Micah Developed a Psychological Measure Intended to Assess a Person's

question 58

Multiple Choice

Micah developed a psychological measure intended to assess a person's level of conscientiousness. However, after several pilot studies of the psychological measure it appears that the measure actually assesses a person's level of obsessiveness. Micah's conscientiousness measure would best be described as:

• A) not reliable for the intended purpose.
• B) not valid for the intended purpose.
• C) reliable for the intended purpose.
• D) valid for the intended purpose.

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Definitions:

Commodity

A basic good used in commerce that is interchangeable with other goods of the same type.

Grain Surplus

An excess amount of grain production over the demand, leading to stored or wasted grain.

Market Economy

An economic system where decisions regarding investment, production, and distribution are based on supply and demand, and prices of goods and services are determined in a free price system.

Price Floor

A government-set minimum price that can be charged for goods and services, aimed at protecting producers.