Examlex
A fixed exchange rate system without a band of allowed fluctuation would require the nation's monetary authorities to intervene in the foreign exchange market:
Content Validity
An indicator of construct validity of a measure in which the content of the measure is compared to the universe of content that defines the construct.
Discriminant Validity
The extent to which a construct is truly distinct from other constructs by correlating minimally with measures of different constructs.
Construct
A construct is an abstract idea or concept that is specifically chosen or created for scientific inquiry or measurement.
Face Validity
The degree to which a test or measure appears to assess what it claims to measure, based on a superficial examination, rather than through rigorous validation methods.
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