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st: Creating an index


From   Ozgur Ozdemir <ozdemirozgur@hotmail.com>
To   Stata <statalist@hsphsun2.harvard.edu>
Subject   st: Creating an index
Date   Sun, 13 May 2012 13:03:00 +0000


Hi,
I am using Stata 10 and would like to create an index based on 4 variables. However, I do not want to use factor analysis as it implies that there is correlation between the variables. Is there any way of creating an index on stata ? Is there any way to create ranges of four variables such as good, average etc and then assuming that all the good ones can be called A, then B etc? 
 
 
 
kind regards
Ozgur 
 		 	   		  
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