When They Were First Introduced, ATMs

question 352

Multiple Choice

When they were first introduced, ATMs

• A)were a substitute for bank tellers, but eventually became a complement.
• B)were a substitute for bank tellers, and their existence has continued to depress the demand for tellers.
• C)were a complement to bank tellers, but over time have replaced them.
• D)had no effect on the demand for bank tellers.

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Definitions:

Validity

The extent to which a test or instrument measures what it claims to measure.

Reliability

How much a testing tool generates consistent and stable outputs over various times.

Validity

Refers to the extent to which a concept, conclusion or measurement is well-founded and likely corresponds accurately to the real world.

Accuracy

The degree to which a measurement or estimation matches the true value or standard.