Which of the Following Statements Is True

question 23

Multiple Choice

Which of the following statements is true ?

• A)We can always demonstrate that a reliable test has meaning.
• B)It is logically impossible to demonstrate that a totally unreliable test is valid.
• C)A test cannot be reliable unless it is also valid.
• D)Reliability and validity are basically unrelated concepts.

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Definitions:

Interest Rate

The percentage of principal charged by the lender for the use of its money or the return earned on deposited funds.

Municipal Bonds

Debt securities issued by municipalities to finance public projects, such as building schools or highways, generally offering tax-exempt interest payments to investors.

Tax Advantage

Financial benefits that accrue due to preferential tax treatment of certain investments or transactions.

Corporate Bond

A type of debt security issued by corporations to raise capital, where the corporation promises to repay the principal along with interest at a specified future date.