Lopez Assesses the Correlation Between Scores Obtained on Two Halves

question 185

Multiple Choice

Lopez assesses the correlation between scores obtained on two halves of his new test measuring the ability to cope with stress. He is checking the _____ of his new test.

• A)reliability
• B)validity
• C)norms
• D)variability

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Definitions:

Nonrival

A characteristic of goods where one person's consumption does not diminish the ability of others to consume the same good.

Social Costs

The total cost to society, including both the private costs borne by producers and also any external costs to others not involved in the transaction.

Social Benefits

The aggregate advantage to society derived from the production or consumption of a product, encompassing both individual benefits and any additional external advantages.

Pay-per-view Movies

A service that allows consumers to pay for individual movies to watch rather than subscribing to a broad service offering.