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An Improvement in Consumer Confidence Will Affect the Growth Rate

question 128

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An improvement in consumer confidence will affect the growth rate of the economy.


Definitions:

External Validity

The extent to which the results of a study can be generalized to other situations and to other people outside of the experimental setting.

Construct Validity

The degree to which a test or instrument measures the theoretical construct or psychological concept it intends to measure.

Population

The total number of people under consideration.

Sample

A subset of individuals from a larger population, selected for participation in a research study, meant to represent the larger group.

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