The degree to which the selection method provides economic value greater than its cost refers to:
A) reliability.
B) utility.
C) validity.
D) generalizability.
E) profitability.

Question

Quizplus · Accepted Answer

Utility is the degree to which the selection method provides economic value greater than its cost. Reliability is the consistency or stability of a selection method, validity is the degree to which a selection method measures what it is intended to measure, generalizability is the degree to which the results of a selection method can be generalized to other situations or populations, and profitability is not a commonly used term in selection methods.

The Degree to Which the Selection Method Provides Economic Value