When Benefits Are Concentrated and Costs Are Diffused, Resources Often

question 121

True/False

When benefits are concentrated and costs are diffused, resources often get wasted on projects with high benefits and low costs.

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Definitions:

Validity Generalization

A statistical approach that suggests the validity of a test in one context can extend to other contexts, simplifying the validation process of selection instruments.

Criterion-Related Validation

The process of validating how well a test or assessment predicts outcomes based on established criteria.

Past Behavior

Previous actions or conduct of an individual, often analyzed to predict future behavior.

Content Validation

The process of evaluating the relevance and coverage of test items to ensure they accurately measure the desired construct.