Which of the Following Steps Are Involved in Conducting SEM

question 41

Multiple Choice

Which of the following steps are involved in conducting SEM?

• A) Specify the measurement model.
• B) Define the individual constructs.
• C) Assess measurement model reliability and validity.
• D) Specify the structural model if the measurement model is valid.
• E) All of the above.

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Definitions:

Effective Rate

The total calculated interest on a loan or investment annually, including compounding, differing from the nominal interest rate.

Effective Annualized Rate

The interest rate that is annualized using compounding over a given period, providing a true reflection of the financial cost.

Simple Interest

Interest calculated on the principal portion of a loan or deposit, without compounding over time.

GICs

Guaranteed Investment Certificates, a type of Canadian investment that offers a guaranteed rate of return over a fixed period of time.