External Validation Is to Internal Validation as Prediction Is to

question 41

Multiple Choice

External validation is to internal validation as prediction is to

• A)validity.
• B)reliability.
• C)the connection between the composite index and individual items.
• D)the best strategy for handling missing data.
• E)evaluation

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Capital

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Technology

The technological knowledge available in an economy at any given time. The level of technology determines the amount of output we can generate with our limited resources.

Law of Comparative Advantage

The principle that a country should specialize in producing and exporting goods in which it has the lowest opportunity cost compared to others.

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