Examlex
Reliability and validity are very important concepts in psychological research.Describe what both of these are and provide an example of something being reliable but not valid.
Opportunity Costs
The loss of potential gain from other alternatives when one alternative is chosen; the value of the next best choice.
Financial Investment
The purchase of a financial asset (such as a stock, bond, or mutual fund) or real asset (such as a house, land, or factories) in the expectation of financial gain.
Bank Certificate
A document issued by a bank certifying the deposit of money or financial instruments with a certain value.
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