What Is the Most Appropriate Way to Determine Reliability with Likert

question 26

Multiple Choice

What is the most appropriate way to determine reliability with Likert scales, where different answers receive different weightings?

• A)test-retest
• B)Spearman-Brown
• C)Kuder-Richardson 20
• D)coefficient alpha (or Cronbach's Alpha)

Understand and calculate average numbers in various contexts.

Apply knowledge of tax (GST and PST) calculations in financial contexts.

Calculate mill rates and understand their impact on property taxes.

Determine weighted average shares and understand its relevance in financial decisions.

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Definitions:

Market Price

The current price at which an asset or service can be bought or sold in a public market, determined by the supply and demand dynamics.

Unrealized Increase

An increase in the value of an asset or investment that has not been sold or exchanged, meaning the gain is not yet reflected in income.

Allowance

In accounting, an estimate for future adjustments to assets, such as bad debt or depreciation.

Market Value

The current price at which an asset or service can be bought or sold in a public marketplace.