The Effect of an Unpredictable, Rare Event Will Be Contained

question 66

Multiple Choice

The effect of an unpredictable, rare event will be contained in the component.

• A) trend
• B) irregular
• C) cyclical
• D) seasonal

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Definitions:

Discriminant Validity

A measure of the degree to which a test or tool is capable of distinguishing between different constructs or phenomena.

Construct Validity

The extent to which a test accurately measures the theoretical, non-observable construct or trait it is intended to assess.

Correlation

A statistical measure that describes the extent to which two variables change together.

Concurrent Validity

Refers to the extent to which the results of a particular test or measurement correspond to those of a previously established measurement for the same construct.