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If short-term interest rates do not change, what happens to a T-bill's fair market value as time passes?
Criterion-related Validity
The extent to which a measure is related to an outcome or criterion, indicating the utility of the test for predicting performance or behavior.
Discriminant Validity
A method of demonstrating construct validity by correlating a test with other dissimilar instruments to ensure lack of a relationship.
Intelligence Test
Individual tests that assess a broad range of cognitive capabilities that generally results in an “IQ” score. Often used to identify mental retardation, giftedness, learning disabilities, and general cognitive functioning. It is a type of aptitude test.
Statistical Analysis
Involves mathematical techniques for collecting, reviewing, analyzing, and drawing conclusions from data.
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