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To Test the Validity of the Selection Test for Advanced

question 53

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To test the validity of the selection test for advanced widget designers,Correll-Techno Inc.administers the test to the present widget makers in the company.The test results are then compared with the employees' latest performance appraisal scores.In this instance,what type of validation does Correll-Techno implement?


Definitions:

Quantity Supplied

The amount of a good or service that producers are willing and able to sell at a given price.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a specific price level at a given moment.

Free Market

An economic system where prices are determined by unrestricted competition between privately owned businesses.

Housing

The physical dwellings or accommodations in which people reside, including various forms such as apartments, houses, and other residential structures.

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