Which One of the Following Questions Is Concerned with Construct

question 22

Multiple Choice

Which one of the following questions is concerned with construct validity?

• A) Do the results support the researcher's hypothesis?
• B) Do the results support the theory behind the research?
• C) Are there alternative variables that can be ruled out as potential causes of the behavior or interest?
• D) Are the measuring instruments free of error?

Recognize the characteristics of well-designed pay plans and how they align with organizational goals.

Understand the importance of fairness and attainability in incentive pay plans.

Analyze the suitability of different incentive plans for various types of jobs and employee roles.

Appreciate the impact of incentive plans on employee motivation and organizational success.

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Definitions:

Risk Aversion

a preference for certain outcomes over uncertain ones, often characterized by the avoidance of risky situations.

Expected Value

A calculated average of all possible values for a random variable, taking into account their probabilities of occurrence.

Lottery

A form of gambling involving the drawing of numbers at random for a prize, often regulated by governments.

Adverse Selection

A situation in which one party in a transaction has more information than the other, often leading to a negative outcome for the less-informed party.