Which of the Following Examples Best Reflects the Use of Interrater

question 19

Multiple Choice

Which of the following examples best reflects the use of interrater reliability?

• A) In a study examining the creativity of children's paintings, several judges are asked to rate the creativity of each painting. The degree to which the judges agree in their ratings is assessed.
• B) In a study examining the favorite foods of college students, a large sample of students rate several foods according to their preferences. The degree to which students' responses are correlated is assessed.
• C) In a study examining toy preferences of toddlers, the children are left alone to play with several toys for an hour. During the first half-hour, one researcher observes their play. During the second half-hour, a second researcher observes their play. The researchers' observations are then compared.
• D) In a study examining well-being in the elderly, respondents living in different nursing homes are asked to rate the quality of their nursing home. Researchers then obtain a copy of participants' medical records. The relationship between the quality ratings and actual health is assessed.

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Definitions:

Swap Market

The swap market is a financial market where parties exchange streams of cash flows or other financial instruments for a set period, often to manage risk or obtain better loan terms.

Fed Funds Rate

The rate at which banks and other financial institutions borrow and lend their Federal Reserve deposits to one another on an overnight basis.

LIBOR

The London Interbank Offered Rate (LIBOR) is a benchmark interest rate at which major global banks lend to one another.

Risk-Free Rates

The theoretical return on investment with no risk of financial loss, typically represented by the yield on government securities.