Credit-Scoring Systems Tend to Be Valid Over Long Periods of Time

question 35

True/False

Credit-scoring systems tend to be valid over long periods of time (usually several years)and need not be periodically retested.

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Definitions:

Inkblots

Utilized in the Rorschach test, these are symmetrical ink patterns generated randomly to evaluate psychological interpretation and emotional functioning.

Trait Theories

Approaches in psychology that aim to describe personality through the identification and measurement of stable characteristics that vary between individuals.

Personality

An individual's unique and relatively consistent patterns of thinking, feeling, and behaving.

Cognitive Social-Learning Theories

Theories that emphasize the role of cognitive processes in learning from the social environment, including the effects of beliefs, self-perceptions, and expectations on behavior.