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Ordinary least squares regression of Okun's law.Since the regression line does not miss any of the points by very much, the R 2 of the regression is relatively high.. In statistics, the coefficient of determination, denoted R 2 or r 2 and pronounced "R squared", is the proportion of the variation in the dependent variable that is predictable from the independent variable(s).
Validity [5] of an assessment is the degree to which it measures what it is supposed to measure. This is not the same as reliability, which is the extent to which a measurement gives results that are very consistent. Within validity, the measurement does not always have to be similar, as it does in reliability.
In statistics, regression validation is the process of deciding whether the numerical results quantifying hypothesized relationships between variables, obtained from regression analysis, are acceptable as descriptions of the data.
Cohen's kappa coefficient (κ, lowercase Greek kappa) is a statistic that is used to measure inter-rater reliability (and also intra-rater reliability) for qualitative (categorical) items. [1] It is generally thought to be a more robust measure than simple percent agreement calculation, as κ takes into account the possibility of the agreement ...
A useful inter-rater reliability coefficient is expected (a) to be close to 0 when there is no "intrinsic" agreement and (b) to increase as the "intrinsic" agreement rate improves. Most chance-corrected agreement coefficients achieve the first objective. However, the second objective is not achieved by many known chance-corrected measures. [4]
The average variance extracted has often been used to assess discriminant validity based on the following "rule of thumb": the positive square root of the AVE for each of the latent variables should be higher than the highest correlation with any other latent variable. If that is the case, discriminant validity is established at the construct ...
Unfortunately, there is no way to directly observe or calculate the true score, so a variety of methods are used to estimate the reliability of a test. Some examples of the methods to estimate reliability include test-retest reliability, internal consistency reliability, and parallel-test reliability. Each method comes at the problem of ...
Cronbach's alpha (Cronbach's ), also known as tau-equivalent reliability or coefficient alpha (coefficient ), is a reliability coefficient and a measure of the internal consistency of tests and measures.