Examlex
How do firms respond to unplanned inventory changes? What is the effect on their production and GDP?
Content Validity
The extent to which a test measures all aspects of the concept or behavior it is intended to assess.
Construct Validity
The extent to which a test measures what it claims to measure, demonstrating the accuracy of the concept or construct being tested.
Predictive Validity
The extent to which a score on a scale or test predicts future performance on a related outcome.
Parallel Form Reliability
A measure of reliability used to assess the consistency of the results of different forms of the same test.
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