What Is the Difference Between Criterion Validity and Predictive Validity

question 57

Essay

What is the difference between criterion validity and predictive validity?

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Definitions:

Assumptions

Preliminary ideas or beliefs taken as truth without verification, often used as a basis for theoretical models or planning.

Expert Estimates

The method of using knowledgeable individuals' judgments to predict outcomes, such as time or cost, in project management or planning.

Scenario Forecast

A planning tool involving the analysis of future situations by considering different plausible states of the world or business environment.

Multiple Predictor Estimates

A method in statistics and forecasting using various predictors or variables to estimate an outcome.