Examlex
What rates are exchange rates for the delivery of a currency at a specific point in the future?
Internal Consistency
A method of determining reliability of an instrument by looking within the test itself, or not going “outside of the test” to determine a reliability estimate as is done with test-retest or parallel forms reliability. Some types of internal consistency reliability include split-half (or odd-even), Cronbach’s Coefficient Alpha, and Kuder-Richardson.
Licensure Exam
A standardized test that individuals must pass to obtain a license to practice in certain professions, ensuring they meet the required competency standards.
Median
The middle value in a data set when the values are arranged in ascending or descending order.
Range
The simplest measure of variability is the range, which is calculated by subtracting the lowest score from the highest score and adding 1.
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