The most appropriate measure of central tendency for


Question 1: A z score of 3.0 for a job applicant's score on an aptitude test indicates the applicant ______.

  • achieved a score 3 points higher than the average score
  • received a score 3 standard deviations above the mean score
  • had a score 3 percent higher than the average score
  • had a score plus or minus 3 points relative to the mean score

Question 2: The most appropriate measure of central tendency for nominal data is the ______.

  • Mean
  • Median
  • standard deviation
  • mode

Question 3: Content validation is most appropriate when ____________.

  • reliability is too high
  • sample size is large
  • criterion measures are readily available
  • sample size is too small for criterion validity calculation

Question 4: Which of the following levels of statistical significance would provide the most confidence that a sample correlation coefficient would not be interpreted as having a relationship in the population, when, in fact, there is no such relationship?

  • .10
  • .50
  • .01
  • .05

Question 5: The standard error of measurement allows ________.

  • calculation of confidence intervals for true scores
  • estimates of content validity
  • calculation of confidence intervals for actual scores
  • calculation of confidence intervals for error

Question 6: A scale in which objects are rank ordered according to how much of the attribute they possess, with equal space between objects.

  • Nominal
  • Ordinal
  • Interval
  • ratio

Question 7: The case for validity generalization across situations becomes stronger if ___.

  • correlation coefficients are negative
  • the standard error of measurement is large
  • differences in method and statistical differences are controlled
  • reliability is low

Question 8: When predictor and criterion scores have been obtained, the predictor can be considered valid if __________.

  • the correlation coefficient has the desired practical and statistical significance
  • the correlation coefficient has statistical significance alone
  • the correlation coefficient is insignificant
  • the correlation coefficient has practical significance alone

Question 9: Coefficient alpha assesses ____________.

  • reliability within a single time period
  • reliability between time periods
  • reliability between samples
  • test-retest reliability

Question 10: A scale in which objects are rank ordered according to how much of the attribute they possess.

  • Nominal
  • Ordinal
  • Interval
  • ratio

Question 11: The process of ensuring that all test takers receive the same tests in the same context, as a way to eliminate extraneous influences on test performance is called ____________________.

  • Standardization
  • Optimization
  • Rationalization
  • inflation

Question 12: Deficiency error would not indicate a failure to _________.

  • measure some portion of the attribute of interest
  • adequately define the attribute of interest
  • construct a proper measure of the totality of the attribute
  • calculate the standard deviation

Question 13: Reliability of measurement is defined as __________.

  • frequency of measurement
  • magnitude of measurement
  • accuracy of measurement
  • consistency of measurement

Question 14: A scale in which a given attribute is categorized, and numbers are assigned to the categories, but there is no order or level implied among the categories.

  • Nominal
  • Ordinal
  • Interval
  • ratio

Question 15: The larger the correlation coefficient, _________.Answer

  • the greater the practical significance
  • the smaller its practical significance
  • the larger its range
  • the smaller its statistical significance

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Finance Basics: The most appropriate measure of central tendency for
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