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A Chance Event That Has an Impact on the Outcome

question 94

Short Answer

A chance event that has an impact on the outcome of the choice but is not under the manager's control is called a(n) ________.


Definitions:

Reliability

The consistency and dependability of a test, measurement, or experiment to produce the same results under the same conditions over time.

Sufficient Condition

A condition or set of conditions that, if met, guarantees a certain outcome or result.

Content Validity Ratio

A statistical measure used to evaluate the extent to which a test or assessment accurately covers the content it is intended to measure.

Construct Being Measured

The specific psychological trait, ability, or characteristic that an assessment or test is designed to evaluate.

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