Social Class Is a Strong Predictor of Purchases That Have

question 8

Multiple Choice

Social class is a strong predictor of purchases that have symbolic aspects, but low to moderate prices. Which of the following is the best example of a product with those characteristics?

• A) liquor
• B) cars
• C) homes
• D) refrigerators

---

Definitions:

Validity

The degree to which a tool, test, or study accurately measures what it is intended to measure or achieves what it intends to achieve.

Reliability

The degree to which an assessment tool produces stable and consistent results across different occasions.

Standardization

The process of making something conform to a standard in order to ensure consistency and comparability.

Intelligence Testing

the assessment of an individual's range of cognitive abilities, aptitudes, and intellectual potential through various standardized tests.