"Reliability" Refers to the Ability

question 56

Multiple Choice

"Reliability" refers to the ability

• A)to assign a personality test score to a person.
• B)to measure what the personality test purports to measure.
• C)of the personality test to produce the same test score for an individual at other testings.
• D)of a personality test to measure other personality traits.

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Definitions:

Consumer Surplus

The discrepancy in the total sum consumers are willing to offer for a good or service compared to what they actually offer.

Producer Surplus

The difference between the amount producers are willing and able to supply a good for and the amount they actually receive.

Market Price

The amount of money a buyer pays and a seller receives for a product or service in a competitive marketplace.

Producer Surplus

The difference between the amount a producer is paid for a good compared to the minimum amount they would be willing to accept, representing profit.