When Interpreting Cronbach's Alpha in Business Research, a Value Above

question 3

Multiple Choice

When interpreting Cronbach's alpha in business research, a value above ____ generally indicates a reliable scale?

• A) 0.7
• B) 0.5
• C) 0.1
• D) 0.01

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Definitions:

Leisure

Time spent away from work and essential domestic activities, typically used for relaxation, recreation, or personal interests.

Economic Motives

The underlying reasons that guide individuals or entities to make decisions regarding the allocation of resources.

Disposable Income

This is the amount of money that households have available for spending and saving after income taxes have been accounted for.

Consumption

refers to the total amount of goods and services bought and used by households and individuals.