The Item-Total Correlation Is Typically Calculated Using Which Correlation

question 10

Multiple Choice

The item-total correlation is typically calculated using which correlation?

• A)Coefficient Alpha
• B)Pearson product moment correlation
• C)Point-biserial correlation
• D)Spearman rank order correlation

---

Definitions:

Product Fill Rate

A measure of a company's ability to meet customer demand from available stock, often expressed as a percentage of customer orders fulfilled from stock on hand.

Safety Inventory

A quantity of stock maintained in reserve to protect against uncertainties in demand or supply, ensuring that operations continue smoothly.

Lot Size

The quantity of goods considered to be a standard amount for buying or manufacturing, often determined by considering production efficiency and inventory holding costs.

Fill Rate

The percentage of customer demand that is met without backorders or delays, indicating the efficiency of inventory management.