Which of the Following Statements Is True Regarding Reliability and Validity

question 35

Multiple Choice

Which of the following statements is true regarding reliability and validity?

• A)Reliability and validity are directly proportional to each other.
• B)Reliability and validity are inversely proportional to each other.
• C)A measure must be reliable if it is to have any validity.
• D)Every measure that is reliable has high degree of validity.
• E)Reliability is a necessary and sufficient condition for validity.

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Definitions:

S&P 500

A stock market index tracking the performance of 500 of the largest companies listed on stock exchanges in the United States.

DJIA

Dow Jones Industrial Average, a stock market index that measures the stock performance of 30 large companies listed on stock exchanges in the United States.

Lloyds of London

A British insurance and reinsurance market, where members join together as syndicates to insure and spread risks.

FDIC

The Federal Deposit Insurance Corporation, a U.S. government agency insuring deposits in banks and thrift institutions, offering depositors protection against bank failure.