A Reliability of 0.98 Means That,on Average

question 80

Multiple Choice

A reliability of 0.98 means that,on average:

• A)98% of items will fail to perform as expected.
• B)98 of 1000 items will fail to perform as expected.
• C)98 of 100 items will perform as expected.
• D).02 of 100 items will fail to perform as expected.

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Definitions:

Future Location

Refers to a place where something is expected or planned to be situated at a later time.

Economic Generalizations

General statements that summarize common relationships or patterns within an economy, often derived from empirical observations and economic theory.

Purposeful Behavior

Actions taken with intention and goal-directed motivation, often considered in economic theory as rational choice.