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For Tests That Measure Abstract Qualities Such as Intelligence or Leadership

question 16

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For tests that measure abstract qualities such as intelligence or leadership ability,establishment of validity may have to rely on:


Definitions:

Opportunity Cost

The neglect of potential gains that could be obtained from a variety of choices when one is prioritized.

Opportunity Cost

The cost of forgoing the next best alternative when making a decision or choosing to invest in one opportunity over another.

Opportunity Cost

In the process of making a decision, the disadvantage of excluding the immediately better option.

Economics Homework

Assignments given to students to deepen their understanding of economic principles, theories, and models.

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