A Selection Measure Has Content Validity When It Can Be

question 6

True/False

A selection measure has content validity when it can be shown that its content representatively samples the content of the job for which the measure will be used.

---

Definitions:

Fair-Return

A principle whereby regulated entities are allowed to set prices that cover their costs and provide a reasonable profit.

Price-Discriminating

A pricing strategy where a seller charges different prices for the same product or service to different customers based on various factors.

Elastic

In economics, it describes a situation where the demand or supply for a good changes significantly in response to price changes.

Nondiscriminating

Policies or practices that do not selectively favor or prejudice any particular group or individual.