The Degree to Which a Test,interview,or Performance Evaluation Measures the Ability

question 14

Multiple Choice

The degree to which a test,interview,or performance evaluation measures the ability to perform a job is called _______________.

• A) content validity
• B) construct validity
• C) criterion-related validity
• D) None of the above.

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Definitions:

Black Monday

Refers to a specific date, October 19, 1987, when stock markets around the world crashed, recording the largest one-day percentage decline in stock market history.

Daily Returns

The profit or loss of an investment over a single trading day, expressed as a percentage of the investment's value at the start of the trading day.

Normally Distributed

A statistical term that describes a bell-shaped frequency distribution that is symmetric about the mean, used in various financial models to assume the distribution of returns or asset prices.

Risk-Adjusted Returns

Performance measurement that evaluates the return gained from an investment relative to the risk taken, often calculated using measures such as the Sharpe ratio.