In the Construct or Substantive) Approach in Personality Trait Measurement

question 8

Multiple Choice

In the construct or substantive) approach in personality trait measurement, the first step in designing a scale is to

• A) Write test items
• B) Sample responses from a large group
• C) Define the trait theoretically
• D) Perform a factor analysis

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Definitions:

Price-Earnings Ratio

A valuation ratio of a company's current share price compared to its per-share earnings, used to evaluate if a stock is under or overvalued.

Market Value Per Share

The current price at which a single share of a company's stock is bought or sold in the financial markets.

Earnings Per Share

Earnings Per Share (EPS) is a measure used to indicate the profitability of a company, calculated as the company's net income divided by the number of outstanding shares of its common stock.

Par Preferred Stock

The value assigned to preferred stock for accounting purposes, not necessarily its market value.