The "Known Groups" Approach to Validity Is a Variation On

question 31

Multiple Choice

The "known groups" approach to validity is a variation on:

• A)concurrent validity.
• B)predictive validity.
• C)construct validity.
• D)discriminant validity.

---

Definitions:

Compound Interest

Interest on a loan or deposit calculated based on both the initial principal and the accumulated interest from previous periods.

Reinvested Interest

Reinvested interest is the compounding of interest by adding the payments back to the principal amount instead of paying it out, thereby increasing the total interest earned over time.

Simple Interest

Interest calculated only on the principal amount of a loan or investment, not on any previously earned interest.

Account Balance

The total amount of money present in an account at a given point in time, considering all credits and debits.