Demonstrating That Scores from a New Measurement Procedure Are Related

question 33

True/False

Demonstrating that scores from a new measurement procedure are related to scores from an established measure of the same construct is called convergent validity.

---

Definitions:

Revenue Trend Percent

A metric that measures the rate of change in a company's revenue over a specific period, helping to understand growth patterns.

Base Year

A specific year against which economic or financial data is compared over a period of time.

Sales

The exchange of goods or services for money, measuring the primary revenue-generating activities of a business.

Common-size Percent

A technique used in financial analysis where all line items are expressed as a percentage of a common base figure, facilitating comparison between financial periods and companies.