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Related to the Economics in Practice on p. 153: If a recovery from a recession is slower than expected, companies like General Motors would likely experience ________ in unplanned inventories and as a result ________ production.
Discriminant Validity
The degree to which a measurement tool is not correlated with variables from which it should theoretically differ.
Significant Correlations
Statistical relationships between two variables where the association is strong enough to not likely be due to chance.
Constructs
Abstract concepts or theoretical entities that are devised to explain patterns in research, such as intelligence, motivation, or happiness, which are not directly observable.
Interrater Agreement
The level of consistency among different observers or raters in the assessment or evaluation of the same phenomenon.
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