-The table above shows the marginal costs and marginal benefits of university education. If the market for university education is perfectly competitive and unregulated, at the equilibrium quantity, the marginal external benefit is
Definitions:
Predictive Validity
The extent to which a score on a scale or test predicts future performance on a related task.
Correlate Strongly
To correlate strongly means that two or more variables have a significant association or relationship, where changes in one variable are consistently associated with changes in another.
Predictive Validity
The extent to which a score on a scale or test predicts scores on some criterion measure.
Predictive Validity
The extent to which a score on a scale or test predicts future behavior or outcomes.
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