The Measurement of a Variable Has Validity When

question 36

Multiple Choice

The measurement of a variable has validity when

• A) the same results are obtained each time it is measured.
• B) it becomes an accepted variable in a given area of research.
• C) it can be measured quantitatively.
• D) the inferences that are made from the measurement are accurate.

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Definitions:

Spot Exchange

Involves the immediate transaction or exchange of financial instruments or commodities for immediate delivery.

Currency Value

The worth of one country's currency in terms of another's, influencing international trade and economic balance.

Fiat Currencies

Money that a government has declared to be legal tender, but it is not backed by a physical commodity.

Cryptocurrencies

Electronic currencies employing cryptography to secure transactions and operating autonomously from any central banking institution.