Although Participants Routinely Scored About the Same Every Time, the New

question 18

Multiple Choice

Although participants routinely scored about the same every time, the new fire fighters aptitude test showed almost no correlation to their actual performance. This new test is

• A) reliable and valid.
• B) reliable but not valid.
• C) not reliable but valid.
• D) not reliable and not valid.

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Definitions:

Franchise Agreement

A franchise agreement is a legal, binding contract between a franchisor and franchisee, outlining the terms, rights, and responsibilities of both parties regarding the operation of the franchise.

Operating a Franchise

The act of running a business under the branding and operational model of an established company, typically with an agreement dictating terms and conditions.

Disclosure Statements

Information that franchisors are required to provide to potential franchisees.

Federal Trade Commission

A United States government agency that aims to prevent fraudulent, deceptive, and unfair business practices in the marketplace.