Which of the Following Is True of Validity

question 112

Multiple Choice

Which of the following is true of validity?

• A) Validity cannot be explained using correlation coefficients.
• B) Validity identifies how free a measurement is from random error.
• C) Validity measures the level of cultural fit.
• D) Validity can only be measured in one way.
• E) Validity ensures the fairness of employment practices during selection procedures.

---

Definitions:

Prices of Capital

Prices of capital refer to the cost of acquiring, maintaining, and using productive assets such as buildings, machinery, and equipment for producing goods or services.

Prices of Labor

Generally refers to the wages received by workers for their labor, determined by the supply and demand for labor in the market.

Isocost Line

A graphical representation showing all possible combinations of inputs that can be purchased with a given total cost.

Slope

In mathematics and economics, this term refers to the steepness of a line on a graph, indicating the rate of change between variables represented on the axes.