The Components of Internal Validity Are

question 33

Multiple Choice

The components of internal validity are

• A)a large sample, and BLUE property of the estimator.
• B)a regression R² above 0.75 and serially uncorrelated errors.
• C)unbiasedness and consistency of the estimator, and desired significance level of hypothesis testing.
• D)nonstochastic explanatory variables, and prediction intervals close to the sample mean.

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Definitions:

Event

A specific outcome or type of outcome that can occur in a situation or experiment.

Condo Sales

The transactions involving the buying and selling of condominium units.

Interest Rates

The cost of borrowing money or the return on investment, usually expressed as a percentage of the principal over a period of one year.

Prior Probability

The probability of an event or outcome before new data is collected, often used in Bayesian statistics.