Three Key Factors to Consider When Assessing Ecological Validity Are

question 39

Multiple Choice

Three key factors to consider when assessing ecological validity are:

• A)The data being collected, the way of recording it and the presence of the researcher
• B)The task, the size of the sample and the presence of the researcher
• C)The culture of the participant, the setting and the presence of the researcher
• D)The task, the setting and the presence of the researcher
• E)The task, the setting, the replicability of the procedure

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Definitions:

Carrying Costs

Carrying costs are the expenses associated with holding inventory, including storage, insurance, and spoilage, among others.

Opportunity Costs

Forgoing possible benefits from different choices when selecting a specific option.

Credit Instrument

A document or agreement that serves as evidence of a debt or credit relationship, facilitating the extension of credit.

Indebtedness

A financial metric indicating the total amount of owed financial obligations or debts by an individual, company, or country.