If You Used a 12-Inch Ruler to Measure the Distance

question 25

Multiple Choice

If you used a 12-inch ruler to measure the distance across a large pond, which of the following aspects of a good measurement would you be violating?

• A)Validity
• B)Reliability
• C)Unbiasedness
• D)None of the above.

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Definitions:

Net Income

The amount of money remaining after all operating expenses, taxes, and interest have been deducted from total revenue.

Sales

The process of exchanging a product or service for monetary value, typically in a business setting.

Return on Equity

A financial ratio that measures the profitability of a corporation in relation to stockholders’ equity, indicating how well a company uses investment funds to generate earnings growth.

Sales

The activity or business of selling products or services.