Examlex
A test developer asks five clinicians who are experts in depression to rank 100 depressed clients on a 1 to 5 scale from minor depression to severe depression. The rankings are then correlated with test scores on a new test of depression. What kind of validity is being measured?
MRP
Marginal Revenue Product, which is the additional revenue generated from employing one more unit of a resource.
Productivity
A measure of the efficiency of production, often expressed as the ratio of output to input within a specific period.
Marginal Revenue Product
The additional revenue a firm generates from employing one more unit of input, such as labor or capital.
Productivity
An evaluation of how effectively a person, machine, factory, or system transforms inputs into valuable outputs.
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