How Does Dollar Amount Consumers Spend Compare Between Credit and Debit

question 47

Multiple Choice

How does dollar amount consumers spend compare between credit and debit cards?

• A)Credit cards are used for substantially more dollars of transactions than debit cards.
• B)Debit cards are used for substantially more dollars of transactions then credit cards.
• C)Credit cards are used for slightly more dollars of transactions than debit cards.
• D)Both cards are used for about the same dollars of transactions.

---

Definitions:

Reliability Coefficient

The reliability coefficient is a statistical measure that indicates the consistency or stability of scores obtained from a test or measurement tool over time.

Unsystematic Error

The collection of factors that contribute to the variation in scores noted across administrations of a test or instrument. Also referred to as random error.

Random Measurement Error

Variability in measurement results that arises from unpredictable fluctuations during the measurement process.

Internal Consistency

A measure of the reliability of a psychological test or survey, based on the extent to which all parts of the test contribute equally to what is being measured.