Relating to Lawshe's Content Validity Ratio (CVR),if Half of the Panelists

question 2

Multiple Choice

Relating to Lawshe's Content Validity Ratio (CVR) ,if half of the panelists rated a given item on an employment test as representing an essential skill required on the job,the item's CVR would

• A) be negative.
• B) be zero.
• C) be positive.
• D) depend on how many panelists there are.

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Definitions:

Payback Period

The duration required for an investment to generate cash flows sufficient to recover its initial cost.

AAR

Average Annual Return, which measures the average return generated by an investment per year over a specified period.

NPV

Net Present Value; a method used in capital budgeting to evaluate the profitability of an investment, calculating the difference between the present value of cash inflows and outflows.

Discounted Payback Period

The time it takes for an investment to generate cash flows to recover its initial cost, accounting for the time value of money.