Answer the Following Questions Using the Information Below

question 76

Multiple Choice

Answer the following questions using the information below:
Moises, Black, Elderberry and Associates are in the process of evaluating its new client services for the business consulting division.

-What is estimated life-cycle operating income for the first year?

• A)$(520,000)
• B)$(700,000)
• C)$2,800,000
• D)$3,320,000

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Definitions:

Median

The score that falls in the middle of all the scores on the test; also called the 50th percentile.

Predictive Validity

When a scale is related to a concrete outcome or behavior.

Discriminant Validity

The extent to which a construct is truly distinct from other constructs by empirical standards, often assessed through its lack of correlation with unrelated constructs.

Convergent Validity

When a scale correlates with other scales measuring the same construct.