Examlex
Which of the following theories explains why increased education translates to higher wages?
Nominal
Refers to a basic level of measurement that categorizes data into distinct groups without implying order or quantitative value.
Ratio
A quantitative relationship between two numbers, showing how many times one value contains or is contained within the other.
Reliability
The degree to which an assessment tool produces stable and consistent results over time.
Predictive
Relating to the ability to forecast future events, trends, or behaviors based on current or past data.
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