Examlex
Market skimming pricing is where products are offered at a high price in an effort to rapidly recover costs.
Test Validation
The process of ensuring that a test accurately measures what it is intended to measure.
Content Validity
Refers to the extent to which a test measures all aspects of a given construct or domain of interest accurately.
Construct Validity
Construct validity refers to the extent to which a test or instrument measures the theoretical construct it is intended to measure.
Differential Validity
Differential validity is the extent to which a test predicts outcomes differently for distinct groups, often analyzed to assess fairness across demographics.
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