The Bank of Canada 2015 retailer survey on the cost of payment methods : nonresponse / Stan Hatko.: FB3-1/107-2017E-PDF

"Nonresponse is a considerable challenge in the Retailer Survey on the Cost of Payment Methods conducted by the Bank of Canada in 2015. There are two types of nonresponse in this survey: unit nonresponse, in which a business does not reply to the entire survey, and item nonresponse, in which a business does not respond to particular questions within the survey. Both types may create a bias when computing statistics such as means and weighted totals for different variables. This technical report analyzes solutions to fix the problem of nonresponse in the survey data. Unit nonresponse is addressed through response probability adjustment, in which response probabilities are modelled using logistic regression (a clustering approach for the unit response probabilities is also considered) and are used in the construction of a set of survey weights. Item nonresponse is addressed through imputation, in which the gradient boosting machine (GBM) and extreme gradient boosting (XGBoost) algorithms are used to predict missing values for variables of interest"--Abstract, p. ii.

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Publication information
Department/Agency Bank of Canada.
Title The Bank of Canada 2015 retailer survey on the cost of payment methods : nonresponse / Stan Hatko.
Series title Technical report = Rapport technique, 1919-689X ; no. 107
Publication type Series - View Master Record
Language [English]
Format Electronic
Electronic document
Note(s) "March 2017."
Includes bibliographical references (p. 21-22).
Includes abstract in French.
Publishing information [Ottawa] : Bank of Canada, 2017.
Author / Contributor Hatko, Stan.
Description ii, 45 p. : col. charts
Catalogue number
  • FB3-1/107-2017E-PDF
Subject terms Retail trade
Finance
Surveys
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