gain df by treating the variables as 8 repeats of measuring the same construct rather than 8 different constructs?
HTH
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Arthur Kendall
Social Research Consultants
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Original Message:
Sent: 05-09-2013 14:32
From: Chris Barker
Subject: covariates with measurement error
Hi, thanks. I meet with the client tomorrow, (she is visiting the U.S. for a week) and yours are on my list of questions.
I'm developing a "statistical prediction model" and treating the variable as ordinal is a reasonable option, however as you mentioned, unfortunately on my training dataset, I have barely enough data to estimate the regression model that includes the ordinal variable and a few other variables that are to be included in the model.
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Chris Barker, Ph.D.
President - San Francisco Bay Area Chapter of the American Statistical Association
www,barkerstats.com
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"In composition you have all the time you want to decide what to say in 15 seconds, in improvisation you have 15 seconds."
-Steve Lacy
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