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Sala Co. is contemplating the replacement of an old machine with a new one. The following information has been gathered: If the old machine is replaced, it can be sold for $20,000.
Which of the following amounts is relevant to the replacement decision?
Generalize
To generalize means to make a broad statement or rule that applies beyond the original context, based on observations from specific examples.
Cognitive Task
refers to a specific activity or exercise designed to assess or enhance cognitive functions, such as memory, attention, or problem-solving skills.
External Validity
The degree to which the results of a study can be generalized or extended to other contexts, settings, or populations.
Interactional Validity
The degree to which the measurement tools used in a study allow for meaningful interactions among the variables studied.
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