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Dr. Li is interested in creating a measurement of religiosity. According to the dictionary, religiosity is "the quality of being religious; piety; devoutness." He creates a measure comprising 10 statements. People respond to each statement using the following scale (1 = strongly disagree, 3 = neither agree nor disagree, 5 = strongly agree). Some of the statements are below.
Statement 1: "I believe in a religion."
Statement 2: "Part of who I am stems from my religious beliefs."
Statement 3: "I believe that religion is unnecessary."
Dr. Li gives his new measure to a group of 100 adults in order to test the internal validity of his measure. What type of correlation coefficients (r) would Dr. Li expect to find between Statements 1 and 2 and between Statements 1 and 3? What would these correlation coefficients tell Dr. Li about the internal reliability of his measure?
Direct Material
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Indirect Material
Materials used in the production process but not directly traceable to a finished product, such as lubricants for machinery.
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A measure of how revenue growth translates into growth in operating income, indicating the proportion of fixed versus variable costs a company has.
Safety Margin
The difference between the actual sales and the break-even point; it measures the amount by which sales can drop before a business incurs a loss.
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