Introduction
Reliability in this research would mean whether the outcome of the results will be the same by the use of the same methodology and same scale measurement. If the results of a specific measure are the same over several measurements by the use of the same measurement objects, then the research is said to be reliable (Westhoff, 2013). The importance of the reliability in the study is that it helps in wiping away the doubts that the outcome of the study might be due to randomly occurring factors. These factors may be either measurement error or current events. Through reliability error of measurements can be reduced by study administration being standardized. The type of reliability that can fit in this study is the test-retest reliability. This relates to the reliability measure obtained by conducting one test in more than one time involving sample group which is the same. For an instant, one can involve several employees of GNB bank in one questionnaire more than two times and in an interval of two weeks so as to determine the stability of the score.
Validity in research is described as the decree whereby study research measures what is intended to be measured. The importance of validity in the study is that it enables to use of the study in our research that giving correct findings. If the result of the study by the same measure is not the same, then the study is meaningless and no need to submit the research (Larsson, 2013). The main type of validity one should prefer is the internal type of validity. This is because one is able to weigh the measurement and the tests of the validity hence give the correct results.
White collar crime can be referred to as in this case as the crime committed in a non-violent means and in aid of huge financial gain. This may be practiced by the participants in a large financial institution by diverting the finances of the said institutes into their pockets (Westhoff, 2013)... There is a variation of laws in white collar crime although it depends on the nature of the committed crime but governed by the federal authority.
The level of measurement would be preverbal for the study is the ordinal level. In this level, the measurement of white-collar crime will be achieved by ranking the participant according to the level of crime committed. This is to say that the individual who was informed in huge looting of the money will be the main suspect followed by the second beneficiary of the same crime (Larsson, 2013)... This is to give justice according to the level of the crime one committed in white-collar crime. Also to ensure that innocent people are not involved in the judgment.
The advantage of using the rank-order scale is that it is very easy to use and give the rank of the ordinal evaluated. The process move to steady fast and the instruction are easily understood and processed (Larsson, 2013). Respondents are forced to evaluate concepts in a manner which is realistic. Besides, the advantage to this scale measurement is that if there is no inclusion of all respondent's alternative choices then the results may be misleading. The ranked concept may be outside the respondent's choice and therefore the data end up being meaningless.
In the first place, determining whether the white collar crime has decreased significantly within a certain location, there are factors that will simply show this kind of change and or reduction in white-collar crime. This factor that will be best to determine this would be a reduction of reported crime cases. It will be clearly evident that there has been a change or reduction in the white-collar crime at an instance where within that particular location, there will only be minimal cases being reported that some huge money amounts have been stolen from banks or all other financial institutions. In addition, there may be not even single cases of criminals arrested and or convicted of white collar crime (Westhoff, 2013)... This way, it will be easy to realize that there has been an impact which has reduced the crime gradually.
The term that would be most useful to use in the analysis of this study would be the mode. The reason as to why the mode would work out best to analyze this is because it will be able to look at the number of times the kind of crime under scope has occurred (Larsson, 2013). Therefore, in this case, the number of times a crime occurs within a certain period and the number of times is going to occur another time will be effective to show if the criminal cases will have gone high or decreased with time.
Conclusion
In the summary of the analysis done in the entire study, the best method that would fit would be the use of inferential statistics. The basic reason as to why it would be the most efficient and or effective one is that despite the analysis of the data obtained alone, this inferential statistics will greatly focus on inferences from the data obtained about the crime (Larsson, 2013). All that it will do is to draw conclusions not based on that particular obtained data alone but rather the conclusions will be based on a more generalized point of view. This will help to curb this kind of crime in larger populations and not a single geographical area.
References
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Gottschalk, P. (2016). Knowledge Management in Private Investigations of White-Collar Crime. Information Resources Management Journal, 29(1), 1-14. Doi: 10.4018/irmj.2016010101
Heineman, K. (2014). Class Unknown: Undercover Investigations of American Work and Poverty from the Progressive Era to the Present. Journal of American History, 101(2), 618-619. Doi: 10.1093/jahist/jau461
Kruisbergen, E., Kleemans, E., & de Jong, D. (2012). Controlling Criminal Investigations: The Case of Undercover Operations. Policing, 6(4), 398-407. Doi: 10.1093/police/pas018
Larsson, D. (2013). The Reaction Towards White Collar Crime: When White Collar Crime Matters. The Open Criminology Journal, 6(1), 1-9. Doi: 10.2174/1874917801306010001
Temkin, B. (2011). Deception in Undercover Investigations: Status Based vs. Conduct Based Ethical Analysis. SSRN Electronic Journal. Doi: 10.2139/ssrn.2875910
Toh Joong-Jin. (2013). Introduction of Undercover Employees in Crime Investigation - Focused on Undercover Employees in Germany -. CHUNG_ANG LAW REVIEW, 15(3), 169-200. Doi: 10.21759/caulaw.2013.15.3.169
Westhoff, L. (2013). Mark Pittenger. Class Unknown: Undercover Investigations of American Work and Poverty from the Progressive Era to the Present. The American Historical Review, 118(5), 1543-1544. Doi: 10.1093/ahr/118.5.1543
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