Examlex
When an issuer of securitized loans divides them into different risk classes or tranches,they are providing an:
Predictive Validity
When a scale is related to a concrete outcome or behavior.
Discriminant Validity
The extent to which a construct is truly distinct from other constructs by empirical standards, often assessed through its lack of correlation with unrelated constructs.
Convergent Validity
When a scale correlates with other scales measuring the same construct.
Face Validity
When scale items appear, at face value, to measure what they are supposed to measure.
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