When a Scale Measures What It Is Supposed to Measure

question 107

Multiple Choice

When a scale measures what it is supposed to measure, it is said to have __________.

• A) validity
• B) internal reliability
• C) test-retest reliability
• D) intercoder reliability

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Definitions:

Input Demand

Refers to the demand for production inputs (like labor and raw materials), driven by the demand for the outputs those inputs produce.

Competitive Price

A pricing strategy where the price is set based on what competitors are charging for similar products or services.

Market Price

The current price at which a good or service can be bought or sold in a marketplace.

Unionized Plumbers

Plumbers who are members of a labor union, which negotiates wage rates and working conditions on their behalf.