Criterion Related Validity Refers To

question 52

Multiple Choice

Criterion related validity refers to:

• A) a comparison of measures to some external criterion
• B) an empirical measure that may or may not agree with our common understanding of a particular concept
• C) the degree to which a measure covers the range of meanings included within the concepts
• D) the basis of logical relationships among variables

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Definitions:

Variable Costs

Costs that vary directly with the level of production or the volume of services provided.

Variable Costs

Variable costs are expenses that change in proportion to the activity of a business, such as costs for raw materials or production supplies.

Break-even Point

The production level or sales volume at which total revenues equal total costs, resulting in no profit or loss.

Variable Costs

Costs that vary directly with the level of production or the volume of output.