Cronbach's Alpha Refers To

question 68

Multiple Choice

Cronbach's alpha refers to:

• A) the degree to which individual measurements of a variable differ from one another.
• B) a statistic used to indicate how much, on average, an individual scores differs from the arithmetic means of the scores.
• C) a statistic used to evaluate the internal consistency reliability of a scale.
• D) the conclusion a researcher makes when the probability is that one's hypothesis is unlikely to be incorrect given the data collected.

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Definitions:

American Firms

Companies or corporations that are registered and operate in the United States, contributing to its economy.

Justice Department

A federal executive department of the U.S. government responsible for the enforcement of the law and administration of justice.

Market Power

The ability of a company or entity to influence the price of goods or services in a market.

Monopoly

An industry in which one firm produces all the output. The good or service produced has no close substitutes.