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Compare Reliability and Validity

question 34

Essay

Compare reliability and validity. Why are they important considerations in marketing research?


Definitions:

Protecting

Ensuring safety or defending something from harm, damage, or adverse conditions.

Illusion of Invulnerability

A cognitive bias leading individuals or groups to underestimate risks and overestimate their ability to control outcomes.

Groupthink

A psychological phenomenon occurring within a group of people in which the desire for harmony or conformity results in an irrational or dysfunctional decision-making outcome.

Ebbinghaus

Hermann Ebbinghaus, a German psychologist known for his pioneering work on memory and the forgetting curve.

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